APPLE Analysis - Continuous, Just as the Markets !This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators.
* Trend is Based on TrapZone Color
* Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves.
* Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply & Demand
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1-16-2024
GREEN TrapZone with RED UMVD. Price sliding as US MSI also points to weakening in the market. Hold On to You Hats I Say :)
Apple
Apple - Go Long NowHello Traders, welcome to today's analysis of Apple.
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Explanation of my video analysis:
In 2019 Apple prefectly retested the previous all time high and started creating a solid rising channel formation. As we are speaking Apple stock is once again retesting the lower support of the channel which is perfectly lining up with previous resistance now turned support. If we see bullish confirmation on the smaller timeframes, I am looking for new long setups on Apple.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Apple and Berkshire: Understanding the Dynamics of a StrategicUnveiling the Magnificent Seven: Analyzing Berkshire's Relationship with Apple and the Tech Giant's Future Prospects
The term "Magnificent Seven" encapsulates a prestigious group of megacap companies valued collectively at around $13 trillion. These titans represent approximately one-quarter of the S&P 500 index and over one-tenth of all publicly traded stocks by market capitalization.
Among the illustrious members of the Magnificent Seven are Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla. Remarkably, Berkshire Hathaway holds a stake in only one of these esteemed companies. Under Warren Buffett's stewardship, Berkshire initiated its investment in Apple during the first quarter of 2016, gradually elevating it to the conglomerate's largest holding. Nevertheless, Berkshire divested approximately 10 million shares of Apple in the fourth quarter of the preceding year, sparking speculation about potential further sell-offs in 2024.
Despite the recent reduction in Berkshire's Apple holdings, Warren Buffett's favorable sentiment toward the tech giant remains steadfast. He previously lauded Apple as a "better business" compared to any other company within Berkshire's portfolio. Such sentiment likely endures, as evidenced by Berkshire's substantial 43% allocation to Apple within its $372 billion stock portfolio as of the fourth quarter's conclusion, indicating a resolute conviction in the investment.
However, Berkshire's decision to trim its Apple shares may be influenced by concerns raised by analysts like Jordan Klein at Mizuho. Issues such as sluggish iPhone sales in China and the introduction of the Digital Markets Act (DMA) in Europe have cast shadows of uncertainty over Apple's future revenue streams. The DMA mandates digital platform operators to accommodate third-party app stores and alternative payment options, potentially impinging on Apple's revenue channels.
Investors eagerly await Berkshire's first-quarter trading activities, slated for disclosure no later than May 15th through a Form 13F filed with the SEC. Until then, investors must contemplate whether Apple remains a compelling investment opportunity at its current valuation amid prevailing market conditions.
Apple boasts a significant advantage in brand authority, a testament to its engineering prowess. By seamlessly integrating captivating hardware with exclusive software, Apple crafts a distinctive user experience highly sought after by consumers. This allure is further heightened with the proliferation of Apple devices, endowing the company with considerable pricing power. Notably, last year, the average iPhone commanded three times the price of the average Android smartphone, according to eMarketer.
This brand authority has propelled Apple's dominance across various consumer electronics segments. Leading global smartphone shipments last year, Apple also clinched top positions in tablet and smartwatch shipments, alongside a noteworthy fourth place in personal computer shipments. Recognizing the intermittent nature of hardware purchases, Apple strategically diversified its offerings with a suite of complementary services, effectively capitalizing on its expansive user base, which now exceeds 2.2 billion devices.
However, Apple encountered a setback in the first quarter of fiscal 2024, ending Dec. 31, 2023, reporting lackluster financial results. While revenue edged up 2% to $119.5 billion, robust services performance was offset by declining sales in the iPad and Wearables categories. The services segment witnessed notable expansion, propelled by robust advertising, streaming video, and cloud storage revenues. Additionally, bolstered by share buybacks and the ascendancy of high-margin services, gross margin surged by 290 basis points, with GAAP earnings spiking 16% to $2.18 per diluted share.
