Two stocks that I currently have in my portfolio that I haven’t charted for all of y’all yet.
Apple (AAPL) continues to be the gift that keeps on giving. It’s hard not to buy this stock every time it dips. The trend-line, using the 50 day moving average, has not been violated since March, which provides us with an excellent approach in establishing a stop-loss, which I have done, in that I will exit this trade if the 50-day MA is breached.
With that said, I am going to get very cautious with this trade, if the previous high isn’t broken some time in the next few days and may be a reason to exit the trade early.
The latest edition is Bed Bath and Beyond (BBBY). However, it has languished somewhat from my entry price of $38. I have a stop-loss set at 36.49 which is just a shade below the handle on the cup & handle formation shown on the chart below.
As for the other position in the portfolio, PETS, it is still doing well and profitable, just much hasn’t changed on it from a technical standpoint since my previous post on this position.
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