APPL
Oooh no AAPL is also biting the bullet
NASDAQ:AAPL
Looks like Apple can't keep up the fight and it's about to take a dive as well.
News:
Apple doesn't seem to be able to take a break from lawsuits. But realistically, the lawsuits have not really impacted the price. So, I'm not too concerned with the EU lawsuit.
Charts:
EMA ( Exponential Moving Average ): Price action just finally joined the rest of the stock market below the 200 EMA (discount buying opportunity) Price is also below 20/50/100/200 EMA and are all pointing downwards! And yes, the death cross occured on April 28th; last week. How long would the 20 EMA stay below the 100 EMA? We are yet to find out.
TTM Squeeze: Squeezing to the bottom and to make matters worse, the price action is breaking a major support line (super trendline; at the bottom of the Rising Wedge pattern).
Fib Levels: If the price crosses below .618, then there is a huge possibility that we will see the price at the 1 fib ($144).
Candle Stick: A 3 black crow in the making; very bearish.
RSI: At 37, and slow stochastic pointing down, there is a probability that it would touch 30 which also mean that the sell momentum is still hot! But it is not yet over sold. I would would not be selling my shares because of the upcoming Dividends. I got in this for the faucet as well.
Pattern: The current candle closes green, it would be a double bottom but I'm not sure that will happen. Longterm, we have a Rising Wedge but in the short-tem it's a descending triangle? I don't know mann... Apple is putting up a good fight.
History: Forget it, best stock in the market!
SELL APPLE TODAYGOOD EVENING,
1)we are above the VWAP .👌
2)the right order and strong condensation of the 4EMA.👇
3)bull divergence confirmed by STOCHASTIC .💪
4)protected by the last resistance. 💪
all these indicators say buy in a loud voice.
+ if it breaks the resistance buy at 182
+ if it bounced sell at 174
so BUY and open your wallets.🤑
GOOD LUCK.❤️
Breaking down APPL once again to the T!! Last years NASDAQ:AAPL analysis on my Tradingview was perfected to the T in detail. I'm glad to know that a lot of my followers took profit following my entries & exits.:) Go check it out on my page if you still haven't!
After hundreds of request since last year. I have decided to go ahead and make another breakdown for 2022.
**Disclaimer**
Before entering a trade three types of analysis should be performed.
Fundamental Analysis = The study of financial statements and economic news. (Overall Trend)
Technical Analysis = The study of chart history. (Entry & Exit Strategies)
Sentimental Analysis = The study of the markets current psychology and traders psychology.(Instinct)
After performing the three analysis below are my results:
NASDAQ:AAPL
Fundamental Analysis = LONG (BUY)
Technical Analysis = SHORT-TERM SELLING (Pull back into our LONG positions)
Sentimental Analysis = Market is taking a breather due to USD valuation increasing.
To better explain:
This means that right now momentum is headed downwards technically but the overall trend is up fundamentally.
So since we know the overall trend is upwards but we are currently headed downwards it creates the perfect timing to use our Fibonacci Retracement tool. A tool that is used to find important entry and exit levels in a trending market. Which is traditionally applied to the low & high of a trend. Here were my results:
As you can see in the chart above we have already retraced lightly down to the 23.6% fib level. Markets are showing a bit of a slowdown in momentum as US dollar decides it's next move. If momentum continues downward we can eventually see an amazing bargain price at the following fib levels below.
MY SUGGESTION:
Place LONG orders totaling anywhere from 0.5-5% of your total trading capital on each retracement level below:
(SPREAD THOSE POSITIONS!!)
23.6% = $172.50 (BUY) *Currently prices are around here*
38.2% = $166.00 (BUY)
50.0% = $155.50 (Great trade opportunity) (BUY)
61.8% = $119.15 (What i consider the PERFECT IDEAL TRADE) (BUY)
78.6% = $148.00 (ABSOLUTE BARGAIN!!) (BUY)
Take profit 1: $177.00 Secure about 10-25% of profits in this zone
Take profit 2: $182.94 at the previous ATH . (All Time High) Be patient and trust the process. Take some more or all profits at this level as well. This monster of a tech stock will most definitely return to break more records in the upcoming months when the continuation wave arrives. If not just stand back, take notes and analyze price action.
