AAPL profit taking into earnings?Keeping an eye on this, could be flagging out to the EMAS for a move higher but earnings are coming out on May 4th. I'm watching for a crack of this trendline for profit taking and bulls taking off risk into earnings. Looking for a move similar to what we saw in MSFT today closing below the daily EMAs and basing around the pivot spot. First target is the 21EMA on the daily currently at 163, second target level down to 160 and 157.40 big pivot spot.
AAPL
$QQQ Watch for a Key BreakNASDAQ:QQQ eyes on tech earnings (MSFT, META) this week. PA distributing like SPY between critical levels, but currently looking bearish after failing to break out of pennant. Both need to break respective pivot points for continued downside pressure to bottom TL.
Positioning: LT Short
Market Outlook Analysis | Earnings Prediction | Support & Resist- QQQ Megaphone still in place
- NASDAQ:QQQ SKILLING:NASDAQ trading within 3 weeks range 320-312 area, likely breaking Tuesday
- Tuesday NASDAQ:MSFT NASDAQ:GOOGL Earnings prediction
- NASDAQ:AAPL broke out without much follow through, historically AAPL dips into earnings or after earnings if it moves up alot into it.
- advertising companies dont do well during recessions.
- AMEX:SPY still healthy daily uptrend that may change next week
- still holding my AMEX:SOXS ( NASDAQ:SOXX short )
2023 Crisis In my own eyes
THIS IS JUST A THOUGHT OF SOMEONE WHO LOOKS AT THE MARKET FROM A BEAR POINT OF VIEW- NO ADVISE
Publishing here the history of economics effect on stock market
I took the last couple of crisis (bubble at 2000 and the real estate crisis on 2008) and added the bellow charts
- Inflation
- Interest
- Unemployment
Once thing is clear- each time inflation went up- The fed increased the intersect rate and unemployment went down to the lowest points of the decade or more
- When unemployment reached the bottom, we were getting towards the top of the market (on 2008) or in the middle of the fall down (2001)
- UNEMPLOYMENT RATE NEVER REACHED THE BOTTOM WHEN THE CRISIS WAS OVER OR DURRNING THE UPTREND ON THE ABOVE CRISIS
-When Inflation rates got to the pick level - the market was either still climing or in the begining of the fall
- INFLATION RATES NEVER PICKED OR STAYED HIGH FOR A LONG TIME WHILE THE MARKET BOTTOMED
- THE PRIOD OF AT LEAAST 7 MONTHS WE HAD THE HIGH INTRESET RATE AT THEIR PICK
- AND IT HAPPENED WHILE THE MARKETS WERE CRASHING
THE SIGANL FOR THE BOTTOM USUALLY CAME WHEN THE INFALTION CAME TO IT'S LOWEST POINT
- DRAMATIC MOVES OF THE INFLATION GOING DOWN - WERE IN THE MIDDLE OF THE CRASH AND TOWARDS THE END WHEN WE HIT THE BOTTOM
- Were are we now 4-2023???
In My Opinion:
- We are in the beginning of the big crash, we are going to sink hard to new low level, we will visit the highest levels of the market before the CORONA (February 2020)
- I really think we will have a hard recession which will take 5-7 years or more to get back to the tops of the ETFs (QQQ/ SPY etc...)
We are being fouled at the moment the the bottom already happened, as nothing is shiny in the near/ far furture
- AAPL IS ONLY 9% FROM IT'S ATH (MAKE SENCE??) not to me
- VIX IN ITS LOWEST FOR THE PAST 1+ YEAR (USUALLY THE MARKET WILL PUT ALL TO SLEEP BEFORE THEY DROP THE KNIFES)
- LAYOFF SEASON HAS BEGAN AT THE BIG COMANIES
- FED DECLEARED A SOFT RECESSION (WHEN THEY SAY SOFT IT'S THE SAME AS WHEN THEY SAID TRANSITORY INFLATION - PLEASE REMEMBER !!!
