Appl is retesting its one of its crucial price support line now. If it cant hold, it will break down to new lows. Let's see if it can remain a resilient stock in a bear market.
I guess one would hold, cut loss or profittake if things worsen as it depends on one's own trading style.
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Red__Bull
:
Good call. The past few days have been one of the rare times AAPL hovers at at a price level while the rest of the market swings. I'm long on APPL, numerous lots @various strike prices, 10+ yrs. But may take a downside opportunity to sell some of the oldest and lowest strike prices, then re-buy after 30 days+ to adjust cost basis for future year tax advantage.
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Red__Bull : Good call. The past few days have been one of the rare times AAPL hovers at at a price level while the rest of the market swings. I'm long on APPL, numerous lots @various strike prices, 10+ yrs. But may take a downside opportunity to sell some of the oldest and lowest strike prices, then re-buy after 30 days+ to adjust cost basis for future year tax advantage.