Apple: Bearish Movements Face the Most Important Barrier Apple's stock has experienced a decline of over 9% from its peak price of $260 , recorded during the last days of December. The stock has seen a reduction in market confidence, with selling positions now dominating.
Crucial Barrier: The current $234 zone serves as a critical support level, where the upward trendline, the 100-period moving average, and the 61.8% Fibonacci level converge. This is now the most solid barrier to consider for the long-term upward trend. Persistent bearish oscillations that manage to break below this level could dismantle the current bullish formation and pave the way for a potential sustained bearish movement.
MACD: Both MACD lines maintain a negative slope, and the histogram oscillates below the indicator's neutral 0 level. This indicates that, on average, bearish oscillations in recent periods have been significantly stronger, and selling pressure may increase as the histogram continues to diverge further from the 0 line.
By Julian Pineda, CFA - Market Analyst
APPL
We might possibly see a brief bullish trend.The price is now falling back into the buying zone, indicating that we could see a brief bullish trend. We would enter with a 0.5% position upon reaching the buying zone and add another 0.5% position if the price holds above the resistance rather than falling below it. The take profit would be set at the target level. This setup could result in a good, short uptrend.
Apple appears to be in a bullish trend for the near future.We observe a similar pattern to what occurred previously with APPL. Additionally, the Dynamic RSI indicator suggests that Apple could rise further. Therefore, we are setting the buy zone at the blue level. For Apple, two take profit levels have been set, meaning the strategy involves selling 50% at the first take profit level. Should the price return to the buy zone, we plan to reinvest the 50% for the second take profit.
APPLE 270 - 300 - 320 TP BY 2025 Apple's potential to reach a stock price of $320 by 2025 is significantly bolstered by its strategic shift towards artificial intelligence (AI). Here are key reasons why this could happen:
AI-Driven iPhone Upgrades: Apple is poised to enter what analysts describe as a "multi-year AI-driven iPhone upgrade cycle." This cycle is expected to drive significant hardware sales as consumers upgrade to newer models equipped with advanced AI capabilities. The introduction of Apple Intelligence, a suite of AI features, is anticipated to make the iPhone more compelling, encouraging upgrades even from users with relatively new devices.📷📷📷
Expansion in Services Revenue: With AI, Apple aims not just at hardware but also at enhancing its services ecosystem. Features like Apple Intelligence are expected to spawn new AI-driven apps and services, creating new revenue streams. This could lead to a multi-billion-dollar increase in services revenue, which traditionally accounts for a substantial portion of Apple's income.📷
Market Sentiment and Analyst Predictions: Recent analyst upgrades reflect a strong bullish sentiment on Apple's stock due to its AI strategy. For instance, Wedbush has raised the price target to $325, suggesting Wall Street might be underestimating Apple's growth potential in the
AI space. This optimism could drive investor confidence and stock value upwards.📷📷📷
Innovation and Market Positioning: Apple's focus on on-device AI, privacy, and security differentiates it from competitors. By integrating AI into its core products like Siri, Photos, and even the new iPhone SE expected in 2025, Apple can maintain or even increase its market share in both developed and emerging markets. This is particularly relevant as AI becomes more integral to everyday device usage.📷📷
Regulatory Adaptation: Despite facing regulatory challenges, Apple's ability to adapt and navigate these issues while continuing to innovate in AI could further solidify its market position. Compliance with new laws while maintaining innovation could be seen as a testament to Apple's strategic foresight, potentially boosting investor confidence.
APPLE: Short Trade with Entry/SL/TP
APPLE
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short APPLE
Entry Point - 242.84
Stop Loss - 246.57
Take Profit - 235.15
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
APPLE Big circle building editionSmart phones, some of them look pretty nice tbh.
However, something I read recently about cloud storage really interested me with apple.
Among other things obviously, like big stacks of cash.
Apple has a lot of money essentially.
Apple has a lot of talented people.
SF real estate is scary.
TA and chart description.
basically, we are under a short term trend break and have a lot of indicators pushing a top with a drastic overextension, so you might expect a possible rebound from all of that in alignment. Which you can then notice the gap at 154, and see how it can close that gap and essentially climb in a stable path to nearly 400 after creating some massive support at the 263 mark.
Excited to see how this one moves in price, Excited to see what apple comes out with in the future.
Good luck trading.
Guideline is to show the idea, try not to follow it, instead focus on the price targets and trends.
Apple DOWN! Not Fruits or healthy food in MC DONALDS.We can see the selling volume some days ago, that was an important one, ¿WB?
Apple is retesting as the whole S&P seems to chop chop this quarter, remember that was going up when Crypto was Chopping.
Opened the short yesterday, with a tight SL just in case-
Let´s see.
Para pa pa pa Loving IT
APPLE What Next? BUY!
My dear friends,
APPLE looks like it will make a good move, and here are the details:
The market is trading on 225.00 pivot level.
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 - 229.14
Recommended Stop Loss - 222.52
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
ETH/BTC Inverted - Apple / Blackberry. Times different?
Don't follow alt coins much nor Ethereum but I decided to check out the ETH/BTC pair inverted it and found a very strong similar pattern that Apple and Blackberry made after the dotcom bubble.
Apple as the strongest competitor in the smart phone scene left Blackberry spinning in circles with a last jump to try gain market share resulting in a fail of the share price.
Today? we see Ethereum playing out in similar fashion where Bitcoin started then Ethereum tried to tail the success of Bitcoin's innovation.
