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Aug 12 at 08:07 AM
$Apple(AAPL.US)
Apple has retreated a bit since its ATH on 29th July which (no surprises here!) was also the day high beta tech ‘bottomed’.
I had mentioned how Apple being defensive tech and a huge market cap made it convenient for funds to ‘park’ their capital while waiting for high beta tech to bottomed. Some of that money has rotated into high beta tech again it seems and as momentum picks up, it looks like high beta tech is just starting its engine again after a good rest.
@Captain's Treasure
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