AAPL Apple Options Ahead of Earnings If you haven`t sold the Double Top on AAPL:
or reentered here:
Then analyzing the options chain and the chart patterns of AAPL Apple prior to the earnings report this week,
I would consider purchasing the 172.5usd strike price Calls with
an expiration date of 2023-11-17,
for a premium of approximately $5.35.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Apple
Nasdaq - A Black Friday Blowout Sale?Using the SPX as a reference for ease of use, at the beginning of the November rally I asked whether or not manipulation would come after we saw a 5% rally in 3 days just because the U.S. Treasury decided to spam bonds at a lower, but still already highly inflated, rate in Q4 than they did in Q3.
SPY - Did We Bottom, Or Is Manipulation Coming?
The week before last, I cautioned bulls who believe in the "Santa Rally" thesis that we may just see sideways and manipulation back down with the end of year target being merely 4,600 and not 4,900.
SPX - Santa Ralliers: You Better Keep Your Eyes On The Clock
And for the record, I haven't cared about this rally because I haven't had a position, since there was never a retrace I never went long and shorting has looked bad, and turned out to continue to be bad.
But Friday the 17th marked the monthly Options Expiry (OpEx), and we predictably spent the day sideways. The next week ahead is U.S. Thanksgiving on Thursday, where the markets will be closed for the last time before Christmas, and then Black Friday the day after.
Although there is little news drivers this week, except for Employment on Wednesday and PMI on Friday, I posit that since the Nasdaq set a double top with its July high, we may very well see a 1,000 point "Black Friday blow out sale" this week that sets up a December rally that takes out the All Time High.
Keep in mind after this week, starting with "Cyber Monday," we still have four trading days to complete the November candle, and so we most certainly can dump an awful lot and rally an awful lot to finish the month some 2 or 3% away from where we closed on Friday.
The dangers in the markets are exceptional at the moment, however. Xi Jinping visited San Francisco for the climate theatre conference, where he met with the Biden Administration.
What this event indicates to us is that the International Rules Based Order is extending Xi, who is a Chinese nationalist, an olive branch to cede his control of China and form a critical hub in the coming One World Government.
But the IRBO has never been so intelligent as to understand that it cannot out maneuverer the Red Dragon of the Chinese Communist Party, for the Devil Red is a scourge who has come to ensure that humanity and all of its related souls are totally annihilated.
At the root of the conflict is the 24-year persecution of Falun Dafa, originally started by former Chairman Jiang Zemin on July 20, 1999. The campaign has targeted 100 million spiritual believers, even going so far as to commit the unprecedented sin of live organ harvesting.
Although Xi has been killing the Jianglings for more than a decade in his Anti-corruption Campaign, Xi is still the head of the CCP, the Red Dragon and Destroyer of Worlds, and this is a problem for him that he will either solve by overthrowing the CCP in a coup Gorbachev-style, or Heaven will solve it for him by sacking the Emperor's Bedroom in Zhongnanhai and Beidaihe.
For the IRBO, the problem the whole world faces is that the supposed "International Police" (and its Wall Street financial vanguard) have been staining their hands sanguine crimson with the Jianglings in Shanghai-Babylon all these years.
The sins are so extremely massive that they can never be fully paid for, and they still aren't doing their part to wash their hands and social distance from the Devil Red.
Instead, they're doing everything they can to expand the CCP's Zero-COVID Social Credit system worldwide.
And this is going to cause a Dark Winter for humanity. When that day comes, your indexes and your memestocks, your "Magnificent 7," even, will all trade like crypto dumpstercoins because no market making algorithm will be available to pump and dump, and at the same time everyone will be desperate to sell, with no buyers available.
But the good news is that when that day comes, you won't be paying attention to money anymore. Instead, what is unfolding in this world will be the only thing notable, and you won't have any interest, or any need of, following CNN and NYT and Xeeeeeeeeeeter for updates.
The information will come from a combination of your own eyes and another platform, one pure and clean.
Lord Jesus once told his followers: "Whoever has eyes, let them see. Whoever has ears, let them hear."
The blind and the deaf will be culled, and such is the nature of the trial all souls face.
AAPL forming bullish falling wedge, break will lead price higherAPPLE
price is forming a bullish falling wedge pattern, if price make a bullish break of the wedge and continues to hold above the structure, I expect the price to move higher towards the next resistance..
Trade Wisely
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
$AAPL Double Top Pierce Double Top Pierce: The term "Double Top" refers to a technical analysis chart pattern characterized by two consecutive peaks at approximately the same price level, indicating a potential bearish reversal. The term "Pierce" in this context could imply that the price has briefly moved above the second top but failed to sustain that level, reinforcing the bearish outlook of the Double Top pattern.
