APPLEAAPLE is in strong upward trend. After shallow retracement market seems to be continue the trend .
As the market also formed Cup and Handle pattern which is also a continuation pattern also putting confluence to keeping the uptrend.
If the market continue to trend higher , the next optimum target could be 210
Aaple
AAPL Feb 18th UpdateNo change here, AAPL is on its way down into a H&S breakdown with an ideal target 163.35. That will be also a test of the downtrending support.
When tested we should see a multi-month rally into a larger H&S on daily level. The long-term outlook isn't bright for Apple. I dont want to be long AAPL if we wont above 205-210 next year
APPLE On The Rise! BUY!
My dear followers,
This is my opinion on the APPLE next move:
The asset is approaching an important pivot point 182.29
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 186.19
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
Nasdaq-100 Index Futures. Bearish Channel In DevelopmentAI-related companies lost $190 billion in stock market value late on Tuesday after Microsoft NASDAQ:MSFT , Alphabet NASDAQ:GOOG and Advanced Micro Devices NASDAQ:AMD delivered quarterly results that failed to impress investors who had sent their stocks soaring.
The selloff following the tech giants' reports after the bell underscored investors' elevated expectations following an AI-fueled stock market rally in recent months that propelled their shares to record highs with the promise of incorporating the technology across the corporate landscape.
Alphabet dropped 5.6% after the Google-parent's December-quarter ad revenue missed expectations.
Alphabet also said its spending on data centers to support its AI plans would jump this year, highlighting the costs of its fierce competition against AI rival Microsoft.
While Google Cloud revenue growth slightly topped Wall Street targets, boosted by interest in AI, Microsoft's Azure grew faster.
Microsoft beat analyst estimates for quarterly revenue as new AI features helped attract customers to its cloud and Windows services. However, its stock fell 0.7% in extended trade after briefly hitting an intra-day record high earlier on Tuesday.
Optimism about AI pushed Microsoft's stock market value above $3 trillion this month, eclipsing Apple NASDAQ:AAPL .
Chipmaker Advanced Micro tumbled 6% after its forecast for first-quarter revenue missed estimates, even as it projected strong sales for its AI processors.
Shares of Nvidia NASDAQ:NVDA , which have surged 27% in January after more than tripling last year on AI optimism, also gave back some of those gain in extended trade, last down over 2%.
Server maker Super Micro Computer NASDAQ:SMCI , another company that has benefited from AI-related demand, dropped over 3%. Earlier on Tuesday, it had climbed to a record high after delivering amazing quarterly results the day before.
The main technical graph for Nasdaq-100 Micro E-Mini Futures CME_MINI:MNQ1! illustrates that bearish channel is in development in this time, where 17800 points is the upper (resistance) side and 17000 points level becomes attractive to watch.
3-months mid-term VIX Futures spread (the difference between front, February, 2024 VIX Futures contract CBOE:VXG2024 and May, 2024 VIX Futures contract CBOE:VXK2024 that is 3 months ahead) still is in Bearish mode, saying there's no panic yet on the streets.
50/200-hours MACD says btw, bearish sentiment becomes more active.
AAPL Feb 5th B earish H&S setup updateSharing #AAPL update from TTR
AAPL H&S setup here. Today’s high is testing the weekly resistance. If it can’t close above and gap above it tomorrow, it’s a very negative price action to me.
The main H&S target is at 164.50-162
RSI is below 50, as well as MACD is below 0
🍎Apple🍎 is Ready to Fall at least ➖5%🍎 Apple is moving in the 🟡 PRZ (Price Reversal Zone) 🟡.
💡If we look at the last 4-5 Apple candles in the daily time frame , we can see some Bearish Reversal Candlestick Patterns at the same time: Evening Star Candlestick Patten, Shooting Star Candlestick Pattern, Bearish Harami Candlestick Pattern.
💡Also, another sign of the end of this upward rally can be shown to us by the Stoch RSI indicator .👇
🔔I expect Apple to have a bearish trend in the coming days and at least fall to the 🟢 Support zone($182.95_$181.30) 🟢 and fill all the 🔵 Gaps 🔵.
Apple ( AAPLUSD ) Analyze, Daily time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
AAPL long term Damage two GAPS DOWN The chart posted is APPLE the drop down had fib relationships back up but each failed to FILL the GAP see arrows I do not see very good things going forward . it is a net gain less that TBILLs for the last 24 months if is traded down to 152 I would look at it but not till then
AAPL Announces New Event for Upcoming Mac Computers Apple Inc. (AAPL) has recently announced an upcoming event that promises to unveil a groundbreaking range of Mac computers, and I couldn't wait to share this thrilling development with you.
