SamSuka
The Long Investor
The Long Investor

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$AAPL TOP 20

$AAPL has hit our Wave A level this week on the 0.38 Fib, so we must consider that the ABC correction is on the cards here.

The good news is that I expect a bounce here for Wave B and a retest of the 200 Day MA at $227 or the blue line at $237 is a possibility next.

An rejections at these levels and those who hold a position here should consider trimming in order to add again when Wave C completes in the Buy Zone.

No rejection at $237 then continue to hold and we'll see if the Melt Up level can play out.

Trimming at Wave 5 complete or Wave B complete is the same for me and I would trim -50% of my position.

$AAPL TOP 20

Comments

I know. I was just saying I appreciate the specific callout on this commentary!

Scott Williams

I do plan to trim this one when the time comes

ACE

No profits. I do have a specific lesson on this in the Learning Centre

Gareth Neary

Love the commentary and the specific callout on trimming “position” as I know there was some confusion recently with “position vs profit trim” Thanks Cap!

Scott Williams


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