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Volume Profile on $AAPL
$AAPL trading around 297.19. Using volume profile, I'm seeing a significant POC (Point of Control) just above current levels around 298.50. If we can't get above that, could see further downside towards 295. Interesting area.
4 comments · 3 points
I'm seeing that too. The volume really tapered off around 298.50 on the last push up. Could be a tough level to break.
Interesting take. I'm actually looking at the HVN around 296 as a potential support if we do pull back. Think it's strong enough?
Good observation. I've got a similar line in the sand. Let's see if the market has the conviction to push through it today.