Key Technical Inflection Points Are Forming in $AAPL $MSFT $JPM
While broader indices remain volatile, these three megacaps are reaching critical technical levels.
Overbought conditions in $AAPL$, extreme oversold signals in $MSFT$, and relative strength in $JPM$ highlight how stock selection is driving returns in a fragmented market.
1. $Apple(AAPL)$
The conditions that triggered the latest sell-off are in place once again: the upper Bollinger Band has been breached and the oscillator is overbought.
The conviction of this rally will be tested; usually, this combination leads to a consolidation or pullback.
2. $Microsoft(MSFT)$
It has been a dramatic selloff since the breach of the upper Bollinger Band in October. The last time the price was this oversold, we saw a "dead cat bounce" result in a quick +8% jump.
3. $JPMorgan Chase(JPM)$
I’ve highlighted the strength of individual names while indices remain choppy. My approach focuses on megacaps with solid fundamentals, reliable setups, and high volume.
$JPM was a high-probability pick last week. While the $NASDAQ 100(NDX)$ has fallen -1.55% and the $S&P 500(.SPX)$ lost -0.84%, JPM gained 3%, hitting my $314 Weekly Compass target exactly. 🎯
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