- INTRESET RATE?? NEXT 0.25 IS COMING IN 2 WEEKS
- WHAT IS THE CATALIST FOR THE MARKET TO GO HIGH??
NOTHING (In My Opinion)
THIS IS JUST A THOUGHT OF SOMEONE WHO LOOKS AT THE MARKET FROM A BEAR POINT OF VIEW- NO ADVISE
4/21 Watchlist + Notes SPY - As mentioned on my list yesterday, I was cautiously bullish going into today due to the fact that we had a 2-2 reversal on the daily. We were not able to break highs of yesterday (Which I credit to bad ER from before the bell on big names like TSLA) and ended up opening lower on the day but fighting our way back up to fill premarket gaps before dropping back down again. Ended the day red with a failed 2D again for the 3rd failed 2 day in a row. Not really sure what to make of this as we head into Friday. We have a failed 2D which tells us we have a potential 2-2 reversal on the daily incoming if we break today's highs. We also could be targeting a 50% retrace of the previous weekly candle as we are currently in a failed 2U on the weekly. I think both upside and downside have potential for tomorrow for numerous reasons so with that all being said, I am neutral going into Friday's session. If I was truly forced to make a prediction on whether we go up or down tomorrow, I would say we have better odds of pushing to the downside. It is still nearly 50/50 in my opinion but for those of you who have experienced multiple friday sessions before, you know that anything can happen. Im open to playing both sides but I think downside does have more potential range if that is the direction we head tomorrow.
Challenge Account + Watchlist:
Value: 46.98 (No Change Today)
AAPL - 3-1 Daily (At top of potential BF so if we break to the downside that would be ideal)
UAL - 2-1 Daily
U - Broadening Formation
Main Watch:
AAPL - Really loving the potential on this play. 3-1s are always fun to play, but looking bigger than just the daily, we have a solid potential BF formed on the weekly. Looking to break to the downside tomorrow to maybe begin a downswing to the bottom of the BF.
Previous Main Watch:
CCL - Loser - broke lower on the daily and hit downside target. Wanted upside
Watchlist Stats:
3/4 SPY Predictions
1/5 Main Watch Plays
Top Winner: TSLA 15%
Personal Stats"
3/4 On the week
Overall: Heavy Green
- Swung T puts into today that ran over 600%
- Swinging ARKK puts for tomorrow and next week potentially
- Been doing 1 play a day and it has been working well
Finish the week strong everyone. Best of luck trading tomorrow!
apple will go to upper than $180aapl will go to upper than $ 180
hello guys...
apple had made a head and shoulder pattern
the target of this pattern in this situation is $ 180
in my opinion the purpose of this move in gathering a lot of liquidity
the range of this liquidity located in $ 175- $ 185
_______________________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
Everything you NEED to KNOW | $QQQ & Big Tech | KEY RESISTANCE |- Resistance levels for NASDAQ:AAPL NASDAQ:AMZN NASDAQ:GOOGL NASDAQ:MSFT NASDAQ:QQQ NASDAQ:TSLA
- double megaphone pattern on NASDAQ:QQQ likely breaking smaller one tomorrow
- most big techs are trading under resistance expect AAPL if no one follows AAPL its likely coming back down.
- i am more bearish here due to this kind of indecision whip saw sometimes marks a temporary top.
- Detailed Trade analysis of my NASDAQ:SOXX short (in AMEX:SOXS )
AAPL Q2 Update: Potential Swing Trade IdeaNot my best path drawings but I do think that anything above $170 seems like a great shorting opportunity, the lows at FWB:124 would be my target. I'd like to see if come to $170 and sweep supply or come to the highs at HKEX:176 and sweep that area. If we sweep HKEX:176 , I think it will be the best potential entry if this does prove to be bearish. **NFA
Apple -> Breakout Baby Let's GoooHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Apple stock is currently breaking out of a multi-months long consolidation phase with the previous resistance being exactly at the HKEX:165 area.
