Thought I would take a look at the Apple share price graph - holding up better than I expected. Good news on the way?
This might be a case of its better to travel than arrive - sell-up before the good news is announced (assuming Apple is micromanaging the leaking of news and there is good news on the way).
Coming to another critical point on the graph - how long can this share price continue to defy gravity? $159.27 @ 24 August 2017
Despite a technical glitch at the presentation it seems that the new iPhone is being well received by critics - times to take a profit on Apple shares @ $160.86 now that the fun and games are over for now? Or will analysts start upgrading their forecasts and maybe squeeze the price a little higher? I have always been of the opinion that it is better to travel than arrive when buying shares ahead of an event/announcement.
I still own 100 shares with a cost per share basis nearly $100 less than where it is now... I had a much bigger position years ago, but I'm holding these last 100 shares for the moment. I wouldn't be shocked to see it at $200 eventually.
First signs of a real pull back after the run up ahead of the new product launch. Taking a breather or more profit taking to follow? Price $159.88 @ 15 Sep 17
In the back of my mind I always have the idea they are going to announce a game changing takeover - any one else get this feeling?
Looks like the fun is over for the short term - well done to those who were in for the ride and managed to call the top.
