VWAP Apple

Last week we were watching the vwappl (dumb I know) “since the event”. The event, of course, was the run to new highs and then the strong intraday pullback. The volume weighted average price (vwap) since that event is now found at approx 506, which means the average long in the stock is up by about 9 points. The vwap from the event will likely continue to be important so I would keep a close eye on it. For now, buyers remain in control of the trends in $AAPL