Amazon did well last year and stayed above the uptrend line
However, early this year price broke the uptrend line which then turned into resistance at the 3400 area
Now price is at very crucial triple bottom support, positive earnings can help price stay above the major support of 2700, A negative earning could force the price to dip below
Apple is on an uptrend since last year with some phenomenal returns
Since early this year apple is consolidating with the crucial support of $150
Apple will announce its quarterly earnings today.
A positive outcome will help apple to rally again, a negative will be a disaster and the price could break the potential support of 150
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