Apple Inc. ($AAPL) stock has been closely watched as it tested the critical $180 level, with some analysts predicting a potential breakdown below this support. Traders have been monitoring levels around $173 and $165 for potential entry points. Despite underperforming the S&P 500, there are varying opinions on whether this presents a buying opportunity or a sign of further downside. The stock's breakdown is seen as accelerating, with support levels around $170 being closely watched for potential momentum to the downside.
$AAPL's breakdown continues to accelerate. There's reasonable support ~$170. If that cracks, momentum to the downside could build. https://t.co/uWUJBtWhGe
$aapl daily glance as the weekly is below https://t.co/fcvA68Wn6U https://t.co/Z2bq2TY4a8
$GOOGL is breaking down, a lot like $AAPL, though it seems to be finding some support at the 200-day moving average for now. https://t.co/qF1l9DiWBk