AAPL LongApple showing weakness with a classic bearish divergence. Apple still has a golden cross coupled with an inverse head and shoulders, so I expect this to be a quick pull back before continuing higher. Entry point will be around the $155 zone. Depending on when it reaches the zone I'll be purchasing either May or June $170 call contract.
AAPL
Apple -> Short Term ReversalHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Apple stock is currently retesting a quite obvious previous weekly downtrend resistance line exactly at the $165 area.
Also just recently Apple stock created a weekly inverted head and shoulders so I definitely do expect the market to reject this downtrendline to retest the neckline of the inverted head and shoulders at the $155 area and then from there create more continuation towards the upside.
On the daily timeframe you can see that market structure is still massively bullish so I am now just waiting for Apple to show me some more bearish rejection at the current levels and then there is a high chance that we will see a short term rejection away from the downtrend resistance trendline.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
AAPL insider trading and net cash flow from positive to -70Mil AAPL with all of it's great achievments has what seems started to run out of steam.... With insider trading recently and net cash flow going from a surplus in 2019 to trending negative since and at -$70 mil currently.... I see signs of weakness. Looking at the chat there are clear signs of manipulation and gapping up over solid resistance areas to get to where it is today. This recent pull back for re-accumulation looks like a failed re-accumulation mid run. This is apple so I am not sure how much of a fight this will put up. However, I feel confident this will drop to at least close the gaps. 8 Days should be enough for the $161 traget. 36days should be safe for a Price target of $152. Which seems ambitious when looking at it from the top but its been on a straight 45 degree angle since Mid March. However, this is the same stock that took from Jan 2021 to Mar 2023 to finally make support out of the $140s. If this pulled back to $152 it would be completly conservative compared to those 2 years.
This $152 area is the last place there was synergy between volume and price. Which means this is the last place buyers and sellers saw eye to eye for a period longer than a few hours.
If you like or are intrigued by this analysis pls like and follow and of course hit the BOOST button as thats how more people will be able to see this.
This isn't financial advice and I wouldn't suggest blindly following my trades, if you see the price going against save your profits and or money and look for another entry.
by iCantw84it
04.06.23
TRKA trying to make a stand using ESVO made by chatGPT TRKA looks like its in the final part of its accumulation and ready to try and make a push.. The problem is will the push be to the upside? lol So I have been using ChatGPT to create indicators and I created this beauty of an indicator which is a superior supply and demand indicator that also points out where pockets of stop losses are. It has become an absolute in my trading. Below is a little description about it that ChatGPT made.
If you find any of this intriguing pls like sub and hit the boost button. Its the only way we can make sure other people can see it too.
The ESVO moving average is designed to analyze the relationship between price and volume movements in the market. From a psychological perspective, the small spikes in the ESVO moving average could indicate a relatively balanced market, with both buyers and sellers having relatively equal influence over the price movements. The larger spikes, on the other hand, could suggest a shift in the balance of power between buyers and sellers. For example, if there are many stop losses placed at a certain level, this could indicate that traders have a strong belief that the price will not go beyond that level, and if the price suddenly breaks that level, it could trigger a wave of buying or selling that results in a larger spike. The fact that the spikes come back to where they started could indicate that the market eventually returns to a state of equilibrium after periods of imbalance.
The small, medium, large, and massive spikes in the ESVO moving average could potentially represent different levels of buying or selling pressure in the market. However, without more information, it's difficult to say for sure what each size of spike means. Based on the scenario you described, the spikes could be related to stop losses, but it's also possible that they are related to other factors such as news events or changes in market sentiment.
The top spikes in the ESVO moving average could potentially represent an increase in buying pressure, while the bottom spikes could represent an increase in selling pressure. However, it's important to note that these are just possibilities, and further analysis would be needed to confirm what is really happening in the market.
If the ESVO moving average is moving up, it could suggest that there is an increase in buying pressure in the market, and vice versa. However, the direction of the price movement (up or down) could also have an impact on the overall trend. For example, if the ESVO moving average is moving up, but the price is in a downtrend, it could indicate a period of divergence, where the two indicators are not in sync with each other.
