AAPL showing relative weakness

jfsrevg
06-12

$Apple(AAPL)$ showing relative weakness despite being mega liquid of tech, arguably the weakest name in the most extended sector. $Direxion Daily AAPL Bear 1X Shares(AAPD)$

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Hasn’t managed a bounce above the declining 50-MA in 4 months. I am currently trying to further expand a short-focused watchlist, if there isn't any meaningful market pullback.

Below are the strongest to weakest Liquid 16 based on 1-month RS today.

$Palantir Technologies Inc.(PLTR)$ $Alphabet(GOOGL)$ $Robinhood(HOOD)$ $Advanced Micro Devices(AMD)$ $Microsoft(MSFT)$ $NVIDIA(NVDA)$ $Meta Platforms, Inc.(META)$ $Amazon.com(AMZN)$ $SUPER MICRO COMPUTER INC(SMCI)$ $AppLovin Corporation(APP)$ $Netflix(NFLX)$ $Strategy(MSTR)$ $Coinbase Global, Inc.(COIN)$ $Tesla Motors(TSLA)$ $Alibaba(BABA)$ $Apple(AAPL)$

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