Consolidation | stockbee



Market is in consolidation mode after a V shaped bounce. While individual stocks like AAPL have had some trouble in last 3 days, rest of the market has held up well.

Special dividends being announced by stocks after stocks has provided support to many large caps.  Many stocks are rallying in anticipation of special dividends.

If more selling hits the market then it will be time to be worried, till then it is a pause with probability of higher price.

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