Just looking at the chart of AAPL (a stock that I have a short exposure in the Short-Trading Portfolio), the stock has broken the near-term support levels at around $421 per shares and is now falling, on volume.
Here is the chart through today's day...
The next support level is in or around the $360 to $375 level price range or about a 6% to 10% decline from the currently trading price. Considering the trading setup, I would think the lower trading range is now in play.
Here is the chart through today's day...
The next support level is in or around the $360 to $375 level price range or about a 6% to 10% decline from the currently trading price. Considering the trading setup, I would think the lower trading range is now in play.
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