$Apple(AAPL.US)
Apple is getting close to its previous high, and this feels like a reasonable place to trim some exposure. The market seems to have largely forgotten the headwind from higher interest rates, while expectations have quietly recovered.
I’m taking partial profits instead of waiting for a perfect top. Apple has been a solid defensive holding, but I don’t see much reason to keep adding capital to a slower-moving mega cap here.
The lesson is simple: great companies don’t always make great trades, and reducing into strength is often easier than chasing the next breakout.
@Captain's Treasure
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