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Home > "No Brainer" AAPL Enters Correction, Down 12% From Recent Highs To 6-Month Lows

"No Brainer" AAPL Enters Correction, Down 12% From Recent Highs To 6-Month Lows

By Tyler Durden
Created 08/03/2015 - 12:00
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 08/03/2015 12:00 -0500



 

Having broken its 200DMA earlier this morning, [3] selling pressure has continued in the "as goes AAPL, so goes the US economy market" stock. Now down almost 12% from earnings exuberance, AAPL is in correction territory and is trading at six-month lows...

 

[4]

 

Paging Carl Icahn...

 

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Source URL: http://www.zerohedge.com/news/2015-08-03/no-brainer-aapl-enters-correction-down-12-recent-highs-6-month-lows

Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/7928
[3] http://www.zerohedge.com/news/2015-08-03/aapl-stock-tests-key-technical-level-first-time-2013
[4] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/08/20150803_aapl1.png