Comments on: Stock Market & Magnificent 7 Analysis 9-27-23 https://rightsideofthechart.com/stock-market-magnificent-7-analysis-9-27-23/ Stock Trading, Investing & Market Analysis Wed, 27 Sep 2023 18:24:57 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: rsotc https://rightsideofthechart.com/stock-market-magnificent-7-analysis-9-27-23/#comment-29360 Wed, 27 Sep 2023 18:24:57 +0000 https://rightsideofthechart.com/?p=212431#comment-29360 In reply to budgetny.

QQQ is slightly below the Aug 18th reaction low support, AAPL is slightly below the 170.50ish support but neither by a large margin & there is still just over 1.5 hrs in the trading session so my guess is a rally into the close today to fade the drop, largely driven by short-covering in front of tmrw’s GDP & Jobless Claims. Of course, that’s the active trader in me trying to game the minor zigs & zags but if that proves to be the case, AAPL & QQQ would close back on or around those support level. Plus, several other big tech stocks such as GOOGL & NVDA are still holding above support.

Regardless of today’s close, things can easily change after those two big economic reports tmrw am.

]]> By: budgetny https://rightsideofthechart.com/stock-market-magnificent-7-analysis-9-27-23/#comment-29359 Wed, 27 Sep 2023 16:41:08 +0000 https://rightsideofthechart.com/?p=212431#comment-29359 Randy, we have broken support since this video. Any lower short term price targets?

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