Apple Stock Price Levels to Watch as Buffett’s Berkshire Continues Cutting Stake
Key Takeaways
- Apple shares are in the spotlight Monday following news that Berkshire Hathaway once again trimmed its stake in the tech giant.
- The stock traded within an ascending triangle between July and October before breaking down below the pattern’s lower trendline late last month.
- Investors should watch important support levels on Apple’s chart around $218, $198, and $181, while monitoring key overhead areas near $233 and $270.
Apple (AAPL) shares are in the spotlight Monday following news over the weekend that Warren Buffett’s Berkshire Hathaway (BRK.A; BRK.B) has continued trimming its stake in the tech giant.
Last week, Apple shares came under pressure after the company provided soft current-quarter revenue guidance,…