You can also see that from a weekly perspective, market structure is extremely bullish, we have the next strong resistance at HKEX:175 so I simply do expect more continuation towards the upside from here and eventually a break above the resistance and also new all-time-highs for Apple.
On the daily timeframe you can see that with today's candle, Apple stock is breaking above previous daily resistance which is now turned support so I am just waiting for a retest and some bullish confirmation before I then do expect lots of continuation towards the upside from there.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
AAPL Shorts TriggeredThe daily candle for Apple has triggered a short signal. However, before you enter a trade, it's important to note that this is a risky play and not for everyone. It's possible that this signal may not confirm and that the price could reverse.
To reduce risk and increase the likelihood of success, it's recommended that traders wait for confirmation from a candlestick pattern before entering into a short position. This will provide greater certainty that the short signal is valid and that the price is likely to continue moving in the desired direction.
However I am entering a small short position here and add to my short position upon confirmation. Good luck!
$QQQ & Big Tech $AAPL $AMZN $MSFT Future Direction at Resistance- NASDAQ:QQQ gap up double rejection from premarket highs and bear took over first hour then complete sideways into end of day
- NASDAQ:AAPL NASDAQ:MSFT NASDAQ:AMZN all rejection from resistance today. lets see if bears can follow through tomorrow
- NASDAQ:NFLX earning had weak guidance
- NASDAQ:TSLA earnings tomorrow AH
- still holding my NASDAQ:SOXX short ( in 3x AMEX:SOXS )
Is It the Right Time to Buy Apple StockAs an avid follower of the tech industry and an investor myself, I've been keeping a close eye on Apple Inc. This technology giant, known for its innovative products and services, has consistently piqued the interest of investors. As of April 2023, many people are wondering if now is the right time to buy Apple stock. In this article, I'll dive into Apple's historical performance, recent financial ratios, market outlook, risks, and challenges to provide some insight into whether it's the right time to invest in Apple shares.
1. Historical Performance of Apple Stock
a. Long-term growth
I've observed that since the early 2000s, Apple's stock has experienced exponential growth, primarily driven by the company's success in launching groundbreaking products like the iPhone, iPad, and Apple Watch. Apple's stock reached a record value of over 500 USD in 2020, showcasing the company's ability to maintain its dominant market position.
b. Performance between 2021 and April 2023
In the period between 2021 and April 2023, Apple's stock continued its upward trajectory, albeit with occasional dips due to market fluctuations and global events. Despite these temporary setbacks, the overall trend remained positive, highlighting the company's resilience and adaptability.
2. Key Financial Ratios (as of April 2023)
a. Price-to-earnings (P/E) ratio
As of April 2023, Apple's P/E ratio stood at around 35. A high P/E ratio is indicative of investor confidence in the company's ability to generate earnings in the future. I've seen the P/E ratio fluctuate in the past, but the current figure suggests that investors remain optimistic about Apple's prospects.
b. Debt-to-EBITDA ratio
Apple's debt-to-EBITDA ratio has been maintained below 1, a sign of prudent debt management. This indicates that Apple has ample earnings to cover its debt obligations, which is a positive signal for investors like myself.
c. Price-to-sales (P/S) ratio
At around 9, Apple's P/S ratio implies that investors are willing to pay a premium for the company's sales. A high P/S ratio is often associated with high-growth companies, suggesting that investors anticipate continued growth in Apple's sales.
d. Price-to-book (P/B) ratio
Apple's P/B ratio, at approximately 32, is higher than the industry average. This ratio reflects the value investors place on the company's assets, indicating that the market perceives Apple's assets to be of high quality.
e. Price-to-free-cash-flow (P/FCF) ratio
With a consistent P/FCF ratio of around 33, investors are paying a premium for Apple's ability to generate free cash flow. This is an important metric for investors like me, as it indicates the company's financial flexibility and capacity to fund future growth initiatives.