Take profit 3: $193 This would be the first take profit from the Fib Extension.
If you guys enjoyed this break down please drop a LIKE/COMMENT & make sure to go hit that FOLLOW button. Cya' Soon!
Apple Trend Briefing - 24th March. 2022When looking at a combination of indicators on the 15-minutes chart that best represents Apple's recent volatility, A kind of resistance line was found. When examining the minimum threshold for MACD and RSI, it shows strong support at the $151 level. Using the red line as a stepping stone, stock prices are currently active around the yellow line.
Apple at Trend Line? Apple - Short Term - We look to Sell at 165.65 (stop at 170.37)
We look to sell rallies. 50 1day EMA is at 164.00. Prices expected to stall near trend line resistance. The next barrier is the trend of daily lows at 150.00.
Our profit targets will be 150.18 and 141.15
Resistance: 165.00 / 170.00 / 182.00
Support: 150.00 / 140.00 / 135.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
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What happens when FAANG rises more than 5 times by 2000 days? Disclaimer: These assets are not for new traders or those who don't tolerate ULTRA HIGH risks. I don't recommend this trade (also I don't recommend any other trade). This is just my market view on the current moment. It could be TOTALLY WRONG. If my view changes in the future I am not obligated to update this idea or publish a new one.
APPLE - Purple War Zone!Hello everyone, if you like the idea, do not forget to support with a like and follow.
AAPL is overall bullish trading inside the brown channel and now approaching the lower trendline acting as non-horizontal support.
Moreover, the green area is a "Resistance turned into Support".
So the highlighted purple circle is a very strong area to look for buy setups as it is the intersection of support in green and the brown trendline.
As per my trading style:
I will be looking for potential bullish reversal setups on lower timeframes (like a double bottom, trendline break, and so on...)
Unless AAPL breaks the green zone downward aggressively with many big bearish candles, then it will become resistance again and we will be looking for sell setups on its retest.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
APPL potential for bounce | 11th MarchPrice near buy entry level of 156.34 in line with 78.6% Fibonacci retracement. Price can potentially bounce to the take profit level of 167.53 in line with 78.6% Fibonacci projection and 61.8% Fibonacci retracemen. Our bullish bias is supported by the stochastic indicator as it is at support level.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
APPL potential for bullish continuation | 10th MarchPrice near buy entry level of 155.96 in line with 61.8% Fibonacci retracement. Price can potentially go to the take profit level of 168.57 in line with 61.8% Fibonacci retracement and 78.6% Fibonacci projection. Our bullish bias is supported by the stochastic indicator as it is at support level.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Apple - Extremely Bearish Outlook - Andrew RoupasIn todays analysis, I will be looking at and breaking down the reasoning for my incredibly bearish stance against apple as we will be looking at the weekly time frame in todays breakdown. To begin, we can easily use prior levels of S&R in combination with Fibonacci levels of retracement, which in my opinion give us a clear map as to what will occur within the following weeks. We have obviously topped and this is clear by simple candlestick analysis as price has rejected numerous times on the Weekly and that the trend IMO is about to reverse. The floor is about to fall through and the first drop in price, based on fib levels that I have drawn, indicate $150 to be the target price which I have drawn a yellow line horizontally. Furthermore as we focus on the Moving average convergence divergence (MACD) specifically by focusing in on the histogram we can clearly see in my opinion a clear forecast of a drop in price. Buyers tried this past week to take back position, now that lower highs are being made and many buyers securing profits, this is a prime play in my opinion to short. Any comments or opinions would be greatly appreciated.
Apple March to $100Apple #1 in the Nasdaq 100 with the biggest weight. Although they seem stable, that doesn't mean they can not come down. Below are some key factors that would contribute to Apple selling towards $100.
Key Factors
Economic Slowdown, reduced revenue & earnings.
P/E Ratio is around 28x
1M & 1W have room to sell.
FOMC Decision.
Recession risk from raising rates.
Closed below 50MA and 100MA
Targets
$150 Short Term (2 weeks)
$140 Late February
$120 Long Term (Summer 2022)
200MA is $147.75 which is very possible in a 2-week span.