APPLE stock forum
Most major tech stocks fell on Wall Street amid heavy selling and pressure from trade war concerns and threats to the Federal Reserve's independence.
Tesla and Alphabet shares, in particular, fell today as markets closely watched the release of their quarterly earnings results over the past few days.
Trump renewed his criticism of Federal Reserve Chairman Jerome Powell and other central bankers, calling on them to lower interest rates, which has raised concerns about the Fed's independence being undermined.
Trump also added that firing Jerome Powell could take longer, while White House economic advisor Kevin Hassett confirmed that the president and his team are considering whether or not firing Powell is an option.
Resistance Zone: $176.83 - $179.40
This level may experience selling pressure, potentially leading to a price rejection.
Support Zone: $170.94 - $161.72
A Volume Imbalance area is present, indicating potential buying interest and support.
Trading Strategy:
Exercise caution when trading around these levels, as they may significantly influence price movement. A thorough analysis of market conditions and risk management strategies is recommended.


Tariff escalation or a manufacturing crisis
Weak quarterly results
iPhone demand slowdown globally
Tech sector-wide sell-off or recession fears