3. Recent Developments and Market Outlook
a. Apple's financial performance in 2022 and early 2023
Apple has exhibited solid revenue and earnings growth in 2022 and early 2023, driven by the success of new product launches and innovations. This strong performance demonstrates the company's ability to maintain its competitive edge in the ever-evolving tech industry.
b. Projected growth in the tech industry for 2023 and beyond
The tech industry is expected to continue its rapid growth, spurred by advancements in 5G technology, artificial intelligence, and machine learning. Apple's product pipeline aligns with these industry trends, placing the company in a favorable position to capitalize on emerging opportunities.
c. Apple's innovation and product pipeline for 2023 and beyond
Rumors of Apple's augmented reality (AR) products and the potential expansion of its ecosystem through new services suggest that the company has a robust innovation strategy for 2023 and beyond. As a result, Apple is well-positioned to maintain its status as an industry leader and continue to grow its market share.
d. Comparison with other tech giants
When comparing Apple's market performance and valuation with other tech giants, it becomes evident that the company remains a strong contender in the technology sector. Apple's competitive landscape and market share continue to be favorable, further solidifying its status as a dominant player in the industry.
4. Risks and Challenges
a. Regulatory and geopolitical concerns
Apple faces ongoing regulatory challenges, such as antitrust investigations, which could impact its business operations. Additionally, trade disputes and potential supply chain disruptions may pose risks to the company's growth prospects.
b. Market volatility and economic factors in 2023
Interest rate changes and global economic conditions could create market volatility that affects Apple's stock performance in 2023. As an investor, I consider these factors when assessing the potential risks and rewards of investing in Apple shares.
c. Competition and market saturation
The tech industry is known for its fierce competition and rapidly changing landscape. Apple must continue to innovate and adapt to maintain its market share and stay ahead of emerging competitors. Market saturation in certain product categories may also pose challenges to the company's growth potential.
Conclusion
Taking into account the financial ratios, recent developments, and market outlook, Apple appears to be a strong investment option as of April 2023. However, investors should weigh the pros and cons based on the most recent data and consider their personal investment goals and risk tolerance before making a decision. As for me, I remain optimistic about Apple's future, but I also recognize the importance of staying informed and making well-informed decisions.
$AAPL $XLF, $QQQ future Outlook Super Tight Range about to Break- NASDAQ:AAPL trading right under resistance, about to break out of the tightening range
- AAPL earnings date May 4th
- NASDAQ:QQQ super tight tons of inside bar, big tech earnings next week, NASDAQ:TSLA this Wednesday and NASDAQ:NFLX tomorrow
- Money rotating around the market, when QQQ consolidates money flowing into AMEX:SPY like sectors in AMEX:XLF vice versa.
(D) $AAPL APPROACHING CRITICAL JUNCTURE🍎 NASDAQ:AAPL approaching a critical juncture, tagging the resistance trendline established from ATH on the Daily. If we take the structure from ATH to now as a 3 wave correction, we could be finished and exiting the structure for upside now. However, we could get a bounce to the downside off the resistance, which would form a 5 wave corrective structure instead and provide confluence for my AMEX:SPY downside expectation's.
4/17 Watchlist + NotesSPY - Last week we went 4/5 on predictions with SPY. Friday I said I wanted to see a push higher, which we did end up getting before closing as a failed 2U on the daily. The daily candle was decently neutral, but still is bearish due to it being a failed 2U. Going into Monday, I am hoping for some downside. We retraced over 50% of Thursday's range which leads me to believe we can create a compound engulfing day by breaking Thursday's low at 407.99. I am overall pretty neutral going into Monday because I think we closed strong on the week and could easily test last week's high. I think we have more reasons to be bearish on Monday though, which could make the week play out in a way where we see initial pullback or consolidation before testing weekly highs. At the end of the day, you can't and shouldn't fight the trend, so keep that in mind for the week. As we push into the 2nd half of the month, we can expect price action to be less volatile. I think this week will be very evident of whether we want to push to the 420 area, or begin a larger reversal. With the FED admitting they expect a recession in the fall/winter, I am curious to see how the markets will react as time progresses from now till the end of the year.
