Chart Wars: Does Apple or Amazon Stock Have a Stronger Bull Flag?

Chart Wars: Does Apple or Amazon Stock Have a Stronger Bull Flag?
The Amazon logo on the opening day of a new distribution center in Augny, near Metz, eastern France, on Sept. 23, 2021. Sebastien Bozon/AFP via Getty Images
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Apple Inc. and Amazon.com Inc. opened slightly lower in the premarket on Thursday, in sympathy with the SPDR S&P 500, which opened down about 0.5 percent.

The two tech giants hold the first and third spot in terms of the SPY’s weightings, with Apple weighted at 6.7 percent and Amazon weighted at 2.91 percent.