US100 has seen a lot of volatility lately and it’s down largely to these 2 key stocks – Apple and Tesla. Both have seen amazing rallies and both weigh a lot in the index.
There’s flurry of news surrounding these stocks pretty much every-day but technicals could play a more important role now that both stocks trade at very elevated multiples. Do notice that both stocks seat just at the lower bounds of very steep upwards channels. That’s a neat place to defend but should the price break lower it could drag the whole US100 down with it.
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Having said that, these 2 art to watch today.