Taking Profits: Your decision to take some profits following this pattern suggests a strategic move to capitalize on the recent price increase. This is a common practice among traders and investors who aim to lock in gains when they suspect that the stock price might soon decline or enter a consolidation phase after a significant upswing.
The Double Top pattern, especially if it's a "Pierce," suggests that this upward trend might be reaching a potential turning point or at least entering a period of price consolidation.
This analysis points to a cautious approach, where recognizing the Double Top pattern serves as a signal to secure profits from the stock's recent gains. It’s crucial in such scenarios to closely monitor further price action and volume, as these can provide additional clues about the stock’s future direction. Additionally, staying informed about any fundamental changes in the company or broader market conditions is also important, as these can influence stock prices beyond what is indicated by technical patterns.
$AAPL Double Top Pierce The current technical analysis of Apple Inc. ( NASDAQ:AAPL ) suggests the stock has undergone a 'Double Top Pierce.' This pattern is significant in technical trading as it could indicate a potential bullish reversal if confirmed. Now, for this pattern to be validated, NASDAQ:AAPL needs to establish itself above the double top line, which in turn becomes a crucial support level.
### Understanding the Double Top Pierce in NASDAQ:AAPL
- **Double Top Formation**: Originally, a double top pattern signifies a bearish reversal, marked by two high points at a similar price level. However, a pierce through this level changes the narrative.
- **Piercing the Top**: NASDAQ:AAPL breaking above the double top line suggests a potential shift in market sentiment or strength in the stock, countering the bearish implications of the original double top.
### Confirmation Above the Double Top Line
- **Becoming Support**: The line which previously acted as resistance in the double top formation is now expected to serve as a support level. This is a common phenomenon in technical analysis, where breached resistance levels transform into support.
- **Confirmation Requirements**: For this transition to be confirmed, NASDAQ:AAPL needs to maintain its position above this line. Traders often look for a clear, sustained close above this level, preferably with accompanying high trading volume for added confirmation.
- **Watch for Retests**: It’s not uncommon for the stock to retest the new support level after breaking above it. A successful retest (where the price bounces back from the support line) would further confirm the strength of the new support.
### Implications for Investors and Traders
- **Bullish Indicator**: If confirmed, this shift could be a bullish indicator for NASDAQ:AAPL , suggesting that the stock may continue its upward trajectory.
- **Entry Points**: For those looking to enter or add to a position, a confirmed support level provides a potential entry point with a clear area for placing stop-loss orders.
- **Continued Monitoring**: As with any technical pattern, it’s crucial to continue monitoring NASDAQ:AAPL ’s price action, especially in relation to this key support level, to gauge the ongoing validity of the pattern.
In conclusion, the observation of a Double Top Pierce in NASDAQ:AAPL introduces a potential bullish scenario. However, the key lies in whether the stock can sustain its position above the double top line, thereby confirming it as a new support level. This development warrants close observation for those trading or investing in Apple Inc. stocks.
Apple Inc. (NASDAQ: AAPL) Started The Week WellApple shows strong development within a rising trend channel in the medium long term. This signals increasing optimism among investors and indicates continued rise. The stock has broken a resistance level and given a positive signal for the long-term trading range. The stock has support at dollar 174 and resistance at dollar 196.
Price Momentum
AAPL is trading near the top of its 52-week range and above its 200-day simple moving average.
What does this mean?
Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
APPLE This rally isn't done yetApple (AAPL) is on an enormous +12.5% rally since the October 26 bottom on the 1W MA50 (red trend-line). Last week, the price even broke above the top (Lower Highs trend-line) of the Falling Wedge pattern and then the 1D MA100 (green trend-line).
Despite the successive break-outs, this rally may not be technically over as the very same Falling Wedge break-out fractal in March 2022 extended as high as the 0.9 Fibonacci retracement level. As a result, we can see an extension to $195.00 before any short/ medium-term pull-back to the 1D MA50 (blue trend-line) again.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
"Apple Inc. (AAPL) Potential Upside "Apple Inc. (AAPL) Potential Upside: A Fundamental Analysis"
I believe Apple (AAPL) presents a promising opportunity with potential benefits and risks.
**Trade Idea:**
- **Entry:** Current market price
- **Stop Loss:** $172.08
- **Target:** $190/$200
**Fundamental Benefits:**
1. Strong financials and consistent revenue growth.
2. Robust product portfolio with a loyal customer base.
3. Potential for positive developments in upcoming product releases or partnerships.
**Fundamental Risks:**
1. Market volatility and macroeconomic factors may impact stock performance.
2. Dependency on a few key products, making the company vulnerable to market shifts.
3. Regulatory challenges in the tech industry could pose threats.
**Disclaimer:** Always conduct thorough research and consider your risk tolerance before making any investment decisions. This idea is for educational purposes only and not financial advice.