As an avid trader, you're well aware of the immense impact Apple has had on the tech industry, consistently pushing the boundaries of innovation. With this new event on the horizon, AAPL is poised to once again redefine the landscape of personal computing, and the potential for extraordinary growth is undeniable.
Apple's unwavering commitment to excellence, coupled with its ability to capture the imagination of consumers worldwide, has consistently propelled its stock to new heights. This event is expected to be no different, and I firmly believe that now is the perfect time to consider a long position on AAPL.
By investing in AAPL, you'll be positioning yourself at the forefront of this exciting wave of innovation. Apple's Mac lineup has long been revered for its sleek design, powerful performance, and seamless integration with the broader Apple ecosystem. The upcoming event promises to introduce cutting-edge advancements that will undoubtedly captivate consumers and drive significant demand for these new Mac computers.
As an astute trader, you understand the importance of staying ahead of the curve. By long AAPL, you'll not only be capitalizing on the imminent surge in demand for these revolutionary Mac computers but also positioning yourself to benefit from Apple's robust ecosystem, which includes an array of complementary products and services.
So, let's seize this opportunity together! I encourage you to carefully consider a long position on AAPL as we eagerly await the unveiling of these new Mac computers. By doing so, you'll be leveraging the potential for substantial gains while aligning yourself with one of the most innovative and influential companies in the world.
If you have any questions or require further information, please don't hesitate to reach out by commenting below. I'm here to assist you in any way I can.
AAPL | Day Trading | 10-24-2023NASDAQ:AAPL
Trend & Moving Averages:
Trend: The general trend appears to be bearish, as prices are descending over the duration of the chart.
Moving Averages: There's a clear crossover of the short-term orange moving average below the longer-term blue moving average, further confirming the bearish sentiment.
Support & Resistance:
Bearish Line: The chart shows a bearish trendline that the price is attempting to break above.
Bullish Line: A bullish trendline also exists, indicating levels where the price has found support in the recent past.
Support: The stock appears to have solid support at the "Target Price 2" level around 169.93 USD.
Resistance: Resistance seems to be at the "Target Price" level around 174.72 USD.
Candlestick Patterns & Price Action:
The last few sessions demonstrate a mix of bullish and bearish candlesticks, suggesting volatility and indecision.
The latest candle (on 24th) is a small bullish candle. If it's followed by another strong bullish candle, it could signal a potential short-term reversal.
Volume:
Volume Profile: The volume appears to be relatively stable with some spikes. Notably, there is a significant volume spike on the last day. High volume accompanying a price movement can be a strong indicator of the strength of that movement.
The most recent bullish candle is accompanied by a notable increase in volume, which could indicate strong buying interest.
Notable Price Levels:
Bullish Line: The stock is trading close to this line. A break above this line could suggest a short-term bullish sentiment.
Bearish Line: If the stock moves downward and breaks this line, it could indicate further bearish sentiment.
Target Prices: These are potential price points where the trader expects the stock might move to. It's important to watch these levels as they can act as psychological levels of support or resistance.
Summary:
The Apple Inc. chart portrays a bearish trend with potential signs of a short-term reversal, given the recent bullish candle with high volume.
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The juggernaut that is the iPhone user base is soaring higher than ever before! 📈📱 Yes, you heard it right! As an esteemed trader, this extraordinary growth presents an unmissable opportunity for you to become a part of the Apple success story.
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By joining forces with Apple Inc., you can embrace a new era of extraordinary returns. 🍏💰 As the iPhone user base grows, so do the countless opportunities to maximize your profits. Indulge in the prospect of investing in an iconic, technologically pioneering company that remains ahead of the pack. Seize the chance to ride the waves of success alongside Apple, the visionaries who revolutionize the digital landscape.
So, let's not just stand on the sidelines and watch this phenomenal growth unfold. I wholeheartedly encourage you to jump on board and long Apple stock today! Let's enjoy the immense wave of prosperity together.
For further details and personalized assistance, please feel free to comment below.
Microsoft Breakout?Often MSFT can lead the market.
If this stock is breaking out of a daily range it will likely help propel the indices and cloud stocks higher.
With the second largest company in the world showing technical strength, one has to sway slightly more bullish.
if this breakout fails than one can lean more bearish. As of now this is a bullish move for MSFT
AAPL Downgraded by KeyBanc: Weak Sales Outlook Raises ConcernsIntroduction:
In a recent development, KeyBanc has downgraded Apple Inc. (AAPL) due to a concerning weak sales outlook. This downgrade has sent shockwaves through the market, prompting traders to reevaluate their positions and consider potential shorting opportunities. In this article, we will delve into the reasons behind the downgrade and discuss why traders should exercise caution when dealing with AAPL.
