MaBaCapital2

Apple investment update

Long
NASDAQ:AAPL   Apple Inc
Okay so when we are looking to the investment that we made in Apple we are still in some good profit and the stock is down a little but is overall it really is not that bad. When we have a look at the price we are now and the all time high we can see that we are only down about 14%. There is a little support zone we have between 157 and 150. As long as we stay above that zone we are good and there is not really a thing we need to be concerned about.
I won’t be looking into buying more at the point because we are up good and this price is not really interesting for me to buy more. If you are looking for a point to buy I would suggest you to have a look at the support zone and see if we get a touch there how the price is going to react. If we see a good sign of a reversal at the support then you could be looking to buy more.

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Comment:
Update:
Okay so we can now see that as most of the market was down this stock also went down. We do see that the support zone we have around the 138 level is being respected so that is a good thing. For now I am just going to wait and see what the next week will bring us.
I will update this idea when I feel like it is needed.
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