Weekly Calls Attractive in Large-Cap Tech Under September VWAP
Apple (AAPL) shares setting up well for a quick break above VWAP from the September highs and run out of a multi-week base ahead of earnings on 10/28. AAPL has been basing at VWAP from the May lows and momentum showing signs of early inflection with MACD crossing over bullish and RSI breaking out ahead of price last week. AAPL has been trading in a well-defined range since July and nice target would be ahead of the top of value for the range at $148.50.