A Bad 3 Weeks For Apple

May 2, 2012 12:44 am

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Hickey and Walters (Bespoke) submit:

It certainly hasn’t been a good three weeks for shares of Apple (AAPL). Besides last Wednesday (4/25) when the stock spiked on earnings, it has been pretty much straight down for the stock since its high on April 10th.



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One interesting trend that has developed regarding AAPL is the fact that over the last fifteen trading days, there have only been two days where the stock’s daily high has exceeded the high from the prior day. Going back to 2000, this is tied for the lowest number of occurrences over a fifteen day period. What makes this low reading even more amazing is the fact that as

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