I booked my profits in Apple today...a nice little 17% gain. The trade lasted about 2 months and I bought in at the $119.00 level. Here's today's chart with my entry and exit notations.Two things concern me with the Apple trade:
1. Everyone's in it, and
2. Volume has been shrinking.
I'm not saying Apple is about to tank, it could keep going up forever, but I'm not comfortable with it anymore. I might buy back into it after a nice dip or some bad news.
TLT
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