Friday, February 3, 2012

AAPL

AAPL which is uncharacteristically underperforming the NASDAQ 100, just saw a pretty large break in volume.
 The most recent volume spike is in the area as an earlier spike, almost exactly. This is likely not smart money moving around a position so much as sending a signal to traders.

The charts below show AAPL has been negative throughout the day.

 1 min

 2 min

5 min

I would expect some downside movement as we move toward the close.

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