What's different about this one? Couple of things.
(1) Fundamentally, AAPL is perceived to be stronger, as new products are expected to be release in the next few months. Iphones have been selling well (better than Samsung despite of having older models), above the low expectations. These suggest that the AAPL ecosystem and products are more attractive and more resistant to "market saturation" that many of the analysts were worried about.
(2) Technically, AAPL is making a more consistent uptrend (going up 4 weeks in a roll). This is something we haven't seen for awhile. Overall, the sentiment is more resilient this time (partially fueled by the recent earning report). In addition, the histogram is trending up. There is convergence on stochastics (higher lows on both stock prices and stochastics on the most recent bottoms). These are .
Where are we going next week?
This chart demonstrates intersection of the lines. There will be a breakout one way or the other. I expect there to be a breakout. Next week is the key here. Watch carefully. Once the resistance line is broken, the next resistance will be $460. The next significant resistance will be around $490-500. Stay tuned.
Disclaimer: I am long AAPL .