Apple

[rktect1]

I sold 1775 shares of aapl on December 18 at $127

I bought 1840 shares back on December 21 at $123.50

Im hoping to reach a total of 4000 shares by selling and buying it back

 

[bmneveu]

I sold 1775 shares of aapl on December 18 at $127

I bought 1840 shares back on December 21 at $123.50

Im hoping to reach a total of 4000 shares by selling and buying it back

Are you using certain technical indicators to target buy and sell points? Curious to see how you are timing your trades with that much money! Congrats too.

 

[rktect1]

Are you using certain technical indicators to target buy and sell points? Curious to see how you are timing your trades with that much money! Congrats too.

I am just trying to pay attention. I’m a believer in Apple. I check up on analysts ratings, technical reports, news cycles and of course product releases. And then I set a stop order. Or adjust a stop order upwards when I need to. But truth be told I am playing around with too much money.. unfortunately it’s the only way to create new shares for me so I sell a large portion and hope to buy it back with a four, five, ten dollar difference. This last time I bought back after about a three dollar drop but I knew the Xmas rally was still out there plus the stimulus. So far over the past 3 years I have only bought back in for a loss one time.

 

[rktect1]

Re: Apple Guides Lower - Futures Drop

Well, one of my stops hit at $135.99. 1000 shares gone. Hope this plays out except my next stop is at $135.49.

 

[Bullitt]

Re: Apple Guides Lower - Futures Drop

If you're a believer in Apple, then why not just let it ride?

 

[rktect1]

Re: Apple Guides Lower - Futures Drop

If you're a believer in Apple, then why not just let it ride?

If it were a straight line up, I would.

 

[rktect1]

I got nervous today and placed a buy order for 1870 shares at $133.50 and it triggered. So, I missed a $4200 drop for my 1840 shares that I sold off and using the same money got 30 new shares of apple.

Tomorrow is another day.

 

[rktect1]

I knew that was the wrong thing to do at $133.50. Patience is something I am still working on.

 

[Bullitt]

ST, Bull flag still looks intact.

 

[tsptalk]

Bought some Apple this morning. They hardly budged with this morning sell off in the indices, and they report after the bell. Recent breakout. "Mental stop" below the open gap near 130, but I doubt I'd let it get that far.

Status Filled at $142.585
Total Price Improvement $0.22
Symbol AAPL
Description APPLE INC COM USD0.00001
Action Buy

 

[Bullitt]

A bit of post earnings depression but set to open right at those late December highs so no damage here.

 

[Bullitt]

I don't own or plan to own AAPL shares, but right now it is sitting on a very good buy point at 139.60.

 

[tsptalk]

Bought some Apple this morning. They hardly budged with this morning sell off in the indices, and they report after the bell. Recent breakout. "Mental stop" below the open gap near 130, but I doubt I'd let it get that far.

Status Filled at $142.585

I sold Apple this morning for a modest loss (136.67). Expecting breakouts from nice looking charts after both Apple and Amazon blew out earnings, they have both instead drifted lower. I have some alerts set up to let me know when they move back above resistance because I hate to tie up my money is stocks that are doing little, or not moving up on positive news. Both look like they are primed to move higher, but apparently they want to continue to consolidate. If I see 140 on AAPL or 3400 on AMZN, I'll get interested again.

 

[bmneveu]

I've been following both of those exact resistance lines as well. Both of these stocks would be buys imo if they can close two candlesticks over those ceilings.

 

[Bullitt]

Beloved Apple, H&S break with downside to 105 or so. My previous post indicating that it was sitting on a buy point turned out to be wrong.

 

[Bullitt]

Bearish move could be over in AAPL even though target price was not met. Looks to be trying to carve out an inverse H&S here along with Nasdaq 100.

 

[Bullitt]

Watching AAPL here for indications of a Nasdaq continuation rally. If rising yields are bad for tech, does that mean another pullback in yields is coming if Nasdaq goes higher?

 

[Bullitt]

Cathie Wood's funds have sold almost completely out of AAPL and bought more COIN.

 

[tsptalk]

Interesting. AAPL just bounced off the 200-day MA. At least wait for it to break down, no?

 

[Bullitt]

Agree. I would think AAPL would be one of the cornerstones of any tech focused fund.

Insider selling in COIN was heavy in April, and may have dried up, but fees are too damn high at coinbase, and that's where they make all their money. Fees + trading volume. What happens when other competition pops up and allows zero fee crypto transactions?

Also, those price targets a ways off for COIN and will surely be adjusted downward next correction. Bernstein at $250 but the rest are $325-$600.

https://finviz.com/quote.ashx?t=coin