Dear Readers,
Wishing you a happy weekend! Recently, Apple seems to be experiencing a transformative phase, it’s either being dethroned as we speak or is about to make a huge move to the upside. It appears an M formation pattern is occurring on the stock and 173-178 support is a good area to look at next.
Legendary investor Warren Buffett made a move in Q4 relating to Apple.
For the first time since Q4 2020, he has chosen to trim his Apple position.
Buffett always likes to sell near the highs after buying on pullbacks or drawdowns when many are scared to pull the trigger. This is a very small sale as you can see it’s the second to smallest one he’s ever done throughout history.
Keep reading with a 7-day free trial
Subscribe to Capital Markets Newsletter to keep reading this post and get 7 days of free access to the full post archives.