Watchlist:
I am starting a small challenge account this week, so the plays on my watchlists will be slightly different than my normal lists and main watches. As always though, I will keep the scanner for weekly and daily setups in the photo on my idea. Just look at potential 3-1 and potential 2-1 to see all setups. With that being said, I will keep an eye on everything on my scanners, but here is what I am specifically watching for tomorrow:
RBLX - 3-1-2 Rev strat - Bullish
PEP - 3-1 daily and 2-1 weekly - Neutral
MSFT - 2-1 Daily + Broadening Formation on the daily: Neutral
KO - 2-1 Daily + BF on daily: Bearish
PG - Same thing as KO and MSFT: Neutral
COST - 3-1 Weekly - Bearish
CAT - 3-1 Weekly - Bullish
Main Watch:
TSLA - Was last Friday's main watch. Never broke out
RBLX - This setup is really good with minimal complaints from me. RBLX has been strong these past few weeks and I think it will continue to head higher. We are also sitting on a long rising trend line on the daily. What I am looking for is for us to break Friday's high and then target the high from last thursday to create a compound engulfing candle. This setup has potential to hit all the way up in the 53-54 range on a larger time frame, but for tomorrow we have solid potential for a 2-3% move on RBLX from entry. I will make a seperate post about RBLX with my charts for it because it would be a lot to explain otherwise so be sure to check that out. My Only concern with this setup is that it may need some pullback further before heading higher to follow suit with the broadening formation. This play will really be dependent on whether we break the high or low of Friday first, and also how much RBLX reacts to market movement assuming the markets follow our bearish bias. Just a few things to consider
Previous Main Watch:
PYPL: Winner. Ran over 250% from entry. Absolute banger
TSLA: Never broke out of 3-1 so now is 3-1-1 setup. Not a win or loss.
Stats From Last Weeks Watchlists:
4/5 Spy Predictions
4/6 Main Watch Plays
Top Winner: PYPL (250%+)
Personal Stats:
2/4 On the week
Overall Green
Kept losses small and wins big. Even with a 50% win rate we were still solid green on the week. Let's do it again this week
Personal Notes from this week:
- Patience is key to success as evident by my trades this week.
- Broadening Formations are incredibly accurate on bigger scales. Cannot recommend researching Broadening Formations enough. They are a cheat code to trading
#AAPL reaching top of channel with bearish RSI divergenceJust an observation - Apple reaching the top of its downtrend channel with some bearish divergence on the RSI. Could some see weakness from these levels. Retest of anchored vwap from January lows + 200dma at approx HKEX:150 could be a good target if we start to reverse.
230% vs 110% returns which one will you choose ?So I recently got an Apple Watch to keep track of my fitness goal. It can help track my running distance and better still, my swimming log as well. It is pretty cool except for one thing I noticed.
It syncs with your Apple Phone and all your apps that are in there will automatically sync with your Apple Watch. So, I have finance, fitness, social media, etc apps that keep sending me notification.
It can be pretty annoying and disturbing to become a slave to these tech items, haha.
I believe the trends globally is quite the same maybe for a few European countries like Switzerland ( I could be wrong) Finland, Norway,etc. Taking a train to work, I can see almost 95% of the commuters glued to their phones. What happened to reading a book , I mean a hardcopy book? Sadly, all the bookstores in Singapore are closing one after another. Read article here
Anyway, this trend is so massive and has become a part of everyone's daily lives that buying its stock to me is a no brainer. Just taking the last 3 years performance, buying Apple shares will generate a 230% returns versus 110% returns for SPX500 index.
What other deep seated trends can you identify in your own country ? Find the Apple alike competitor in your own country and buy it.