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These posts were published on ZYX Buy Change Alert.
On November 26, 2013, the following alert was posted:
A SHORT-TERM TRADE ON APPLE
This trade is separate and distinct from the long-term position in Apple.
AAPL is breaking out of heavy technical resistance in the zone of $530 to $535. Many such breakouts are false breakouts, therefore there is a reason to be cautious. However, bulls are floating all kinds of rumors about AAPL sales for the holidays, such rumors, at least today, are propelling the stock higher. The buy zone is $511 to $536. First target zone is $575 to $585 then $600 to $625. Stop zone is $488 to $494, most investors would be better off trading without a stop and reducing the quantity to control risk.
Conservative investors may limit the quantity to 30% of the full core position size. Aggressive investors should determine the quantity based on their own risk preference and their decision to use stops.
On December 4, 2013, the following alert was posted:
TAKE PARTIAL PROFITS ON APPLE SHORT-TERM TRADE
There are over $30 in profits on the AAPL short-term trade entered six days ago on November 28th. Consider taking partial profits in the zone of $564 to $570. The quantity on which profits should be taken will depend upon the quantity being held. From emails, subscribers are holding anywhere from 10% to 100% of the full core position size. Those holding a large quantity may consider realizing profits on one-quarter to one-half of the position right here.
Continue to hold the long-term AAPL position as that is separate and distinct from this short-term AAPL trade.
(Note: Only those trades that are posted in real time on the blog and time stamped by Google are included in the performance.)
