Why Apple Has Risen from a Technical Analysis Perspective

Seeking Alpha writes: "I was on Ken Ray's Day 6 podcast this weekend (February 14, 2009) trying to make sense of the markets. Ken was interested in why Apple (AAPL) had risen from its lows of 78 to over 100 in the past three weeks without any apparent news events to correlate with the move. We talked about how uncertainty and mob sentiment determines the price of AAPL, or any stock. But I don't think Ken was buying the explanation I gave. Or perhaps he wanted to understand, but it's all so complicated it's no wonder how anyone makes sense of it."

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