AAPL -3% On Way To New "Generational Low"?
We warned last night of the spike in average trade size yesterday in AAPL's trading - just as we also saw on 9/21 - and the fading VWAP ramps; and today we see AAPL -3% (-6.7% from its highs on Monday) as volume picks up and the renaissance appears to be ending. WWJTD?
Short-term AAPL is down 3% today and -6.7% from Monday's highs - having
And broken back below its 250DMA on heavy volume ($556.60 seems a line in the sand for the close)
and we are testing a key VWAP level...
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