Stocks are beginning to show some fatigue and investors should take notice.
Especially when market leaders start to trade heavy.
Case in point today is Apple (AAPL) which has struggled with the $200 price resistance level and trades a bit heavy.
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$AAPL Apple “daily” Stock Price Chart
As you can see, Apple (AAPL) has not made new highs while the Nasdaq has. And AAPL has struggled with the $200 level, this time not even making it to that point. Could this market leader be signaling forthcoming weakness? Stay tuned.
Twitter: @andrewnyquist
The author may have a position in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.