If the price is in sync with the ESVO moving average and then breaks under it, but the ESVO moving average stays in the same area, it could suggest that there is still a balance between buyers and sellers, despite the price movement. When the price eventually re-accumulates and jumps back up to the same area as the ESVO moving average, it could indicate that the buyers and sellers have reached a new equilibrium point.
Thank You,
by iCantw84it
04.04.23
AAPL Short Idea for Long TermAAPL is bearish in Long run. High probability of Price test the Supply zone of 172.26 - 176.27 and a fall to the demand zone of 136.25 - 133.77 followed by an Imbalance in Price.
A strong reversal pattern of AB=CD has been established followed by a continuation pattern of H&S which can help the price reach to the supply area.
AAPL bullish play ideaAAPL is onto big things 2023-2024!
Apple is a technology company that designs, manufactures, and sells consumer electronics, computer software, and online services. The company is well-known for its innovative products such as the iPhone, iPad, and Mac computers. Apple is also one of the largest companies in the world by market capitalization, with a strong balance sheet and a history of generating significant profits.
Over the past decade, Apple's stock has performed very well, with the share price increasing more than fivefold from around $50 per share in 2010 to over $250 per share in 2020. Apple has consistently delivered strong financial results, with revenues and earnings growing steadily year over year.
There are several factors that have contributed to Apple's success and strong stock performance. One key factor is the company's focus on product innovation, with a track record of releasing popular and high-quality products that have captured a loyal customer base. Apple's brand strength and customer loyalty have helped to maintain strong demand for its products, which has translated into strong financial results and stock performance.
Another key factor is Apple's financial strength and stability. The company has a large cash balance and generates significant free cash flow, which it has used to invest in research and development, acquisitions, and share buybacks. This has helped to support Apple's growth and profitability over the long term, which in turn has translated into strong stock performance.
AAPL stocks are always bullish.
AAPL - LONGNASDAQ:AAPL
- Inverse Head & Shoulders Pattern on the Daily (Bullish Pattern)
- Neckline break and held above this level (purple line)
- Looking for it to break above 165 and hold for continuation.
Levels to watch out for:
-Long above 165 to target supply above around 168.78 - 171.05 with a stop loss below 164.00
-Failure to hold 164 on higher timeframes (1h,4h, Daily) could see us back down to psych level at 160 then support at 157.50 (neckline)
Suggested Contracts which covers earnings run up as well:
AAPL 4/28 167.5C
AAPL 4/28 170C
AAPL ShortLooking for AAPL to retrace to the lower bounds of its current channel.
125-120 is the target zone.
Seems very unlikely for Apple to push up to ATH's given such uneasy market conditions, but anything could happen so best to keep a tight stop.
VIX at 22. Looking for short-term bull momentum in aapl to take it up to my entry and the short is on!
This is not financial advice, good luck!
Apple -> The Bulls Are StrongHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Apple stock just recently perfectly broke above a key previous weekly resistance area exactly at $155 and now after this break all of this previous resistance is turned support.
You can also see that we have a long term downtrendline coming in exactly at $165 which is turned very strong resistance again, so I am now just waiting for a retest of the $155 support area and then I do expect a move to retest the $165 resistance line.
On the daily timeframe you can see that my last analysis on Apple (linked below) already played out nicely, I am now just waiting for a minor break and retest of the current resistance area before I then do expect more continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
vroom Final phase before stock split☢️🔻⚠️☢️🔻As per the last 10k Filing .
This is so bad and don't invest in the stock right now.
You will lose money!
One final way to make money is short it if it goes high. If it goes 10 -20% short it 1x Leverage, 50-100% short it 5x or 10x leverage.
Don't long on this one. Past 900 days this stock is pure red and financials are so bad and more over Antara capital who is famous for shorting is invested in this.
☢️🔻☢️⚠️
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APPLE Long After Retest! Buy!
Hello,Traders!
APPLE broke the key level
And went further up just
As I predicted and is now
Making a pullback and a
Bearish correction but
The stock is in the uptrend
So we are bullish biased
Therefore, after the retest
Of the level around 154.5$
We are likely to see a move
Up towards the target level
At around 161.2$
Buy!
