$Apple(AAPL.US)
Despite reporting record Q3 revenue and EPS, shares continue to sell off — the market is pricing in conservative Q4 guidance rather than celebrating the beat. At ~34x forward earnings, the valuation leaves minimal room for error, and net institutional outflows of -\$88.75M signal caution. Volume ratio at 0.77 suggests below-average participation, while the 52-week high of \$344.27 now sits 12% overhead as resistance.
Whether the -8.9% pullback finds support near \$300 or if guidance concerns push it lower toward the \$280–290 zone.
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