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Navigating Investment Decisions with Tradingview: Apple example

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Hello,

Investing and trading can easily scare participants in most cases. However, the different tools that Tradingview offers can make the work easier for you the investor. In this case I will be using a candlestick chart, a closer look at the price action, The date & price range tool, The vertical line tool and a combination of the financial data provided on the TV platform.

1st, My goal is to seek to understand the company. This can be done on the tradingview platform. This is very important because it builds a base on how the company makes its revenue as well as how its costs would look like. As per the platform.

tradingview.com/symbols/NASDAQ-AAPL/financials-overview/

Apple, Inc engages in the design, manufacture, and sale of smartphones, personal computers, tablets, wearables and accessories, and other variety of related services. It operates through the following geographical segments: Americas, Europe, Greater China, Japan, and Rest of Asia Pacific.

Investing is greatly an act of faith and understanding how the organization has performed in numbers is very key. Although this cannot be assurance that the company will keep performing that way in future, the Tradingview platform gives you a historical view of how the company has performed, its asset quality vs liabilities as well as the cashflow positions. The above for our specific company can be found here tradingview.com/symbols/NASDAQ-AAPL/financials-income-statement/?statements-period=FY

Once you have understood the story of the company and linked your narrative to the numbers, very key is to understand key upcoming events for the company and also how investors have reacted to the share price over a considerable period of time.

Our company apple has ranged between prices of USD 165 & USD 200. This is since July 2023. The company continues to be in a range for that period and is currently trading at around USD 168.45. This gives us a great entry price since the company's fundamentals remain quite strong. Using the date & range tool shows us that the company took 99 days to move from price USD 198 to USD 166. This represents an erosion of -16% but still a short opportunity. The company then took 51 days to move back to its top of USD 198 per share.

Just by merely looking at how fast the company is rising when it hits our bottom is great to show that the upwards momentum is stronger. Using this I shall be looking for buy opportunities from our current level with my target at the top.

The vertical line is very key in helping us know where we begin our analysis.

Very key also to bring into the analysis is the aspect of risk management which helps us set targets as well as identify areas where we need to exit our trades & relook at our analysis once again.

Conclusion:

Tradingview offers powerful tools that empower investors to make informed investment decisions. By leveraging features such as financial data analysis, market sentiment tracking, technical analysis, and risk management, investors can navigate the complex world of investing with confidence. Using Apple Inc. as a case study, we've demonstrated how Tradingview's tools can enhance investment strategies and drive success in the dynamic financial landscape.
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Portfolio Manager
Dyer & Blair investment Bank, Kenya.

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