Beneath the surface of major equity indexes hitting lifetime highs, there is rot. You don’t have to look hard. I have gathered some charts to illustrate how well-known names have breached important levels of support yet have nothing holding them up.
Beneath the surface of major equity indexes hitting lifetime highs day after day, there is rot. You don’t have to look very hard for it, either. I have gathered up some charts below to illustrate how some very well-known names have breached important levels of support, and have pretty much nothing but air holding them up above $0.
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