Another tech stock that's setting up to trigger a near-term breakout is technology king Apple ( AAPL). This stock is off to a strong start in 2012, with shares up around 50%. (It was also featured earlier today in " 5 Stocks Ready to Slingshot Higher." If you look at the chart for Apple, you'll notice that this stock recently found some buying interest right around its 50-day moving average of $573.95 a share. After buyers stepped in, shares of AAPL started to soar and trigger a near-term breakout trade once it cleared some overhead resistance levels at $588.50 to $590 a share with decent volume. That move is now pushing AAPL within range of triggering another major breakout trade that could lead to a sharp move higher. >>4 Ways to Profit When Apple Hits $725 Market players should now look for long-biased traders in AAPL if this stock can manage to trigger a break out above some near-term overheard resistance at $618 to $620.25 a share with high-volume. Look for a sustained move or close above those levels with volume that registers near or above its three-month average action of 19.1 million shares. If we get that action soon, then AAPL has a great chance of re-testing and possibly taking out its all-time high of $644 a share. One could look to buy AAPL off weakness and simply anticipate the breakout with a stop just below today's low of $599.65 a share. A better way to play this trade is to simply buy off strength once AAPL takes out $618 to $620.25 with decent volume, and then use a stop just below those key breakout levels. Either way, this stock will be in play if it can manage to hold a trend above those breakout levels with decent volume.