Apple investment updateOkay so when we are looking to the investment that we made in Apple we are still in some good profit and the stock is down a little but is overall it really is not that bad. When we have a look at the price we are now and the all time high we can see that we are only down about 14%. There is a little support zone we have between 157 and 150. As long as we stay above that zone we are good and there is not really a thing we need to be concerned about.
I won’t be looking into buying more at the point because we are up good and this price is not really interesting for me to buy more. If you are looking for a point to buy I would suggest you to have a look at the support zone and see if we get a touch there how the price is going to react. If we see a good sign of a reversal at the support then you could be looking to buy more.
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Mabacapital
S&P 500 could be interesting So when we look at the chart we can see that the price has been going down for a while now and we can see that we are down about 15% from the all time high.
At this moment we are in a zone that I have been looking for a while now to see if we could get some reversals happening and see the price going back up again. We can see that the price did try to break below that zone for a few times already but it was not able to really go below it and stay below it. That's why I have the wick line drawn up in the chart because we did saw before we got the all time high that the price did close below that level but never really went down big below it. I think that as long as we can stay above that zone we could see some big upward moves happening here.
For now I am just going to keep doing what I was doing and keep investing into it on a regular basis. It could be that if we so get a good reversal happening here that I will go and buy more than I would usually do. But for that it is still waiting to see what next week will give us. Wednesday will be a good day to see how reacted on the zone and then we could see if it has respected it and reversed off of it. We do need to have a look at the volume than as well to see if it is a valid reversal or not but that is something we need to wait for and see on around Wednesday. It could also be that the price is not going to move a lot and then we just need to wait a little bit longer.
I will keep this updated when needed and have a daily look at it to see how it is moving.
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