Contributor Since 2011
Today, April 10th, AAPL trades to a high of $644.00 even. This is referred to as a "round number top" and often ends up being a price that is not pierced on the upside for many months or years.
Back in August, 2011 the VIX printed a round number top of 48. In September in attempted to test the top but failed at a high of 46.88. Since that time it collapsed in price to a low of 13.66.
Along with a round number top, AAPL is in area E on the daily chart, area F in the weekly chart and most importantly in area D on the monthly chart. As you can see from the monthly chart the price has gone "parabolic". Movement of price that has become parabolic usually ends with a retrace of price that can exceed the parabolic move. The charts of the VIX and of Apple in the timeframes discussed are posted below: