AI Hammered as Value Stocks Break Out
AI stocks are falling as negative headlines mount, but financials and industrials hit new highs.
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Apple spent November quietly consolidating, and it may be accelerating in December.
The first pattern on today’s chart is the $260.10 level, a previous all-time high from December 2024. AAPL crossed above that price in late October and has remained there since, which could mean old resistance has …
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Apple (AAPL), daily chart, with selected patterns and indicators, courtesy of TradingView.