Shares of mega-capitalization companies Apple Inc. AAPL, -1.17% , Amazon.com Inc. AMZN, -2.28% and Tesla Inc. AMZN, -2.28% are all falling toward losing streaks of at least five sessions, enough to push them below their respective 50-day moving averages (50-DMA) for the first time in nearly two months. Many chart watchers on Wall Street view the 50-DMA as a short-term trend tracker.
Apple, Tesla and Amazon stocks in danger of 1st closes below 50-DMAs in nearly 2 months