New York, March 16th (TradersHuddle.com) - IBM (NYSE:IBM), the IT solutions and consulting services provider is trading at 155.57, which represents -2.17% versus its previous trading session close,adding downward pressure to technology shares, with the Technology Select Sector Spider (NYSE:XLK) trading -0.96% from its previous trading session close.
Technology shares trading flat with the S&P500, which is trading lower by -0.96%.
Among the computer hardware makers, IBM was the worst performer in the Computer Hardware Index (NYSE:^HWI), which is trading lower by 0.31%. The index is having a mixed day with slight upside bias with 5 index components trading higher.
Apple (NASDAQ:AAPL), is a worst performer as well. The maker of iPhones and iPads is trading at $338.17 representing -2.1% Versus the previous trading session. Shares of Apple have defined support at $159.02 and resistance at $159.02.
Relative strength in the Computer Hardware Index is being felt in Seagate (NASDAQ:STX), which is the top performer in the session, with the stock trading at $13.27 representing 2% versus the previous trading session. Shares of Seagate, the maker of hard drives and storage solutions have defined support at $12.26 and resistance at $14.19.
The other top performer is NetApp (NASDAQ:NTAP), which is trading at $47.32 representing 1.72% from its previous close. NetApp, the storage and data management solutions provider has calculated support and resistance levels at $46.57 and $52.83 respectively.
Technology shares trading flat with the S&P500, which is trading lower by -0.96%.
Among the computer hardware makers, IBM was the worst performer in the Computer Hardware Index (NYSE:^HWI), which is trading lower by 0.31%. The index is having a mixed day with slight upside bias with 5 index components trading higher.
Apple (NASDAQ:AAPL), is a worst performer as well. The maker of iPhones and iPads is trading at $338.17 representing -2.1% Versus the previous trading session. Shares of Apple have defined support at $159.02 and resistance at $159.02.
Relative strength in the Computer Hardware Index is being felt in Seagate (NASDAQ:STX), which is the top performer in the session, with the stock trading at $13.27 representing 2% versus the previous trading session. Shares of Seagate, the maker of hard drives and storage solutions have defined support at $12.26 and resistance at $14.19.
The other top performer is NetApp (NASDAQ:NTAP), which is trading at $47.32 representing 1.72% from its previous close. NetApp, the storage and data management solutions provider has calculated support and resistance levels at $46.57 and $52.83 respectively.
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