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Chart of the Day: APP Not in SPX

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Manage episode 487776540 series 3645668
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

AppLovin (APP) was not among the stocks to join the S&P 500 (SPX) in the index's latest rebalancing. Rachel Dashiell joins the show to provide the technical analysis perspective on APP. On the 1-year chart she looks at the $430 level of resistance, but also says the number of red candles near the stock's all-time high could signal "more supply" than demand at those levels.

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5281 episodes

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Manage episode 487776540 series 3645668
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

AppLovin (APP) was not among the stocks to join the S&P 500 (SPX) in the index's latest rebalancing. Rachel Dashiell joins the show to provide the technical analysis perspective on APP. On the 1-year chart she looks at the $430 level of resistance, but also says the number of red candles near the stock's all-time high could signal "more supply" than demand at those levels.

======== Schwab Network ========

Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7

Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch

Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore

Watch on DistroTV - https://www.distro.tv/live/schwab-network/

Follow us on X – https://twitter.com/schwabnetwork

Follow us on Facebook – https://www.facebook.com/schwabnetwork

Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/

About Schwab Network - https://schwabnetwork.com/about

  continue reading

5281 episodes

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