APPL
Market Update 9/13/2022: What You Need to KnowJust watch the video. That's Why I make them: To not type. I'm not time stamping this one because is meant to be watched in order. If you want to know what to look for, you only need to spend at most 4-6 minutes watching.
Take care and good luck on your trades.
I stream every week day from 9:15 to market close.
Market Recap and Current MovementsI stream every market day at 9:15 EST. 15 minutes before the us stock market opens. Come join us. I usually stream for 4-7 hours every day and will answer any market related questions that I can.
This is a 20 minute video, but I talk fast. There is a lot to cover, but it is worth listening to.
This goes over more than just Nasdaq, but Nasdaq is the core of the movement having a potential gain of 6.5% from its current location before facing great resistance. If you watch the video you will understand why I do not only look at nasdaq to look for movement on the nasdaq or for the overall market direction.
I go over USD/JPY, NDQ, APPL, SPY, and VIX mainly.
I mention oil at the end, but to save you the trouble, there seems to be a possibly huge move incoming at ~$80
You can check the linked ideas below to get a more in depth view of how we got to here, but I think the video wraps it up well.
Top pick for Forex is still UDSJPY, though there may be a pull back based on current bullishness in the stock markets affecting the DXY.
A bearlish scenario for AppleWall Street estimates that Apple will sell 142 million iPhones in 2019, down from 167 million the year before, and in line with the number sold in 2017. Apple has managed to push up the price of the average iPhone sold, from $652 in 2017 to an estimated $768. But that, predictably, has hurt demand.
It’s unclear whether the next generation of iPhones, due in the fall, could re-energize demand. Wall Street isn’t expecting much, as analysts see essentially flat iPhone unit sales in 2020, as well.
VIX TO INFINITY AND BEYONDI'm expecting a violent move up from the VIX in the coming weeks. Market is running on borrowed time short term imo. We are one major event happening from a melt down. September is typically a bearish month. There still isn't a lot to be bullish about if you really think about it. Be safe out there everyone.
$APPL Can Fall Now - W Pattern CompletedTraders and Investors, Apple Inc ($APPL) has completed a W pattern which can push the price down. It also has reached an areas of resistance so we can can expect a move down. The downward arrows show the possible bearish targets. However, if the apple stok breaks above the starting point of the W pattern and crosses the limit, then we should look for further bullish targets into 200s.
Manage the risk and make sure that you are watching stock movement closely along with US30 (Dow Jones)
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
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Take care and trade well
-Vik
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📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
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$AAPL $AAPL - Who doesn't love a good 'Juicy' $APPL?!
We at clear resistance zone, I'd ideally like a PB.
Key Tip: You can't actually learn by those Instagram profiles full of 'strategies'. The only way of learning how to trade would be getting hands on experience by validated traders with track record. There're various stages in learning it's like mountain you learn the technicals, fundamentals and then you got the psychology aspects which a lot of manipulations in general happens regarding in the market and outside of the market, which very few understand... This industry is full of 'social media gurus' but make sure you tread carefully.
Here's a great statistic for you: 80% of all day traders quit within the first two years.
All the best,
TJ
Apple Called LongA month ago we posted an analysis of a Long on Apple as it was breaking the Falling Wedge and this movement anticipated and also led the SP500 and the Nasdaq100 and if you look at the last analysis we posted of the BTC that is close but it hasn't broken the Falling Wedge yet.
Apple has earned 22% so far since the breakout of the patter.
If you like our work Follow us, look at our charts, like and comment, we are very grateful.
LPI, grow with us.
SPY LOOKS LIKE A DUMP COMING - BUT WE KNOW SPY LOVES TO LIEAll,
Pretty obvious rising area here which usually results in a dump. Personally I would be split here on calls and puts and wait for conformation. I give it 70/30 odds it drops.
However, I think we all know SPY/market loves to give an impression and do the unthinkable.
A) can we get positive news on war
B) can we get sp500 ER / good news on some ones that are down
C) positive fed news of any kind / inflation news
A combination of TWO of these would probably breakup and cause a parabolic move up if that I think to 440-450. Either way always make sure to cover yourself in areas like this. You can always sell your call options for a 10-20% loss, which will easily get covered by your PUTS. Don't get greedy.
Apple is just a monsterApple is actually a monster. its hard to comprehend the amount of money that flows into apple and then you go on the weekly and see its up 7 weeks in a row its hard to beat it when its on trend. however its also crazy to think the bottom was predicted by the major 0.38fib with hardly any drawdown suggesting apple is strong in my opinion. with the release of the new style watch, newer iPhones and consumers yet to slow down on spending your forecast looks good. even if they have a slowdown if economy gets really bad I believe its a company you have to buy the dip it. I've learnt my lesson on how fast it can move from the bottom.
however I also know when the market has ran to hard to fast and judging by multiple factors apple to me needs to retrace. targets are set see what happens
APPL to 90$Michael Burry is short on aapl.
So i wanted to see what he see in an EW perspective.
You can see that we have a 5 wave move up, finished Wave A and now in wave B.
If it goes above the High, then the only possibility is an expanded flat correction or instead of ABC down, we completed w4 and is now onto W5.
