Pair trades are a great way to view relative performance (strength) of a potential stock vs a sector or index. Apple is in danger of breaking below "par" - signaling a potential death spiral vs the index. Risk reward isn't there to justify long AAPL. SELL
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.