$AAPL timber*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
!! This chart analysis is for reference purposes only !!
If you want to see more, please like and follow us @SimplyShowMeTheMoney
Tesla - Remember, The Ponzi Always ContinuesSo, you've realized that Teslas aren't particularly great cars, EVs becoming a worldwide trend is a hoax, and that Elon Musk isn't any kind of very saintly very MAGA saviour of humanity during the end times.
And now that price is down a lot, we want to victory lap and short, because the public relations firms that are running the campaign needed to produce liquidity for banks and big money funds to buy told you to.
The problem with the short Tesla thesis right now is that Musk pledged a significant volume of his shares as collateral to get big money to finance his acquisition of Tweeter, (now known as Xeeeeeeeeeeeeeeeeeter), which by some accounts is worth some painful $15 billion compared to the $45 billion he (they) paid for it.
And so what this means is that there's been significant incentive to sell in the $250 range and buy back lower as a form of risk hedging, with the ultimate purpose of selling higher.
All for the sake of just making all the money without losing any of the money when Xeeeeeeter inevitably goes public in the future because Musk made it the manifest Western form of the Chinese Communist Party's social credit apparatus, WeChat, because Shanghai Gigafactory bro just loves the way the Party does things.
But the risk for bulls, and the economic system alike, is that "the best laid plans of mice and men oft go awry," which is to say that when it comes to gambling on Xi Jinping and his Chinese Communist Party, a fool is a fool.
One should oppose the CCP because it's responsible for the 24-year persecution against Falun Dafa's 100 million practitioners, and the campaign of live organ harvesting genocide that came with it.
Although that campaign was launched, and continued, at the hands of former Chairman Jiang Zemin, and Jiang is dead now, Xi is still the head of the Party, and the first thing you do when slaying a red dragon is sever its head.
Actually, the first thing you do when slaying a red dragon is sever its tail. Former Premier Li Keqiang, who was Xi's right hand man for a lot of years, recently died "of a heart attack," which is likely code for "was knocked down by Wuhan Pneumonia."
If the pandemic in Mainland China is killing the Xi Faction, the world has big time problems.
And it seems to me the recent conflict in Israel and the war that's being launched into Syria and Iran is probably to create a gateway to Mainland China, since Iran connects to Pakistan and Afghanistan, which are already U.S. controlled.
Everyone wants control of China and its 5,000 year history when the CCP finally falls.
So back to Tesla.
The logic is fairly simple.
Because 2023 started uppy, we expect 2023 to finish uppy. We do not expect things that start the beginning of the year on a moon mission to correct into the end of the year, because generally speaking the scam isn't played like that.
Which means that all dips are a dip to buy, and especially when we're finally printing prices under "$200," it's a dip to buy.
But the MMs are the most annoying of the most annoying people and like to run things to lows that are less comfortable. Shipping under $180 from $197 is a further loss of another 10%+, which means options expire worthless/devalue effectively, and everyone is a winner, winner, chicken dinner, except for you, who gets to finance happy hour, strippers, and cocaine at 1:31 p.m. on Halloween Tuesday.
Either way, it's worth expecting the May pivot to hold as a low, a higher low to form, and then we really do see the $320 parade into the end of 2023.
Ho, ho, ho, Happy Santa Rally.
Remember, the Ponzi always continues. By the time the ponzi stops continuing, all the bears will have long since been liquidated. The disaster sequence is when they take down bulltards who buy the dip, buy the dip, and buy the dip as it races towards zero.
And Tesla doesn't have that MULN-style landslide apocalypse pattern. That only happens when big bags are empty and nobody ever buys something again.
So all the price action is just shareholder printer selling.
Yet.
SPY - Did We Bottom, Or Is Manipulation Coming?In my preceeding posts, I'm actually "bullish" on equities in the fourth quarter.
SPX ES - Welcome To The Fourth Quarter Rodeo
Nasdaq Futes - You Wanted a Dip For That 'Santa Rally,' Aye?
And while I think this price action, coming on the back of news that the US Treasury will "only" issue $10 billion more worth of bonds this quarter (compared to like $160 billion last quarter), indicates that not only are we bullish, but going to take out the all time highs before year end...
I have reservations on this SPECIFIC price action being "The Bottom".
Before we go further, I will use the early space for those with low attention spans to warn you about the situation in Mainland China.
The Chinese Communist Party is the scourge of humanity that seeks to use all beings to destroy all beings. Xi Jinping is its head, and the Party will fall. When you kill a dragon, you kill it by chopping of its head.
