APPL
The APPL of my bearish eyeI don't often look at stocks, but last week I saw the news that Apple had missed sales targets for its smartphone and delivered disappointing revenue projections.
So I checked the chart, and it doesn't look good for the next year if you are long APPL.
Here's the chart I quickly drew up last week:
Once we break the daily 200MA, I believe it will drop very quickly to around $150USD.
The larger short target is the weekly 200MA, at around $138USD, which has proved to be strong support for the past several corrections.
DR PEPPER REVISITED (DPS BUY)One of my very first pairs I posted- REVISISTED!
Here is a new plan, as I think now (and at a couple other lower prices) DPS is a decent medium term buy- meaning it's not going to be a day trade, but you're not going to be holding on to it for years.
Fundamentals: In this tricky market we have had towards the end of last week and in to this week, TECH stocks (FB, NFLX, APPL, AMZN, GOOG, NVDA, AMD, TSLA) have been all taking a beating, and stocks like DPS are being dragged with it. However, if this trend continues, people will likely SWITCH from riskier, more volatile stocks and go back in to the fundamentals such as food and beverage, utilities, energy, what have you. DPS has NO reason to keep going down, the company is the exact same company it was at >95$ a share.
Anyways, enough of the fundamentals. I'm putting in my buys and WILL UPDATE THIS CHART AS TIME GOES ON AS TO WHEN TO TAKE PROFITS! So if you're joining the ride, MAKE SURE TO FOLLOW ME OR BOOKMARK THIS CHART.
#AAPL may hit $200 in 2018 but that may be an all time high#AAPL may hit $200 in 2018 but that may be an all time high (for a long time)
Apple (AAPL) stock price analysis: My Elliott Wave Method based prediction shows a C Wave end mid-2018 at around $200.
The stock price may fall back to $110-120 range later but it needs further data to speculate.
[symbol="APPL"]APPL[/symbol] Is it Novice or pro Gap?What you think of APPL 's crazy moves?
Following positive Reports Earning on 1/August/17, ensued big Gap.
Novice Gap or was it a Pro Gap? (I think N Gap)
Hit Highest High of 161.xx, Now it can go in either direction; Analysts 'THINK' next stop is 170 , or down
I see NGap always(well, most of the times) reverse back to normal(150.XX ) range
10/August/17 was dividend pay day, and after hours reaction.
Now 14/August/17 , Gapped up again!
When there is too much of Gaps professional stay away from the stock.
AAPL CHANNEL- 2 shortAAPL is trading in a channel. Those who bought it some time back may be time to cash out. Light green line & DOTTED BLUE line may act as a support line. But would prefer price to reach the lower boundary of the low parallel channel before another long time buying. Trade @ ur own rick, chart is for fun and educational reason, you r liable for your trade )
Fibonacci APPL Extension/Retracement *Idea
This is my first time using fibonacci numbers. Just beginning to learn this strategy. I believe that there will be a pullback soon for APPL. My prediction is that it won't be anything significant. We have a gap support and resistance. Any comments and criticism is greatly appreciated. :)
AppleApple is the most poppular technology company in the word. The largest banks from USA invest to the company. It works on US National Security Agency. The company does not produce anything innovative phones, laptops, Apple watches.So, what is innovative? The marketing with the help of which occur great technical sales. But this is just a small part of its market capitalization. At the moment, there is another bubble inflating . By this, I believe that the Apple as a financial instrument is not interesting to a sensible investor.