Got stopped out today. Friday's reversal and todays continuation shows there are a lot of weak hands in AAPL. Chart still looks good and in an upward trend but that trend could break below $440.
What on your 10 shares? Congratulations! You can now go celebrate at McDonalds. Look I could care less about a 1/2 percent gain. I'm looking for a big move on a breakout. Of course I think AAPL is going higher, but I stick to my system and it works just fine. Looks like we'll all be making money and that's the point, except of course for the stubborn shorts that won't give up.
So that makes you a smart amateur? You're getting all emotional about it. You need to leave your emotions at the door if you want to be a successful investor. I'll wait for breakouts like the one in FB today while you try "anticipate" when the stock will move up. Once AAPL breaks out, I'll be there as well. In today's market as with any market , it's better to go with the trend than trying to guess when the next move will occur. To have a well defined entry and exit strategy based on data, not just hope. If you're an investor then it's probably a good price to get in. I'm a trader so I don't buy until stocks breakout. AAPL has not been above $451.11 in eleven trading sessions. That means that a break above is positive, not negative, but if it can't break above that level, then that's obviously negative not positive. You might learn a thing or two by actually looking at the chart instead of just picking a price because it feels right!