Apple stock may be gearing up for major breakout

Apple stock hit a 52-week low on the first trading day of 2023, but it bottomed there. Shares of the Cupertino Colossus are now up more than 21% so far on the year, and may be on the brink of a major breakout.Bret Kenwell for TheStreet:An upside breakout for Apple could have a huge impact on stocks, not only due to its size but also in regards to sentiment.But, there’s at least one caveat in the way, which is the Federal Reserve’s interest rate decision and follow-up news conference