Get started

Aapltrading

APPLE: Is this 1D MA50 rejection something to worry about?AAPL is neutral on its 1D technical outlook (RSI = 51.445, MACD = -1.220, ADX = 19.718) as it is getting sold emphatically today following Friday's rejection on the 1D MA50. That was the first time to hit the 1D MA50 in 2 months, so this rejection may be just short term profit taking. We can basically see two Channel Down patterns, very similar with each other. On November 2nd 2023, when the 1D MA50 also broke following a price rebound inside the S1 Zone, it also gave a pullback on the following session. If tomorrow we see a recovery, then we might be on a similar recovery path towards the R1 level. Our target is just under it (TP = 199.00). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:AAPLLong
by InvestingScope
6
APPLE: In danger of repeating the Bear Cycle fractal.AAPL could be on the verge of completing November's insane rally that restored bullishness on the 1W chart and keeps the 1D technical outlook in green (RSI = 64.212, MACD = 3.520, ADX = 54.247) as it is failing so far to cross over the LH trendline of the Bearish Megaphone pattern. A structure that up until now is identical to the Megaphone that led to the 2022 Bear Cycle. In fact the correction started on the current leg we are at that got emphatically rejected on the LH line. After the 1D MA50 failed to support, the selloff (first of that Bear Cycle) extended as low as the 1.618 Fibonacci level. Currently that is at 150.00. Conversely, on January-February 2023 rally, it was the 1D MA50 that held and provided Support, which in turn had the uptrend continue and extend considerably higher to July's All Time High. Consequently, if the 1D MA50 holds, expect a similar March-July 2023 type continuation of the uptrend, especially if the Fed decides to finally step in and start cutting the Interest Rate. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:AAPL
by InvestingScope
AAPL, Crucial Views, Massive Triangle-BREAKOUT Emerges!Hello There! Welcome to my new analysis of AAPL on the 4-Day Timeframe Perspective. Within the recent stock market, there are many stocks that show huge bearish inclinations and major downside accelerations as investors became much more conservative because of recession, inflation, stagflation, and war economy events through which investors are rather looking for save heavens such as GOLD or Sector Stocks that really can unfold their potential, either up or down. In this case, it is highly necessary and inevitable to pick those stocks that have a breakout and more importantly target zone completion potentials as I have spotted the most worthwhile setups within the market these times. When looking at my chart now AAPL within this whole chart has completed a gigantic formation which is the most prevalent channel formation, In this formation AAPL completed the wave count before attempting a crucial breakout above the upper boundary as it is marked in my chart. Now, as AAPL continues with the range channel breakout it is forming a highly important formation because AAPL has several major levels within the zone above which AAPL is forming this crucial formation. The most important levels are the supports above which AAPL is now trading determined by the Pre-All-Time-High Support-Zone, the Ascending-Channel Lower-Boundary Support-Zone, the 40-EMA in blue as a major support, the 20-EMA in orange as a major support. Above these levels, AAPL now continues with forming the primary triangle formation which is about to be completed within the next time. As it is market in my chart the triangle formation is going to complete with a final breakout above the upper boundary which is going to mark the final Triangle-Breakout Confirmational Setup from where AAPL is likely to continue into the breakout direction with an overwhelmingly high possibility. Currently, a major consideration is how fast AAPL continues with the breakout and how the momentum is going to accelerate finally reaching the determined target zones. Especially when institutional open interest increases here pumping a load of fresh liquidity into the market this is likely to provide the necessary fuel for the price action to accelerate much faster than the underlying price action is actually determining. In all cases, once the breakout has shown up as it is marked this is going to activate the target zones as they are marked within my analysis chart. The only thing that could invalidate such a scenario is a massive supply shock rolling in because of major supply chain disruptions and increased inflation that is accelerating above all expectations. This, however, is not the most likely scenario currently, and therefore I am keeping the symbol in the data dashboard to determine further re-evaluations once they changed. In this manner, thank you everybody for watching my analysis of CHFAUD. Support from your side is greatly appreciated. VP
NASDAQ:AAPL
by VincePrince
14
AAPL, Major Trend-Dynamics, Volume, Momentum and Targets!Hello There! Welcome to my new analysis about AAPL on several timeframe perspectives. As AAPL has shown up with this huge bearish price-action to the downside testing the remaining supports at 175 this has been a crucial dynamic from where AAPL should determine further dynamics of its future price-action because if the breakout below the previous supports settled this would trigger a lot more bearish positions to the downside as even already seen before since the pullbacks from the all-time-high area. The fact that AAPL firstly formed the reversal lows here now does not mean AAPL is completely bullish forever however with the formational structure within the local 4-hour timeframe perspective AAPL could setup the major reversal to determine initial target-zones within the structure from where the momentum should be measured once they are reached. If the momentum moves on as it already established before this will provide the price-action for a much larger formation to be completed here. The much larger formation which will be completed once AAPL shows up with the appropriate momentum is a massive ascending triangle formation within the channel and once it has been completed with the necessary momentum it will activate the target-zones mentioned. The final confirmation is going to setup once AAPL formed the breakout out of the boundary into the trend-direction. Especially, if the establish Consumer Demand Expenditures do not decrease further this is likely to accelerate the price-action-dynamics. Thank you for watching my analysis. Support from your side is greatly appreciated. VP
NASDAQ:AAPL
by VincePrince
6
AAPL rose sharply and broke throughAAPL rose sharply and broke through This chart shows the weekly candle chart of Apple stock for the past 4 years. The graph overlays the bottom to top golden section at the beginning of 2020. As shown in the figure, after rebounding to a small peak in January 2022, Apple's stock broke out of the enlarged triangle consolidation pattern. After stepping back on the 0.809 level of the golden section in January this year, it rose sharply and broke through the highest point in 2022, reaching around the 1.618 level of the golden section in the figure! The next strong pressure level is at the golden section of 2.000 in the figure!
NASDAQ:AAPL
by Think_More
AAPLE: Buy after this minor pull back.Apple is trading inside a four month Channel Up on an almost overbought 1D time frame (RSI = 69.133, MACD = 4.100, ADX = 62.578) supported on the short term by an HL trendline. We expect a pull back near the 4H MA50, which has been the most optimal buy during this Channel Up period, ideally with the 4H RSI near its S1. We will buy and target the upper band of the Channel (TP = 200.00). A crossing under the Channel Down would be bearish and will force us to close the buy in loss and sell instead to the 4H MA100 (TP = 182.00). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:AAPL
by InvestingScope
9