Despite these gains, a concerning trend emerged in China, where sales plummeted by 13% in the December quarter, with iPhone sales slipping further by 24% in the subsequent six weeks of 2024. This contrasts sharply with Huawei's remarkable 64% surge in sales, posing a formidable challenge in the region. CEO Tim Cook remains sanguine about China's long-term prospects but acknowledges the need for vigilance, given its significant contribution, constituting about 17% of Apple's revenue.
Looking ahead, Grand View Research anticipates a 6% annual growth rate in the consumer electronics market through 2030. Moreover, mobile application sales, mobile wallet revenue, and digital ad spending are forecasted to experience substantial growth rates of 14%, 28%, and 15% annually, respectively, during the same period. These markets present pivotal opportunities for Apple, with the App Store alone contributing about one-third of its services revenue.
Despite Wall Street's bullish outlook, forecasting a 5.8% annual sales growth and 8.3% annual earnings per share growth over the next five years, concerns linger regarding Apple's current valuation, standing at 27.4 times earnings. Moreover, challenges such as dwindling iPhone sales in China and potential regulatory impacts on App Store sales in Europe inject further uncertainty. Given these considerations, prudent investors may opt to exercise caution with Apple's stock, with a potential inclination towards reducing exposure if already invested.
bullish scenario of the second wave of the sideways correction pDear analysts and traders,
I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules.
As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering different scenarios that are likely to occur in the market. It should be noted that I do not like to be surprised in the market, and that's why I have different market prospects. I follow them to be sure and recognize the structure that is forming so that I can 100% recognize it.
I will share my analysis with you, but please note that I am not providing any buy or sell signals. My perspective on idea analysis is completely unbiased, so if the idea analysis meets your standards, you can use it as a guide to make an informed decision.
I have attached my previous analysis of the same market so that you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand. However, having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily.
I have been studying the Elliott Wave Principle for almost three years now, and over time, my understanding of this knowledge and experience has grown. What I have achieved so far is the legacy of a genius called Ralph Nelson Eliot, and I am really happy with my progress. May peace be upon him.
Thank you for your support so far. I will always remember your kindness. Please share your comments and criticisms with me.
I hope my analysis will be useful to you in your business journey, and I wish you all the best.
Sincerely,
Mr. Nobody
BITCOIN, WTF TRENDS EDITIONBitcoin has some crazy trends.
But everyone says I'm crazy, so I've really got nothing to lose, haha.
Basically, everything is overextended, but not really.. if that makes any sense.
It puts bitcoin rejecting somewhere between now and 48k, and dropping to like 32k, which then has it returning to 54, which then has it going to like 12k, which then shows 120k.
How likely is this scenario? LOW. Very low, and even lower that it is similar to what I've drawn.
But also.. Not impossible.
So, here it is. IF it should happen like this, you'll be prepared to buy into some massive fear.
If it doesn't happen. Then trends and price targets are still relevant.
SPX 5300 NEXT ?REASONS WHY !!
The S&P 500 (SPX) has been a barometer of the U.S. economy and a benchmark for global equity markets. Here are some reasons why we believe it could reach the 5300 mark:
Economic Recovery: The U.S. economy is showing signs of robust recovery from the pandemic-induced recession. This recovery is expected to drive corporate earnings growth, which is a key driver of stock prices.
Monetary Policy: The Federal Reserve’s accommodative monetary policy, including low interest rates, is likely to continue supporting the equity market. Low interest rates make stocks more attractive compared to other assets like bonds.
Fiscal Stimulus: Government spending and fiscal stimulus measures aimed at reviving the economy could provide a significant boost to various sectors, driving their stock prices up.
Technological Advancements: Companies in the technology sector, which have a significant weight in the S&P 500, continue to innovate and grow. This growth can have a positive impact on the overall index.
Vaccine Rollout: The successful rollout of COVID-19 vaccines is expected to lead to a strong economic rebound, as businesses reopen and consumers start spending again.
