AAPL FOLLOW UP

By the time I got out the last AAPL post, the target I had in mind had already been hit, but didn't create much in the way of demand, although the psychological level of $102 obviously had some limit/breakout orders sitting right there...

Note the 12:58 p.m. breach of the psychological magnet of $102 (whole numbers attract our minds and thus stops/limit orders). Volume surged a bit on the break of $102, not so much at new high territory, but this is what smart money is looking for in these set ups. As I've posted before from some 13-Fs, a billion dollar position is pretty average for a lot of funds, but they do take a different finesse to move in to or out of, very unlike what we are use to.

In any case, no significant 3C developments since the breakout.