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Intraday Look and Analysis: Q’s Try to Get off Apple’s Island

As large a portion as Apple comprises of the QQQ ETF, we can see on the 30-minute timeframe below that many other tech stocks are indeed performing well as Apple meanders not far from recent lows. I’d look for a move through $67.35 to trigger another leg higher. ‘

Breadth is a weapon of the bull, and they will need other stocks like Facebook to keep stepping up if prior leaders struggle.


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