$Apple(AAPL)$ It’s been a bit

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$Apple(AAPL)$ It’s been a bit of a grind for Apple lately, stuck in that narrow trading range, lagging behind the other Mag 7 stocks. The $200 level is holding up as solid support, but it keeps running into resistance around $193. Two days in a row now it’s been rejected right at that breakout point, which definitely raises some red flags. There’s potential we could see it test the bottom again before making any big moves. It’s frustrating for sure, but it’s not uncommon for stocks to go through these consolidation phases before breaking out. Time will tell

# Mag 7 Earnings Wrap-up: Is AI Boom Still Driving the Market?

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VivianChua
·06-08
Nice 💚💚💚
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Among the Magnificent 7, 3 names rallied after their reports, while Tesla, Amazon and Apple stumbled.\nAs earnings wrap up, one question remains: did this quarter reaffirm your faith in Big Tech? Who surprise you the most? Is AI boom still the best theme in stock market?","image":"https://community-static.tradeup.com/news/480b40082de1e53791b1c787e8ef29f5"}],"images":[],"coverImages":[],"html":"<html><head></head><body><p> <a data-mention-id=\"AAPL\" class=\"teditor-mention\" data-mention-name=\"Apple\" href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a> <v-v data-views=\"1\"></v-v> It’s been a bit of a grind for Apple lately, stuck in that narrow trading range, lagging behind the other Mag 7 stocks. The $200 level is holding up as solid support, but it keeps running into resistance around $193. Two days in a row now it’s been rejected right at that breakout point, which definitely raises some red flags. There’s potential we could see it test the bottom again before making any big moves. It’s frustrating for sure, but it’s not uncommon for stocks to go through these consolidation phases before breaking out. Time will tell </p></body></html>","htmlText":"<html><head></head><body><p> <a data-mention-id=\"AAPL\" class=\"teditor-mention\" data-mention-name=\"Apple\" href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a> <v-v data-views=\"1\"></v-v> It’s been a bit of a grind for Apple lately, stuck in that narrow trading range, lagging behind the other Mag 7 stocks. The $200 level is holding up as solid support, but it keeps running into resistance around $193. Two days in a row now it’s been rejected right at that breakout point, which definitely raises some red flags. There’s potential we could see it test the bottom again before making any big moves. It’s frustrating for sure, but it’s not uncommon for stocks to go through these consolidation phases before breaking out. Time will tell </p></body></html>","text":"$Apple(AAPL)$ It’s been a bit of a grind for Apple lately, stuck in that narrow trading range, lagging behind the other Mag 7 stocks. The $200 level is holding up as solid support, but it keeps running into resistance around $193. Two days in a row now it’s been rejected right at that breakout point, which definitely raises some red flags. There’s potential we could see it test the bottom again before making any big moves. It’s frustrating for sure, but it’s not uncommon for stocks to go through these consolidation phases before breaking out. 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