Wednesday, May 12, 2021 1:37 PM EDT
Shares of Apple Inc (AAPL) are taking a beating with the rest of the market. The inflation bug has infested the stock market after an extremely high CPI number. Apple has fallen into a major support trend line. This is a make or break chart level for Apple. If it holds, Apple could bounce nicely in the next few weeks. If it breaks, Apple could see a massive decline to a target of $96.00. That is a 20% decline if the break occurs. Watch this chart level closely.
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