Inflation Expectations: Moderate inflation can be good for stocks. It often leads to higher prices for goods and services, which can translate into higher corporate profits.
Important Update on US Government Lawsuit Against AppleThe recent US government lawsuit against Apple has sent shockwaves through the stock market, causing many traders to reevaluate their investments in the tech giant. The lawsuit alleges that Apple has engaged in anti-competitive behavior by restricting competition in the App Store, potentially harming consumers and developers alike.
As traders, it is important to proceed with caution in light of this lawsuit. The outcome of this legal battle could have significant implications for Apple's future profitability and market value. Until there is more clarity on the situation, it may be wise to hold off on investing further into Apple.
It is crucial for traders to carefully monitor the developments of this lawsuit and consider the potential risks involved in holding Apple stock. By staying informed and making informed decisions, we can protect our investments and navigate this uncertain time in the market.
In conclusion, I urge all traders to exercise caution and refrain from investing in Apple until more information is available regarding the US government lawsuit. Stay informed, stay vigilant, and protect your investments.
Downtrend Reversal? Buy the Dip!NASDAQ:AAPL
As you know the justice department has issued an Antitrust suit against Apple. This news is going to cause a downtrend in the stock, as expected, because of reaction to the news. However, we can expect a reversal sooner than later.
Apple is at $172.28 as of 03/22/24
Buy until $168.52
Price target(s): $174.27, $178.79
(expectation of a downtrend if the price retraces from this high, it could encounter resistance because traders may be ready with sell orders here)
NIKE BULL AFTER EARNINGS 120Nike’s stock looks bullish over the longer-term after breaking up from a falling channel pattern on the daily chart1.
If Nike receives a bullish reaction to its earnings print and remains above the 50-day SMA, the eight-day EMA will cross above the 21-day EMA, which would be bullish1.
Wells Fargo analyst Ike Boruchow added Nike to his top picks list, stating, "We simply believe the recovery characteristics and self-help story now beginning at make for a more compelling long idea into 2024
LONG EURUSD TP 1.0930 REASONS WHY
Economic Sentiment in Europe
The economic sentiment in the European economy has shown signs of improvement1. This could potentially strengthen the Euro against the US Dollar. A positive economic sentiment often leads to increased investor confidence, which can drive up the value of the currency.
2. Interest Rate Decisions
Both the Federal Reserve (Fed) and the European Central Bank (ECB) are anticipated to initiate their easing cycles, potentially commencing in June1. However, the pace of subsequent interest rate cuts may differ, leading to potentially divergent strategies for the two central banks1. Nevertheless, the ECB is not expected to significantly lag behind the Fed1.
3. Technical Analysis
From a technical perspective, there are both bullish and bearish formations showing on the EUR/USD at the moment2. The pair remains as one of the more attractive venues for continuation strategies on USD-strength2. However, a sustained break below the key 200-day SMA at 1.0838 might ignite a deeper retracement1. On the upside, EUR/USD is expected to meet its initial resistance at the March peak of 1.09811.
4. Global Economic Factors
Global economic factors such as geopolitical tensions, trade policies, and global economic growth can also impact the EUR/USD pair. For instance, Europe’s front-line exposure to Russia’s war in Ukraine and the European Central Bank’s tardiness in raising interest rates have driven it to parity, or a 1:1 ratio with the dollar
The Power of Supply and Demand: Apple Stock Smart InvestmentAre you looking to make a smart investment with the potential for high returns? Look no further than Apple stock (NASDAQ: AAPL). In this supply and demand stock analysis, I will explore the power of supply and demand in driving the value of Apple stock and why investing in this tech giant could be a game-changing move for your portfolio. Read on to discover why now is the perfect time to jump on board with one of the most iconic companies in the world.
One of the key factors driving the success of Apple’s stock is its strong weekly demand level, which recently took control a couple of weeks ago at $174 per share. This demand level refers to the amount of interest and investor purchases in a given week. In simpler terms, it reflects how many people buy and hold onto Apple shares.