PoS could be similar to trying to put a physical keyboard on a smart phone.
If this is the case and Bitcoin goes on the run I expect it to, this could be the final wave of Ethereum's market share.
Is there an AI bubble around the corner?Are semi conductors forming a rounded top or will they bounce on the trend support line? If you are even asking yourself if this is a serious question you are probably already late. get your calls asap. don't wait for the trend line support bc semi conductors are leading the way into AI. looking at the 265 calls sept 27 at the open on monday...
APPLE Stock 22% Gain - Profit Target 2 Reached!The APPLE stock price crosses over the Risological swing trader dotted line on on May 3, 2024 giving us a clear bullish trade setup.
LONG Trade Setup
Entry 185.5
Current trailing stop loss at : 203.6
Overall gain from the entry: 22%
Last profit target is at 254.5
Congratulations, who made profit!
Apple is a great buy once it exceeds 240!
The stock experienced an extended period of consolidation, during which it formed several bullish chart patterns, including the Double Bottom and Rounding Bottom.
After the price broke above the neckline of the Rounding Bottom, the stock surged to reach an all-time high close to the 237 level.
Since then, it has retraced nearly 17%-18%, returned to its support level.
Now, with a robust rebound underway, the stock is approaching its resistance zone, and there are strong expectations for a significant breakout.
The optimal buying opportunity lies just above the 240 level.
AAPL Signals Short Term DropOf the 71 times AAPL triggers a sell on my RSI indicator (the magenta arrow at the bottom of the chart), the stock drops 97.143% of the time in the following 25 trading days. During 37% of the successful drops, the stock moves upward for 1-4 more days after the signal occurs in what I call the delay period.
What qualifies as a successful drop? The sell signal was triggered based on the closing price of AAPL stock on July 10, 2024 at 232.98. This means 97% of the time the stock will move below this closing price in the near-term. 2.85% of the time, the stock does not drop below this price over the following 25 trading days. The stock has always dropped below the signal closing price by at least 0.266% over the next 100 trading days.
On the chart above, the red boxes at the top are the delay zones of interest. The larger red box contains 100% of all delayed movement. The smaller box contains the stock's top or peak of the delay for 50% of the occasions. The same holds true for the two large green target boxes on the bottom. The final downward movement bottoms in the smaller green box 50% of the time, while the much larger green box contains bottoms or valleys for all downward movement.
This delay period of potential continued upward movement has historically had a maximum 3% gain before the stock eventually dropped. Regarding the bottom of the drop. Over the next 25 bars, it can occur on any day in the range with the median bottom occurring by day 8. 75% of the bottoms have occurred before day 18. The stock drops a minim of 0.266%, and median of 5.021%. 25% of the bottoms are no lower than 2.152%, while 75% of the drops are 8.3% or less.
The four shallowest drops over the next 25 days have been 0.266% (September 2010), 0.312% (February 2017), 0.827% (March 2019), and, 0.868% (August 2020) while the four deepest drops have been 63.23% (August 2000), 26.58% (December 1999), 26.51% (January 2006), and 24.80% (September 1999). The most recent double-digit percentage drop was 15% in April 2019. All shallow drops occurred in the most recent strong bull market, while the largest drops were part of the dot-com bubble burst.
While this current potential drop will likely avoid the sharper end of sell-offs, it is always interesting to see the strength and accuracy of signals. Historical movement is not indicative of future movement, but it is good to have as a data point.
Big Tech is nearly at All time High's. Just 3% away!It has doubled since the peak Recession fears of 2021
#BTC has also more than doubled
#SOL has 4 or 5 X'd
This chart is combined price chart of
#Googl
#Appl
#MSFT
#Amzn
#NVDA
#NFLX
#META
U can see the two head and shoulder tops in 2021
and also the inverse head and shoulders in 2022
The clean break and run.
And also the Bull Pennant which has already bullishly triggered 3 weeks ago.
From these levels if that Bull pennant target is to be met (log scale)
It seems this basket has another 30% move left in it.
Testing Vix Cheat Sheet on Apple, 5 days + 4.11%The Viz cheat sheet indicator reveals that if the Vix closes above the upper Bollinger band ($19.01) during the next 5 days that means the Apple stock price will increase by 4.11% to $174. Currently the Vix is around $18.
I've tested this indicator the Vix cheat sheet before with quite impressive results.
Apple (AAPL): Rangebound with Support in Sight?Key technical levels and potential price swings for Apple stock.
Apple (AAPL) has been trading sideways within a well-defined range of roughly $168.25 - $197.30. The recent price action has seen the stock gravitate towards the lower boundary of this consolidation zone.
Technicals hint at a potential reversal:
Given the stock's close proximity to support around $168.25, a rebound back toward the weekly pivot point could be on the horizon. This would align with a return to the midpoint of the established trading range. Additionally, the presence of a double-top pattern near the upper end of the range bolsters the support argument.
Breach of support could trigger a selloff:
However, a break below the critical $168.25 level could ignite further selling pressure, potentially pushing the stock lower. Notably, a breakdown below the neckline of the double-top formation would provide a strong bearish signal, significantly increasing the likelihood of a more substantial decline.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions.
APPLE STOCKS HOLDING SUPPORT!! HI TRADERS
As i can see APPLE Stock is holding this support and new products are coming in market to boom the APPLE Stock Prices technically also it is holding on support our risk rewards ratio is fantastic on this & its just a trade idea shares your thoughts with us we appreciate Ur love and support stay tuned for more updates.