$U - RC -
Added 2024-05-20 15:17:15 +0000 UTC$U has been struggling since $AAPL's sales have declined and the lack of attention towards $AAPL's overpriced VR headset.
It has pulled back all the way to the blue line which was the 2022 low at $21.
$U needs to hold here or things become difficult for $U and can drop hard.
A hold here and we could see a recovery, a lot will depend on $AAPL......but if there is one horse you want to be tied to, $AAPL is probably the best company to be with.
If you are considering a position, wait for support to be confirmed.