NIO STOCK TO 10 BUCKS REASONS !!Strong Fundamentals
NIO has been consistently improving its fundamentals. The company’s vehicle deliveries have been growing quarter over quarter, demonstrating strong demand for its EVs. NIO’s battery-as-a-service (BaaS) model is also a game-changer, providing a competitive edge over other EV manufacturers.
Innovative Partnerships
NIO’s recent partnership with CATL to produce EV batteries that can last up to 15 years is another bullish indicator. This collaboration could lead to significant cost savings for NIO and its customers, potentially boosting NIO’s market share in the EV space.
Expanding Market
The EV market in China, the largest auto market globally, is expanding rapidly. The Chinese government’s push for green energy and the growing consumer awareness about environmental sustainability are driving this growth. As a domestic player, NIO is well-positioned to capitalize on this trend.
NVIDIA 1000 SOON ?NVIDIA Corporation (NASDAQ: NVDA), a leading player in the technology sector, has been showing promising signs that could potentially drive its stock price to reach the $1000 mark. Here’s why:
Strong Financial Performance
NVIDIA’s financial performance has been impressive. In 2023, NVIDIA’s revenue was $60.92 billion, an increase of 125.85% compared to the previous year’s $26.97 billion1. Earnings were $29.76 billion, an increase of 581.32%1. This strong financial performance indicates a healthy and growing company.
Positive Analyst Ratings
The consensus rating for NVIDIA stock from 41 stock analysts is "Strong Buy"23. This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Future Growth Prospects
According to forecasts, NVIDIA’s revenue for the year 2025 is expected to reach $136.09 billion, representing a growth of 21.67% from the current year1. The EPS for the year 2025 is forecasted to be $30.41, representing a growth of 22.03% from the current year2. These growth prospects could potentially drive the stock price higher.
Dominance in AI and Gaming
NVIDIA’s pivotal role in the artificial intelligence market and its dominance in the gaming industry are key factors that could drive its stock price. The company’s GPUs are widely used in data centers, gaming, and AI, sectors that are expected to grow significantly in the coming years1.
Bullish Technical Indicators
Based on technical indicators, the current sentiment is bullish and NVDA could hit $2,813.93 in 20254. This might be a good time to open fresh positions on NVDA, as trading bullish markets is always a lot easier4.
While the road to $1000 may have its ups and downs, the combination of NVIDIA’s strong financial performance, positive analyst ratings, future growth prospects, and dominance in key sectors makes a compelling bull case for its stock.
Apple Set to License Google's Gemini for iPhonesAlphabet Inc., (NASDAQ: NASDAQ:GOOG ) the parent company of Google, is on the brink of a groundbreaking collaboration with tech juggernaut Apple Inc. A recent report has unveiled negotiations between the two giants to integrate Google's Gemini artificial intelligence engine into future iterations of iPhones. This move not only signals a significant stride in AI integration but also holds immense implications for the competitive landscape of the smartphone industry.
The Genesis of Gemini:
Gemini stands as Google's suite of generative AI tools, encompassing a spectrum of functionalities from chatbots to coding assistants. Developed by Google's AI experts, Gemini represents the pinnacle of AI innovation, promising to revolutionize user experiences across various platforms.
The Apple-Alphabet Nexus:
Amidst whispers of negotiations, Bloomberg's report sheds light on active discussions between Alphabet and Apple, aimed at embedding Gemini into forthcoming iPhone features. The potential implications are monumental, as Apple seeks to harness Google's AI prowess to augment the capabilities of its iconic smartphone lineup.
Market Response and Speculation:
The mere speculation of this partnership has catalyzed a surge in Alphabet's stock prices, with Class A shares soaring by 4.5% in premarket trade. Conversely, Apple shares witnessed a modest uptick, underscoring investor enthusiasm surrounding the prospect of Gemini-powered iPhones.
