From Rambus Big Picture report Tonite

“Lets look at one of the biggest cap stocks on the planet AAPL. The Quarterly chart below shows AAPL didn’t look like anything special during its first 25 years of existence when it built out that massive expanding triangle. Once the top rail was broken and backtested AAPL really took off.

Note the rising wedge that has been building out over the last five years or so. If the top rail is broken to the upside that rising wedge will be a bullish rising wedge and you will see a similar impulse move to the one leading into the rising wedge. I know how hard it is to believe something like that is possible, but that’s what the chart pattern is strongly suggesting. When looking at all the other consolidation patterns there is always the impulse move that follows the completing of the consolidation pattern.”

sheesh… ever get the feeling you missed something BIG that was literally right under your nose.

If Rambus is right ( and he usually is) Apple may be just Starting to break out….and remember this is a LOG Chart

which means the PO is …er….well damn near infinity

!