The Long Investor
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$AAPL TOP 20
🕑 Added 2025-03-13 12:12:39 +0000 UTCThe two biggest companies in the world now $AAPL and $MSFT have been sending warning signals, $MSFT we know has been declining for nearly a year now and the market was able to absorb this decline and still push higher.....but now $AAPL has dropped from $259 to $216, out of the Bull Case, below the ascending triangle and below the 50 and 200 Day MA.
So this is weakness, there are no two ways to see this right now.
$AAPL will need to recapture its 200 Day MA at $224 to keep us from confirming a correction here.
I believe the market will retest its 200 Day MA and could come in today if PPI is cooler than expected and $AAPL could follow too.
If the market loses $AAPL, $MSFT and $NVDA together to their own corrections, it is difficult for the market to move back to all time highs again.
Comments
DC
Do I see a Head & Shoulders? Neckline crossed?