But before you chop off its head, you often cripple it by chopping its tail. Former Xi Premier and right hand man Li Keqiang was killed by "a heart attack" recently, which is almost certainly code for the "Wuhan Pneumonia Pandemic."
The Party's 24-year persecution, and organ harvesting genocide, against Falun Dafa's 100 million practitioners is a sin that 100.00% guarantees the Party's destruction.
And that means it guarantees Xi's destruction, so long as he doesn't drop the CCP Gorbachev-style in time.
It does not look like Xi is that intelligent of a man to do that.
And so whatever bullish nonsense is arranged by Wall Street, who frequently sleeps with and transfuses blood to the Jiang Faction of the CCP, who are the architects of Falun Gong's persecution and the real evil force behind the Party and "China," to make sure that Communism globally can stay alive until the ruthless end, is subject to abject, merciless, brutal, and sudden truncation.
Meaning any rally can be annihilated by international events that are beyond the control of the so-called "controllers" at any time, for we fundamentally exist in a Cosmos that is inherently Divine.
There's some flaws on the SPY ETF, which is meaningful, because as I say many times, life revolves around banks and funds selling options and making sure they expire worthless.
When we look at the monthly:
October took out the June low, as I predicted earlier, but came up like a dollar shy of entering into the April wick.
Moreover, when we look at the weekly:
Which shows us more clearly the April-May double bottom is just 1%~ lower than the October low, and the $400 psych level is just 2% lower.
With this kind of a squeeze happening only 3 trading days into November's candle, and failing to take the high, we're primed to set up for an "outside bar" November that takes out BOTH the low AND the high of October.
But what this would mean is we're about to dump below the October low, where the real buying opportunity is.
But two problems with the theory are:
1) There's no news drivers next week except for Jerome Powell talking on Thursday.
2) The bull thesis has to complete by December 31 and we're running out of time
But that being said, when we had the October bottom last year, we had a 3-day 6% rally to open October before it turned around and took out the low and then rallied.
And when we had the COVID bottom because the Fed slashed rates to zero and started buying equities, the market had a 10% rally over the course of a few weeks and gave almost all of it back before setting the biggest highs of all time.
So this kind of manipulative behaviour is consistent with the market makers.
How to trade it? Well, if it doesn't go down next week then just blindly long anywhere and so long as you aren't buying calls with 0 or 3 days to expiry, you should be okay.
If it does go down, buy near the October low and under the October low.
The problem is no short setup has manifested as of Friday close, and so we can only sit on the sidelines and look for longs. Whoever was bigly long from Monday or last week should really have taken significant money off the table, cashing in and realizing those gains, this afternoon.
Don't forget the Dollar Index stopped just short of $108 and that's a big sign of coming manipulation and that we're too early.
This is how algorithms are programmed.
Good luck.
6% Surge For Apple Following Positive Earnings!Apple Inc. has managed to carve out a silver lining in its latest financial performance, with iPhone sales witnessing a 2.8% increase despite a general downturn in hardware sales. This growth stands in stark contrast to the significant declines in Mac and iPad sales, with Mac sales plummeting by nearly 34% over the year, highlighting the fierce competition and shifting consumer preferences in the tech industry.
On the financial front, Apple's revenue dipped slightly to $89.50 billion, a 1% decrease. However, the company's net income tells a more positive story, surging by 11% to $22.96 billion. The Q4 earnings report brought more good news, with earnings per share reaching $1.46, comfortably beating the $1.31 estimate and fueling a 1% gap up in stock price at market open, followed by a 2% rise at close.
Despite a tumultuous journey with a 16% drop from a July peak of $198, Apple's stock has rallied 36% over the year. The stock found support at the weekly 50 simple moving average in October and has since rebounded with a 4% rise in November, now 6% above the October low. Looking ahead, the stock faces a critical test at the $182 resistance level, which if breached, could set the stage for a new all-time high.
If you enjoyed this post, make sure to like, and follow for more quality content!
If you have any questions or comments, comment below. We reply to every comment!
See below for more information on our trading techniques.
As always, keep it simple, keep it Sublime.
#AAPL: Possible continued uptrend!Dear Traders,
Apple's stock prices are undervalued while we still think company is in well positioned to continue the bullish trend in upcoming months. While also looking at the current news event the new line up for the new iPhone also suggest that demand of apple products has increased.
20% upside in APPLEThe stock set into an impulse in Jan 2023 and completed the first wave up by Feb 2023 and corrected thereafter till the first week of march.
The wave 3 in the stock began in march 2023 and went on all the way till July and there after the stock was in complex wave 4 correction until last week.
The stock is now coming out of the 4th wave correction and could give a great "Santa Rally" beginning in November and extending till Christmas Day(or beyond).
The target for the 5th wave is projected around 205-210 zone.