Apple went bullishly impulsive on the daily chart with last week’s surge, but buyers could turbocharge the effect with just a small, further push past the two peaks shown (labeled #3 and #4). A pullback today would diminish the implied power of the move, but even then the stock would remain an even-odds bet to test — and eventually exceed — the all-time high at 644 recorded in April. If this were to occur, it would be most unlikely for the broad averages to languish, let alone decline.
