AAPL : still targeting 240 UPDATE 1I try to avoid chop zone trades (areas between supply and demand levels) but depending on price action today, may look to throw on a weekly call credit spread if price retraces back up to 250 supply level.
Still targeting 240 as primary area to look at entering long position. Know your risk! Don’t over trade!
Aaplshort
AAPL : enter short at supplyHonestly can’t make up these levels. Stay true to your game plan and put consistency in your favor.
Waiting for A B C up for wave 2 of 1 of the larger c wave down for (B). I will be looking for price to enter back between 258 - 260, watch price action, then enter a short position with a first target price of $245.
AAPL : pullback before more upsideWhether we are in a corrective flat or zig zag for Wave X, my price targets are $238 or $225. I’m leaning more bearish but the $240/238 seems to be strong demand. I’ll watch price action there and if it fails, will look for a long position with a first price target of $270. The 270 area coincides with a 50% retrace of Wave W for Wave X.
$AAPL Why I am changing my bear case RSI Bullish DivergenceEven if temporary relief, I am changing my bear case of AAPL due to the RSI bullish divergence I am seeing on the daily chart. Also my target for the DIA/DJI I made has been reached. So right now I am looking at opening a long position on AAPL. I could be wrong and it stills heads down but I think we could be bottoming out both AAPL and the market.
Please do your DD. This is just my opinion.
$AAPL Lets see where it goes ABC correction still intactFrom the last idea, 1 of C went deeper than I expected. I think we have 2 of C today. We should now have a lot lower to go since wave 3 is always longest out of all waves. Also note that if wave 2 closes above wave 1 then we could be done selling and the ABC recovery is out of the door.
Please do your DD, just my opinion.
AAPL may be correcting to about 243/236this is the weekly aapl chart.
this is the 2nd time since feb2005 that the weekly RSI was been above 90.
in feb2005, aapl fell over 25%.
you will notice the rapid decline in aapl recently.
i have also included the regression channel and based on this observation, i feel that aapl will reach the top of the channel to about 243/236 perhaps.
i have also marked the steep decline in the RSI since the 90s of feb2005 and the current steep decline since the recent high 90s.
the dow will remain constrained as aapl corrects, in my opinion.
in feb2005, aapl was at 5usd and fell to about 3.50usd over the next 5 weeks.
Trading Pathways Analysis of AAPL H4 Chart
The outlined white arrow pathway is the predicted pathway that the AAPL will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at the exact turning points where AAPL will turn.
PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY FOLLOWING THIS ANALYSIS IS AT YOUR OWN RISK.
Eiseprod of Trading Pathways
AAPL down she goes (2020-2021 Market Crash)The market has gone crazy and I am not sure what is driving the market higher. All indications show most stocks are in overbought territories. looking at the 2003 expansion leading to the 2008 crash, I think we are headed the same path. We have had the long expansion since 2009 and I think we are headed for the same outcome as in 2008. I believe AAPL have topped out and we are headed down.
Do your own DD, this is just my opinion.
AAPL – Possible Double-Top and Bearish Trend CorrectionWaiting for bearish EMA Cross or $281 to enter bearish
Note - AAPL heavy market cap in relation to SPY should be watched for overall market correction.
Trade Entry
If we cross $281, I would verify EMA bearish cross and look for bearish Call Credit Spreads 14 days to 30 days out. Collect credit for options which you think will expire worthless as price falls.
I will update with specifics if/when I enter.
Chart Details
This could be the possible correction in AAPL we have been waiting for after over extended run.
Multiple gaps to fill. More gaps further down.
Last two Daily candles closed at almost exact same price ($300.58 and $300.60) double top.
RSI is turning down showing trend may be reversing.
Trend dots on Daily view confirm possible bearish trend confirmation.
Next Weekly view trend is bearish. I will update if Weekly trend confirms.
About Me
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
I am transitioning to my new website www.moneypatterns.com and have updated my name previously jbird7839. Same guy - new name. :)
Website will be ready for launch mid-January 2020. Thank you for your patience while I try to juggle everything and maintain the same standards.
