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Benzinga
Benzinga
Business
Zaheer Anwari

Apple, Microsoft And Nvidia Shares Are All At Support: Will These Levels Hold Firm?

Apple Microsoft Nvidia

In my last Benzinga post which you can read here, I analyzed the S&P 500 in relation to the daily 200 simple moving average (SMA) and how I use it to give me a bias to price action. 

  • If the price confirms a bull trend above the daily 200sma, I have a bullish bias and look for long opportunities. 
  • If the price confirms a bear trend below the daily 200sma, I have a bearish bias and look to short the market. The last time I shorted the market was in 2008. Since then, I have built my portfolio around the strongest performing bullish stocks. 
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