APPL Apple break down point. Be very careful and ready to buySo as you can see in the Andrews pitchfork for Apple's price action during the current bull run, we are concerned about this break down at the schiff line extension. Traditionally when asset price action falls below this line there is a buying opportunity. But there is also a concern that the trend has now turned bearish and will continue to break down. We are going to remain neutral on Apple stock for now until we see if we will be getting price closing below this area of concern. If we see the price start to recover and get back on the bullish side then we know we have a recovery of the old trend. This is not trade advice, but simply analysis based on fundamentals. Happy Trading!!!
APPL
NAS100 - 14K on the cards?We will seek entries closer to NY session, amidst stat releases.
BUY entries upon bullish engulfing as usual, HL's etc.
I'd consider BUY stops or market execution above 12700.00 - Not sooner as precaution due to the further testing of the downside as we do have negatives on US Tech at the moment along with a major timeframe head and shoulder possibility.
Despite Tech giants being in the red, I see them positively correlating shortly hence this long idea. Just standby on confirmations! After all, bloody stock screeners, lead to the biggest buys. Ever heard the term, ascending indice? Buy the dip?
All the best
PS its NFP!
APPL-Daily Here is Best Buy And Sell Area U have to Check them 🇺🇸 APPL Setup / Analysis
🕐 Daily Chart
📋 Educational
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🗒 Just browsing through my analysis means a lot to me.
➡️ Please follow the analysis very carefully and every detail of the chart means a lot. And always entry depends on many reasons carefully studied
Always enter into deals when there are more than 5 reasons
combined
➕ Key Technical / Reason's Natural
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✅ Bullish
if Daily Candle Break
133 Price
Bullish Target
148.750
✅Bearish If We Have
Daily Candle Break
127.50
Bearish Target Reversal
115.000 Area
breakout, new AH, backtest previous AH...as the title states some serious movement/confirmation today.... with a three day weekend coming FOMO and short-panic will set this up for another explosive week along with options expiring on the 19th... its fun to watch but would not consider selling anything under $200 a share... next week PT $15-20...
Consolidation Period. Then Continuation...Last week was def. a period of consolidation aside from the one day of pre-market pop. I expect this upcoming week to be more of the same, given the short selling pressure should escalate as we tick closer to the option expiration date for February. If you're sitting on the sideline and waiting for an entrance, I say this: At any given moment PR could send this to $15+... Also in regards to ARKG and Cathie/Simon... They haven't invested yet but they will eventually and if you are not already in when that happens well you're going to pay a steep premium. This is a great "set- it and forget-it" play... I think the days of day trading it are over... swings are still in play...GL to all... I still see a $20PT this month...
AAPL due for a breakout!The AAPL price has been in a downward trendline and the wedge pattern shows that but I think a breakout is very near around a couple of days. The MACD has diverged on multiple occasions, showing a bullish breakout is very imminent. However, a downward wedge could also mean a continuation pattern but I think it will go up massively to the resistance of its all-time high. WARNING! I am not a financial adviser and take this with a grain of salt. Happy trading!!!