Disclosure - I am long BTCUSD, GBTC. Short term GDX Bullish, SPXS Bullish
Read description, Ill be short: LONG BECKY; SHORT IDIOTS You are completely delusional and detached from reality if you are expecting a catastrophic drop in anything BECKY/SPY related
Go ahead, short the stock market while the fed pumps the money market with liquidity. You havent made money in 1 1/2months as a pedobear lmao why stop burning your capital now?
Trolling, on this website, ceased to entertain me when I realized that 99% of the people on this website are legitimately financially illiterate. 99% of you legitimately have zero understanding as to how capital markets around the world works. You idiots have no understanding of macroeconomic trends, which is why i will stop ridiculing you kiddos---it feels like im beating on a dead horse.
I do hope that you morons read this and stop burning your money www.newyorkfed.org
AAPL - 1HR Chart - Update After Morning Fake NewsAAPL sank premarket on actual facts from Credit Suisse. iPhone sales down over 30% in November. www.streetinsider.com(AAPL)+China+iPhone+Shipments+in+Nov+Declined+Sharply+-+Credit+Suisse/16236895.html
Then fake news from Trump tweet with no concrete material erases the factual data loss.
Bad news - We are getting screwed for theta time premium in options
Good news - This bump in price accelerated the 10WeekMA closer making it easier for this selloff to occur.
They are pumping the market hard into the holidays. I understand if people want to reposition or take the loss.
I am going to wait until after the tariff deadline - better or worse.
My opinion - Trump will look weak if he walks back tariffs without any actual deal being signed.
Question - What the hell is in the "Phase one" deal anyways? No one knows. There is zero information on how many phases, whats in each, etc.
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, and VIXY.
Short SPY, AAPL
AAPL - 4Hr Sell Signal - Bearish Trend Coming - 4hr, Daily, WeekAAPL had a selloff this morning which was erased by the Trump tweet "we are close to China deal".
Funny how this is timed right at the market open.
Trump and his buddies wanted to get in on some more cheap Puts before market goes down. LOL
Moving average is coming for this like a shark. There is no Trump savior at this point.
4Hr, Daily, and Weekly trends are all about to flip bearish. If 4Hr flips bearish, this will carry to the Daily and Weekly.
Since AAPL is a big part of SPY, this is the reason why price jumps and sinks together.
The point to jerking everyone around like this is to make us emotional. Emotional people make unreasonable decisions.
Tune out your emotion. Follow the math and moving averages in the pattern. It will show you the way through the fake news.
Daily view from yesterday.
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, and VIXY.
Short SPY, AAPL
AAPL - 10WeekMA Cross UnavoidabaleThe fake breakdown in AAPL and SPY is getting old, but the moving average cross is becoming unavoidable.
The blue resistance line in the AAPL chart is multi-year resistance (hard to breakout).
10WeekMA is pressing upwards toward this blue resistance line, leaving price no room.
10WeekMA is moving roughly $1 per day closer ($4.90 every 5 days).
With current white trendline ending 12/13, coinciding with tariffs, the moving average will be at $261 by this time.
Price will be $5 away from Moving Average right before Xmas.
Everything is lining up - although this is cutting is closer than I prefer.
Exits:
If price goes over $275 or new ATH's.
Pink Support around $240
Blue Support $180 (less likely until massive market selloff)
Please see Outter Space chart below for blue support/resistance lines reference.
JUST BECAUSE I THINK AAPL NEEDS A PULLBACK DOESN'T MEAN I HATE AAPL. PLEASE BE CONSIDERATE
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, and VIXY.
Short SPY, AAPL
AAPL - Weekly View - RSI Over 80! Bullish Trend since JuneAAPL Weekly view shows how overextended this bullish trend really is.
RSI is currently over 80 and has been over 76 since October.
Yellow ascending wedge protrudes out the top of the main blue multi-year resistance line. (from Outter Space AAPL chart)
In the history of AAPL, there are no instances where price spikes out the top in such a manner.
The blue resistance and yellow wedge resistance are leaving little option for price but to go DOWN.
I play the pattern, events, and cycle.
I do not hate AAPL because I think price will go down short term as a pullback. No hateful comments please.
Today's - AAPL 4Hr View chart and News
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, and VIXY.
Short SPY, AAPL, ROKU