Apple (AAPL) is Poised for an Important Breakout Move

The push above $215 is quite bullish for AAPL's stock on a technical basis

• The rally in the stock market continues to be a very narrow one. This does not mean the rally cannot continue…and if it does, Apple (AAPL) is now poised to outperform…after months of underperformance. (This set up is very similar to the one we saw with Alphabet (GOOGL) back in early June…just as that stock broke out and spent the next two months outperforming quite nicely.)