Sell Signals for CARR and AMCR

Carrier Global Corporation

Our systems produced a couple of sell signals for Carrier Global Corporation (CARR) beginning of this week. We started this position early April this year and increased it throughout that month.

Based on the sell signal we reduced our position at an average price of USD 21.685. With a unit price of USD 14.37 this represents a gain of 50.9%, which we think is quite satisfactory.

We continue to keep a position in CARR and intend to take further action based on whether our systems create sell or buy signals.

Amcor Plc

Similarly, our systems created a sell signal for Amcor Plc (AMCR) this week. We started this position early March 2020 and have increased it until end of that month.

Throughout April and May there were several sell signals and we reduced our position to some extent on both occasions. Based on this week's sell signal we reduced our position further at an average share price of USD 10.34. As our unit price is currently about USD 9.24, this represents a gain of USD 11.9%. Again, given we have held this position only since March, this, too, is a quite satisfactory result.

Our systems may create further buy or sell signals for AMCR. At that time we may or may not increase or decrease our position again. As with CARR we continue to hold a long-term position in AMCR.

Disclaimer

Keep in mind, that we do not accept any responsibility for your investment decisions. Do your own due diligence and consult with your financial advisor before making decisions. Any investment vehicle mentioned on this site is used for illustration purposes only and does not constitute investment advice.