It started on April 29.
Apple Inc. AAPL reported better than expected earnings, but the stock sold off. It has been trending lower since and other big tech stocks have followed along. The sell-offs for some may be ready to end, at least temporarily.
Apple's stock may find support around the $120 level. It was support in March, and sometimes support levels can remain intact for a long time.
See also: How To Buy Apple Stock
Alphabet Inc. GOOGL may find support around $2,120. Levels that had previously been resistance can become support levels. That could happen here.
Facebook, Inc. FB recently found support at the $298 level. There’s a good chance that it happens again.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.