August 31, 2020

APPLE: NO SMART MONEY BUYING POST SPLIT $AAPL

APPLE: NO SMART MONEY BUYING POST SPLIT $AAPL

This post was just published on ZYX Buy Change Alert.

Signal(s) to enter, add, reduce, exit, hold or change.

AAPL is now trading four for one post split.  The stock is up $3.60  trading at $128.41 as of this writing.   On post split basis, the original position is now from $4.68.  For long time subscribers, AAPL is now the largest position in the Model Portfolio.

Smart Money

Of note is that so far today post split, there is no smart money buying in AAPL.  It is 100% momo crowd buying.

Three points that are especially noteworthy:

  • Apple CEO Tim Cook sold stock going into the split.
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TIME TO BOOK MORE PROFITS IN THIS ECOMMERCE SOFTWARE STOCK BIGCOMMERCE BUT DO NOT SHORT SELL $BIGC

TIME TO BOOK MORE PROFITS IN THIS ECOMMERCE SOFTWARE STOCK BIGCOMMERCE BUT DO NOT SHORT SELL $BIGC

This post was just published on ZYX Buy Change Alert.

Large partial profits have already been booked in BigCommerce  (BIGC) stock and there are still large unrealized profits. It is time to book more partial profits.  Consider taking more partial profits on a 10% tranche in the zone of $104 to $117.43.  BIGC is trading at $110.4 as of this writing.  Keep in mind that BIGC trades in a wide range.

After this 10% partial profit taking, 30% of full core position will remain.

 

A knowledgeable investor would have turned $100,000 into over $1,000,000 with the help from The Arora Report.Please click here or the title below to read more.

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