One inch away from $2T, then back down

Daniel Martins

Do you pay attention to resistance levels? If so, check this out:

Last Thursday, Apple shares traded at $457.14 per share at 3:15 pm EST. At that point, and assuming last quarter's diluted share count, Apple's stock was worth $1.99 trillion. From that intraday peak, shares dipped, tried to recover, failed, and ended the Tuesday session at $1.91 trillion.

So, the race to $2 trillion continues.


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