AAPL/USD Daily TA Cautiously BearishAAPL/USD Daily cautiously bearish. *AAPL has just experienced a Death Cross (50 MA below 200 MA). Equities and crypto are both down again, as fears of a recession are currently being amplified by low unemployment + low growth + inflation and a very hawkish (and fashionably late) Fed.* Recommended ratio: 25% AAPL, 75% Cash. Price is currently trending down after being rejected by $149 minor resistance; the next support is at $138.46. Volume remains moderate and has favored sellers in three of the past four sessions. Parabolic SAR flips bearish at $135.74, this margin is mildly bearish. RSI is currently trending down at 45.39; the next support is at 35.61 and the next resistance at 57.58. Stochastic crossed over bearish in today's session and is currently trending down at 88, the next support is at 70.77. MACD remains bullish and is currently trending up slightly at -3 as it is beginning to form a soft peak just below -2.36 resistance. ADX is currently trending down at 20 and is beginning to form a trough as Price is falling down after a resistance rejection; this is neutral but can switch to bearish if it can confirm a trough formation accompanied by continued Price depreciation. If Price is able to bounce here, it will likely retest $149.05 minor resistance. However, if Price continues to break down then it will likely retest $138.46 support (which may coincide with the lower trendline of the Ascending Channel from January 2019). Mental Stop Loss: (two consecutive closes above) $149.05.
Aaplshort
AAPLAAPL GAMEPLAN FOR JUNE1,2022
Apple did sideways all day and getting rejected on resistance with a fake pump above it. At the end of the day, we can see a symetrical triangle. A break below 149 good idea to short and above 151 long.
Overall, no strenght on buying nor selling today. Traders were selling at 150.51 and then back down at it again. Good idea to observe at the open of the market.
AAPL Weekly AnalysisDrawing this curved channel we can see consistent rejections along the top (red) line, price has recently hit this line and been rejected
There are two options now for price recovery, at the yellow line, which is a trend established from previous price points
Or the 200MA (in green) which has conversely seen a lot of support touches
The 200MA entry is a more reliable choice in my pov
The breakdown is a result of a rising wedge pattern
AAPL - 60min also super bearishHere's the 1H view of the AAPL Short play.
The target at the centerline around 162/168 if we follow the rules of the pitchfork.
Don't jump the gun if you have not entered early.
I expect a pullback and it could hit very hard to the upside. So one who's intention is to hop on the train has to be patient and prepared...
Let's give it time and letting it play out.
#stakeandlobsterbaby
AAPL - Apple Turns At The CenterlineHere's a new view of AAPL.
Taking the Big-Boy Swing into the pitchfork tea leafe analysis, then we see that a potential mean reversion begins today.
The red pitchfork is a good projection for a potential target, of course at the CL.
I'm nicely short and wait for a christmas gift in the second quarter of this year §8-)
#whatgoesupmustcomedown
Apple Short Term Update
It looks like we may see a rally this week. The markets are oversold and we may see a few more days perhaps week of rallying. MACD for the 1D is showing that Apple could move higher. Unfortunately, the MACD on the 1M continues to edge closer to crossing, so the possible rally will be short lived.
Targets
- $168
- $172
-$ 176
If we can not break resistance of $166, we should follow the dotted yellow line back under $160.
APPLE almost ready for a SHORT setup.. Folks,
Here is my personal view on APPLE..
I am almost ready to hit the SHORT for a nice ride, I quess.
Again, no fancy, indicators or even volume.. Pure price action my friends..
Most important what markets make move is..
* Context.
* Momentum.
Why would I even short a strong rally like this?
Well we are in a trading range.. TIP study the basics of trading ranges..
And the markets tend to have inertia. That means the market will do for 80% of the time what the market has done.
That means if you would like to know what you can expect at the right of the chart just look at what has happened at the left before..
Inertia my friend. Don't forget!
Feel free to comment, share and make sure you follow for more to come..
AAPL exposure to Russia and ChinaThe U.S. warning China it could face devastating sanctions if it defies the ban on doing business with Russia!
This is a move that could have huge impact on American companies.
1.4% of Apple`s revenue comes from Russia, while 19% comes from China!
My price target for AAPL is $139.
Looking forward to read your opinion about this.
AAPL STOCK, DAILY ANALYSIS & OPPORTUNITIESPlan A:
If it breaks the support zone and crosses the
0.78 Fib which is at around 176.87, then we can
take a long position as we will expect it to
go up to 182.89 which is a previous high of it
Plan B:
If it give respect to the resistance at 0.78 Fib
by producing a red candle and reversing,
then we can take a short with a TP of 0.5 Fib
at around 168.82 which is strong support
Follow if you want further analysis of different instruments ;)
Good Luck ;)
AAPL H&S breakdown retest for bearish playHead AND Shoulders breakdown from a couple weeks ago. Was looking for a retest of the neck line. We got it today from "excellent" earnings from AAPL. Snagging Mar 18 puts at 160. Looking for AAPL to go down to 155 or SPY 400. EIther of those happen, I will be closing the trade.