Understanding the Downgrade:
KeyBanc's downgrade of AAPL stems from their analysis of the company's sales outlook. They have identified certain factors that indicate a potential decline in sales, thereby raising concerns about the stock's future performance. As traders, it is crucial to pay attention to such expert opinions and assess the potential impact on our investment strategies.
Reasons for Weak Sales Outlook:
Several factors contribute to the weak sales outlook for AAPL. KeyBanc highlights the following key concerns:
1. Slowing iPhone Sales: The iPhone has been Apple's flagship product, accounting for a significant portion of its revenue. However, KeyBanc predicts a potential slowdown in iPhone sales due to market saturation and intense competition.
2. Trade Tensions: The ongoing trade tensions between the US and China have the potential to disrupt Apple's supply chain and negatively impact its sales. Any escalation in these tensions could further hamper AAPL's growth prospects.
The Call-to-Action: Consider Shorting AAPL with Caution
Given the weak sales outlook and KeyBanc's downgrade, traders should approach AAPL with caution. While shorting AAPL may present an opportunity for profit, it is essential to consider the following factors:
1. Conduct Thorough Research: Before initiating any short position, conduct comprehensive research to understand the potential risks and rewards associated with shorting AAPL. Analyze the company's financials, market trends, and competitor performance to make informed decisions.
2. Diversify Your Portfolio: Shorting AAPL should be part of a well-diversified investment strategy. Avoid placing all your bets on a single stock, as this can expose you to unnecessary risks. Diversification helps mitigate potential losses in case the market responds differently than anticipated.
3. Monitor Market Sentiment: Keep a close eye on market sentiment and news updates related to AAPL. Any positive developments or changes in the company's outlook can quickly impact stock prices. Be prepared to adjust your trading strategy accordingly.
Conclusion:
KeyBanc's downgrade of AAPL based on the weak sales outlook highlights potential challenges for the company in the near future. While shorting AAPL may offer profit potential, traders should exercise caution and conduct thorough research before making any investment decisions. Diversification and monitoring market sentiment are essential for managing risks effectively. Stay informed and adapt your trading strategy accordingly to navigate the uncertainties surrounding AAPL's future performance.
AAPL TARGET REMAINS 205/211 I AM LONG CALLS SINCE172The chart posted is that of aapl bearish and bullish wave structure point to a final peak into 205/207 we would need to break 169.3 to bring an end to any bullish wave structures I maintain we are now in the short squeeze time window in the sp 500 and apple will see it turn for the BULL TRAP
AAPL Hit as China Imposes iPhone Ban on State Entities
It has come to our attention that the Chinese government has recently banned iPhones from state companies and agencies, which could have significant repercussions for AAPL's market presence and sales in the region.
China has been a crucial market for Apple, contributing a substantial portion of its global revenue. If enforced strictly, this ban may result in a considerable decline in iPhone sales and subsequently impact AAPL's financial performance. As traders, we must stay informed about such market events and evaluate their potential implications on our investment strategies.
Considering the potential risks associated with this ban, I encourage you to exercise caution and consider pausing any further investments in AAPL until we have more clarity on the situation. Apple is expected to release its new iPhone soon, and it would be prudent to closely monitor the developments surrounding this ban before making any investment decisions.
It is worth noting that this is not the first time Apple has faced challenges in China. The company has previously encountered regulatory hurdles and intense regional competition, impacting its market share. However, Apple has demonstrated resilience and adaptability in the past, and it would be wise to await further updates on their response to this ban before taking any action.
As always, conducting thorough research and consulting with your financial advisor before making any investment decisions is crucial. Keeping a close eye on the news and market trends will help us navigate these uncertain times and make informed choices.
Please feel free to comment if you have any questions or concerns. Let's stay vigilant and make well-informed decisions as we approach the launch of the new iPhone.
Apple -> Now Getting Long!Hello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Apple 💪
Starting on the monthly timeframe you can see that after Apple broke out of the clear triangle formation in confluence with the bullish moving averages, Apple created a strong rally of 30% towards the upside, breaking major resistance.
On the weekly timeframe you can see that Apple is already approching previous resistance which could be acting as support and considering that this level is the previous all time high I certianly do expect at least a short term bullish rejection.
However on the daily timeframe everything is still looking quite bearish - therefore I am waiting for a break and retest of the $183 daily structure level before the daily timeframe is also ready for more bullish upside.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset: