pitachio7712

Volume Analysis

NASDAQ:AAPL   Apple Inc
My Good friend John J. Murphy once told me that trading volume precedes price action. Yes Apple Stock is uncharted territory, but trading volume is waning. we can see that in how price action is diverging from the OBV. While the OBV is printing a lower high Price has gone on to make a new high. More layoffs and cost reduction could push stock prices higher. we're all at the mercy of Tim Cook now.
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