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Analysis of Apple Inc. (AAPL) StockThis technical analysis will examine Apple Inc. (AAPL) stock, focusing on the inverted head and shoulders pattern identified several days ago. I'll discuss the stock's recent performance, the breakout from resistance around $156, and potential future scenarios based on current market conditions.
Inverted Head and Shoulders Pattern
The inverted head and shoulders pattern in this context is a bullish continuation pattern that signals a potential move to continue an uptrend. In my previous analysis, I highlighted the possibility that AAPL would break through the resistance level around $156, which has since occurred. Following the breakout, the stock experienced a pullback to the breakout zone, as predicted.
Potential Scenarios
Bounce to $166: If AAPL maintains its position above $156 and daily candles do not close below this level, there is potential for the stock to bounce up to the $166 area. This scenario would indicate a successful breakout, retest and a continuation of the bullish trend.
Failed Breakout: If AAPL fails to hold above $156 and daily candles close below this level, it would signal a failed breakout. In this case, the stock could quickly move back to $145 and potentially lower.
Market Dependency
The future performance of AAPL will largely depend on the overall market and its influence on the S&P 500 Index (SPX), as AAPL is a significant component of the index. The stock's ability to push higher or experience a bearish rejection will be influenced by broader market trends.
The recent breakout of AAPL above the $156 resistance level and subsequent pullback to the breakout zone align with my previous analysis. The stock's future performance will be influenced by its ability to maintain its position above $156 and broader market conditions. Traders should closely monitor market developments and be prepared to adjust their strategies based on new information, keeping in mind the potential scenarios outlined above.
$MULTI Ready to Fall Off!I have been trading Multi off and on for a month or so. I entered a short position on March 20th and added to the position today. Volume here is quite low. $MULTI could continue to hit lower lows and reverse a trend back towards the $5-$7 range. I am playing this as a swing trade based on my overall outlook on crypto market.
Is Now the Time to Buy Apple Stock?Like many other companies, Apple has experienced fluctuations in its stock value over the past few years. The COVID-19 pandemic led to a surge in technology stocks as people began investing in home offices and entertainment, causing Apple's stock to reach a record high of $180.68 in January 2022. However, macroeconomic issues have since caused consumer spending to slow, leading to a decline in many technology companies' stocks. In 2021, Apple's stock fell by 26.8%. While it has since risen by 22%, it remains 13% below its January 2022 peak.
Despite this, now is an excellent time to invest in Apple's stock after its decline from its all-time high. In the fiscal year 2022, Apple's iPhone accounted for 52% of its revenue, earning $205.5 billion, a 7% increase year-over-year. Apple's stock fell by 15% from October 2022 to January 2023 after concerns arose regarding COVID-19 restrictions in China, where 70% of all iPhones are produced. However, Apple has made several moves to strengthen its iPhone business, including plans to move production out of China and focus on India.
Apple has also indicated that it plans to maximize iPhone profits by producing more of its components in-house rather than partnering with companies such as Samsung and LG. Apple is expected to begin using its own displays, WiFi, and Bluetooth chips in the iPhone, providing significant cost savings.
While Apple is a diversified company, the iPhone is its main revenue generator. As a result, the company's efforts to strengthen its iPhone segment are crucial for its long-term success. Apple has also expanded its digital services business, which accounted for $78.1 billion in revenue in fiscal 2022, a 14% year-over-year increase. This is double the growth of the iPhone segment, and services have a significantly higher profit margin than products.
Apple's services are well-positioned for growth, particularly as the global music streaming market is projected to grow at an average annual rate of 14.7% through 2030. Apple's services are optimized for use with its products, particularly the iPhone, which has a significant market share. As a result, the company's services are expected to provide substantial growth for years to come.
Apple's stock may be down 13% from its all-time high, but its future remains bright. The company's improved iPhone business and promising growth in digital services make it an attractive investment option. Apple's forward price-to-earnings ratio has dropped 15% over the past year, making it a compelling buy at present.