Impending Innovations:
If negotiations culminate in an agreement, users can anticipate a slew of groundbreaking features propelled by Gemini's AI capabilities. From enhanced voice assistants to predictive analytics, the integration of Google's AI engine has the potential to redefine the iPhone experience, setting a new standard for innovation in the smartphone arena.
Challenges and Considerations:
Despite the allure of this partnership, challenges loom on the horizon. The report indicates that both parties are yet to finalize the terms and branding of the AI agreement, raising questions about the scope and implementation of Gemini within the iPhone ecosystem. Additionally, concerns regarding data privacy and security warrant careful deliberation to ensure seamless integration without compromising user trust.
The Road Ahead:
As Apple gears up for its Worldwide Developer's Conference in June, speculation mounts over the potential unveiling of iOS 18 featuring Gemini-powered functionalities. Moreover, discussions with OpenAI underscore Apple's commitment to harnessing cutting-edge AI technologies to stay ahead in an increasingly competitive market landscape.
Buffett Trims Position in AAPL ! The End of the Apple Car Dream In the wake of Apple Inc.'s recent fiscal first-quarter results, a concerning narrative unfolds as the tech giant faces significant challenges.
Sales in China plummeted by 13%, amounting to $20.8 billion in the quarter ending December 30. This stark decline not only fell short of analysts' expectations, who had predicted $23.5 billion, but also marked Apple's weakest December quarter performance in the Asian nation since the beginning of 2020.
The downward trajectory doesn't seem to stop there. In a notable move, Goldman Sachs has removed Apple stock from its 'U.S. Conviction List,' casting doubt on the company's short-term prospects. This decision by one of the world's leading investment banks signals a loss of confidence in Apple's ability to outperform in the market.
Adding to the turbulence is the breaking news that Apple is winding down its ambitious electric car plans, ending a decade-long venture. According to reports from Bloomberg, the company is set to cut some employees associated with the Apple car project, with many expected to transition to focus on artificial intelligence (AI) initiatives. This strategic shift raises questions about Apple's ability to stay competitive in the rapidly evolving tech landscape, especially given the intensifying competition in the AI sector.
Adding to the mounting concerns surrounding Apple Inc. (AAPL), Berkshire Hathaway, led by legendary investor Warren Buffett, made a notable move in its latest 13F filing. Dated February 14 and covering the period ending December 31, 2023, the report reveals a strategic decision by Berkshire Hathaway to sell approximately 10 million shares of Apple.
My Price Target for AAPL is $168 by mid 2024.
APPLE Trading Opportunity! BUY!
My dear friends,
Please, find my technical outlook for APPLE below:
The instrument tests an important psychological level 170.73
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 176.80
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
APPLE - EASY RETURN BETWEEN 10% to 16%Nice areas to buy for a potential 10%-16% return on APPLE : Level Between $166 to $171 for a LONG opportunity.
- Algorithm are working towards liquidity zones
- Look previous posts with 90% accuracy on entry spot.
"He's aware of the underlying facts that escape the public eye"
Niverto
APPLE $AAPL - Feb. 23rd, 2024APPLE NASDAQ:AAPL - Feb. 23rd, 2024
BUY/LONG ZONE (GREEN): $187.15 - $196.20 (can be extended to 185.00)
DO NOT TRADE/DNT ZONE (WHITE): $181.50 - $187.15 (can be shortened to 185.00)
SELL/SHORT ZONE (RED): $175.40 - $181.50
Weekly: DNT
Daily: DNT, Lean Bearish
4H: Bearish
Currently would not enter in Apple, NASDAQ:AAPL , as I believe the current zone is untradeable, but something I would be looking for in the next week or so. Bulls could enter around 187.15, but an earlier entry might be above the current daily candle (also the current 4h structural high) around 185.00 or at the top of the bearish zone at 181.50. I did draw a bearish zone although I personally would not be looking to go short. The daily timeframe is lean bearish because the most recent level break was to the downside, weekly would need to see a new low (lower than the most recent two weeks) or a close below level 181.50 to be switched to bearish. 4H has strong bearish structure despite seeing two green days out of the last three.
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!