It's definitely a strong and steady growth over the past days. I think that the real result will be when AAPL will be above $120.
HFTAlert @HFTAlert 1h1 hour ago at 12:33, the $AAPL MP Accumulator picked up a huge down spike... at 1:01+ the news hit the wires..someone knew.
This is not a time to doubt AAPL. First, look at the upcoming earnings and only then make right conclusions.
Year - Average Daily Volume 2016 -42,785 K 2015 -50,428 K 2014 -61,443 K 2013 -101,609 K 2012 -131,964 K 2011 -123,075 K 2010 -149,826 K 2009 -142,117 K 2008 -282,590 K 2007 -246,012 K 2006 -2-14,840 K 2005 -1-80,953 K 2004 -120,835 K 2003 -70,665 K 2002 -76,403 K 2001 -95,421 K 2000 -119,347 K 1999 -136,015 K 1998 -114,280 K 1997 -7-1,110 K 1996 -52,357 K 1995 -73,677 K 1994 -56,702 K 1993 -55,784 K 1992 -40,490 K 1991 -56,668 K 1990 -43,875 K 1989 -50,502 K 1988 -40,803 K 1987 -59,063 K 1986 -52,691 K 1985 -44,954 K Source: http://www.marketvolume.com/stocks/averagevolume.asp?s=AAPL&t=apple The average daily vpolume on the AAPL dropped from 140 M shares per day to 40 M shares per day. Such low average daily volume on the AAPL last time was seen in 1992. the only explanaion I see is that many institutional traders lost interest in the Apple - they are fully loaded with this stocks and they are not willing to have more of it. I do not think that AAPL may go strongly up without "big money investors". On the other hand, during the recent correction the AAPL lost 31.6% and it does not looks like it scared the long-term institutional investors. There were only 4 trading sessions where AAPL daily volume was above 100 M per day: August 21,24,25 of 2015 and January 28 of 2016 - it looks more like the "big money" were buying from those who was in panic on these days and they pushed the AAPL up. You may notice that all these four trading days were excelent days to buy this stock No matter what the earning reports are there is not a lot of space for AAPL to move up unless instutional ivestors jump in and help to lift this stocks. And it looks like institutionl investors are not willing to jump in unless the AAPL drops strongly. My personal opinion is to buy AAPL when it drops and when daily volume run over 150 M shares.