AAPL began the week with an impressive rally but couldn’t summon enough additional thrust to surpass a key ‘external’ peak at 177.18 recorded on January 12. This doesn’t necessarily mean the stock won’t eventually push above the peak and the all-time high at 182.94 notched a week earlier. However, it does suggest that the move will be lacking in power and the new high potentially fleeting. That’s as much speculating as we can do at the moment, so let’s sit back for a few days and let price action speak for itself. ______ UPDATE (Feb 9, 7:55 p.m.): Bulls have consolidated late January’s steep rally and are now ready to take on the record high at 182.94 recorded on January 4.  The pattern shown in this chart is a bullish reverse head-and-shoulders formation, but even if you were oblivious to it, the visual impression it gives is unmistakably positive.