Clues were out there, but the news certainly took most by surprise.
Here's why I favor one for technical and fundamental reasons.
We have new price targets.
Here's our strategy based on potentially impressive upside for the shares.
With Apple use the stock's 'thin green line' as a guide.
While support levels have been building and the number of new lows is declining, there is no sustained momentum outside a few big-cap tech stocks.
An orderly move lower in the near term would be a trading prerequisite, but a sharp drop probably would scare me off.
Let's take a look at the indicators -- and how they haven't changed -- as well as the overbought reading and why Wall Street has a supply chain problem of sorts.
Despite the intraday reversal in Apple, Microsoft, Alphabet, Amazon, and Tesla, all helped the Nasdaq 100 outperform the other indexes as the small caps disappointed.
Here's how DDOG is emerging from a base formation.