Apple stock analysishello guys
As can be seen in the picture, Apple stock has formed a double top pattern and should go down at least to the indicated range, i.e. a fibo level. Until the price reaches this range, only short position is offered. It is also possible for the price start upward movement from the first compression demand.
This analysis will be updated.
Good luck!
S&P 500 Lifetime reverse in motionAs per the chart, and it's been awhile I posted. Was waiting on indicators to follow through and it did. We closing the month up from the first half of the year drop.
Entering a long position here with some liquidity backing incase it struggles. But it looks like well posed to launch off.
$AAPL - What's going to happen next?LT View: $AAPL - What's going to happen next?
This a LT view of APPL - Monthly chart we are within a range, now here's thing why am I looking at stocks right now well as we have the key rates escalating higher, the further I want be keeping an eye on LT stocks I want part of my portfolio and one of them is APPL It's a company I firmly believe it isn't just 'phones' there's various other stocks that's very interesting within the company and there so many others but this is one of them I am showing you today.
Now we are technically within a range of: H = 160 / L = 130 a break to either direction is my key intrust - i'd love a dip below 50 EMA 110 Areas. However, it is one I am keeping an eye on technically and fundamentally as we see Nasdaq brewing nicely as well.
TJ
(Not Investment Advice)
(AAPL) Apple Analysis I'm basing this analysis on the tools listed below in addition to my own observation of APPLs reaction to key FED data and market health indicator data. Apple has surpassed the bearish trend line channel shown in black, without fail the stock returned to the bottom of the channel fast and hard when this occurs. I believe we are currently in a technical recession and that hasn't been fully priced in because the FED and the White House don't want to put that idea officially in the market for their own best interest... if you were President would you want to be known for having a recession during your time in office... with re-elections coming up... I think not. There is a reason some of the biggest companies have opted for splits during this time, it's because they see the writing on the wall and much harder times coming 2022 - 2023 but I digress, check the chart and good trading.
-The red vertical lines indicate a day of important market moving data
-The yellow adjacent squares represent a mirroring overall pattern noticed between the two sections after crossing the above mentioned red data lines
-The yellow line running parallel is the 200 EMA
-The green dots are key areas that seem to occur just before and after key (-/+) data releases
-The green line is the projected path of next weeks
-The Black lines are the high & low trajectory channel of the bearish trend since the stock peaked in December 21'
$129 Retest before earnings
Tools
200 EMA, Swing High & Low Candles, and Trendlines W/ Breaks
Apple downside indicatorsThanks for viewing,
Why would anyone be bearish on a stock that has gone up over 200% in the past 18 months? I'm just watching the chart.
If you look at the chart you see some concerning trends, mainly;
- Volume dropping off since March 2020 as the price increases meant the stock was less and less of a bargain.
- Some rather strong RSI bearish divergence - where every higher price highs are shown as lower highs on the RSI - which is at the least a sign of slowing momentum.
- Dividend return having significantly weakened in 2021.
- Higher inflation, which tends to drive investors to seek higher dividends or safe havens (since the US10 year isn't a safe haven anymore with an annual return of 1.44%. Given the CPI for October 2021 sits at 6.2%, that yields a *negative* 4.76% annual return that counts out treasuries as a safe haven). Apple has scope to raise its dividend as it currently only pays out around 25% of net profit as dividends - but right now the dividend is rather negative and should the price rises stall I would imagine we could start to see some strong selling pressure as investors see their unrealized gains melt away or leveraged traders / investors turn negative.
When I am watching the RSI I watch for 3 peaks of lower highs that then pushes the RSI below the 70 level. Once that happens, prices tend to weaken and I would expect an RSI of sub 40 to be next for a significant retracement. I don't have a target yet but After its 2000 peak it retraced 80%+ and ~60% during the 2008-9 financial crisis, so the downside is clearly there for anyone to see. Bearish RSI divergence was also evident in 1999-2000 and 2007-8.
I tend to agree with Michael Burry's general thesis that stocks that have priced in significant future growth will be hardest hit during periods of inflation.
Anyway, just putting it out there. I am not an investor and not shorting.
Look after those funds everyone
BTC Comprehensive UpdateYes, this is a 20 minute video. But I speak quickly. This Idea is meant to be watched as a video. If you do not watch the video and only read below, you will not get much from this idea or may get the wrong idea.
Overall I have been short (Not in market) since the reversal in the stock market on April 5th and 6th. I go over all this in the video and I talk fast. So there is a lot of information to see.
I don't want to put investment strategy short, because I don't really want to say that where the price currently is, is a good spot to short. It seems odd to too heavily before any non crypto markets are open, but after they closed for the weekend. Considering the market was pretty obviously bear on Thursday and Friday.
Possible targets if we drop below 28k and have some bad price action are then to around 26.9k and most likely between 22.35k and 23.3k.
For me to feel bullish on BTC I would have to see several things. It is too complicated to explain without showing the chart, but I mention it in the video.
It is worth the watch. I reference the most important things that I look at to determine bitcoin price movement.
Based on the Schiff pitchfork, It looks like the lack of movement in BTC is actually distribution and that we have failed to hold the key channel (Jun 1st). We also had a hard rejection of the top of the current channel on Jun 6th.
If you have any questions feel free to leave them below.