Watching $AAPL to break above the 26-week MA at $231 for a bullish pivot. Support is $220 (06/10/24 high + 40-week MA). A break below $220 = bearish. Expect range-bound trading between $220-$231 until a breakout occurs. Shared on Power Lunch 01/17/25. ๐ #AAPL#StockMarket
$AMZN โ not a threat to $NVDA; itโs a threat to $MSFT
The additional $4 billion investment ($8 billion total) in Anthropic positions Amazon ($AMZN) to take a leading role in the AI race. In my view, Claude is the only real contender to rival ChatGPT, though it lacks ChatGPTโs
$META pullback expected!
Meta is in a bullish trading cycle and has reached the 161.8% Fib extension level based on the Oct 2022 lows and Feb 2024 consolidation pattern. This is in tandem with 2 standard deviations as depicted by Bollinger Bands. This continuous pattern
