Apple's Trading Volume Is Exploding Today
Apple Shares Down to Lowest Level Since February
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Think technical analysis is irrelevant? Apple Inc. investors might beg to differ.
A day after falling through a line in a chart monitored by analysts, its 200-day moving average, Apple volume exploded Tuesday: more than 120 million shares were traded, the highest volume since January. The stock, which also entered a correction this week, fell for the 10th time in 11 days, losing 3.2 percent to $114.64, a six-month low.