Apple - Technically Overbought
I saw in the news that Mr. Buffet sold half of his ownership stake in Apple. In reality, he made the perfect decision to sell his Apple stock at a time when the market was technically overbought. It is without question. When he believes the price of Apple stock is appropriate, he will most likely repurchase the shares.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.