As dicussed here last night and in Tuesday's watch list, I was expecting a bounce from AAPL if it held its long-term trendline on a closing basis which it did yesterday. I placed a buy limit order at $59.50 on my way to work. Unfortunately, it did not get filled so I had to chase it. I managed to get in at $59.87. I sold 50% after a 2+ pt. gain and I am swinging the balance with a stop just under $61.50 and a target of $63.50 - $64.00.
I decided to sell AKAM into the close at $32.00 even though the target of $32.40 was not met. The extra $0.40 was not worth the risk of a pullback into the original trendline.
No comments:
Post a Comment