Apple Stock Price Struggling To Fall Below 171!Apple price has been ranging for 9 weeks and seems to have found a temporary bottom at 171. In coming days, price expected to decline to retest 173 level and if price is rejected, then the stock price likely to surge towards 196. However, failure to hold price at 173, will cause price decline to decline further...
N.B!
- AAPL price might not follow drawn lines . Actual price movement may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades
#aapl
#apple
Apple
APPLE My Opinion! SELL!
My dear friends,
APPLE looks like it will make a good move, and here are the details:
The market is trading on 178.89 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 174.99
Recommended Stop Loss - 181.47
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
———————————
WISH YOU ALL LUCK
APPLE: Pullback and breakout buy levels.AAPL reached the top of the 1st Channel Down pattern, staying over the 1D MA50 on a green 1D technical outlook (RSI = 58.956, MACD = 0.610, ADX = 38.858). This rise originated after nearly hitting the 1D MA200, its continuation may very well do so on the 1D MA50.
Our trading strategy is to buy if it closes a 1D candle over the dotted line and target the 2nd Channel Down and the dashed line (TP1 = 185.00). A new crossing there would target the R1 level (TP2 = 190.00). If it fails to close a candle over it and gets rejected, we will buy just inside the Demand Zone and pursue the same target set. A Bullish Cross on the 1D MACD gives an edge to the upside.
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
Apple Apple (AAPL) stock declined during its recent trading at intraday levels, with the stock preparing to break the support level of 171.95, amid the dominance of a bearish corrective wave in the short term along a slope line, with negative pressure continuing due to its trading below its simple moving average for the previous 50-day period. We also notice the reappearance of a negative crossover in the relative strength indicators.
Therefore, we expect further decline for the stock during its upcoming trading, especially if it breaks the support at 171.95, then targeting the support level at 157.50.
The expected direction for the stock's upcoming trading: bearish
(The stock belongs to the information technology sector, as the company is involved in the design, manufacture and sale of smartphones, personal computers, tablets, wearable devices, accessories and other types of related services. The company was founded by Stephen Paul Jobs, Ronald Gerald Wayne and Stephen J. Wozniak in April / Nissan was founded in 1976 and is headquartered in Cupertino, California).
AAPL best level to buy/hold 65% gains swing trade🔸Hello traders, today let's review daily price chart for AAPL/Apple.
Overall, chart looks good, currently pullback/correction in progress.
🔸Strong sequence of higher lows and higher highs and new higher lows
new higher low expected near 150 usd. currently pullback in progress so it's recommended
to wait until pullback is over before reloading. higher highs at 178, 195, new higher high
expected at 240 usd later in 2024.
🔸Recommended strategy bulls: bulls should wait for pullback/correction to complete
near 150 usd later in Q4 2023, and be ready to buy low. BUY/HOLD setup for patient
traders only. final TP bulls is 240 usd, which is 65% gains from entry price. good luck!
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Apple -> Break And RetestMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only focus on price action and market structure 🖥️
I am trading the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Apple.
Looking at Apple stock you can see that Apple just perfectly broke above the previous all time high which was at the $175 level and is now retesting this previous structure so I simply do expect another push higher from here and the creation of a new all time high soon.
- - - - - - - - - - - - - - - - - - - -
I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy.
Keep the long term vision🫡
AAPL Downgraded by KeyBanc: Weak Sales Outlook Raises ConcernsIntroduction:
In a recent development, KeyBanc has downgraded Apple Inc. (AAPL) due to a concerning weak sales outlook. This downgrade has sent shockwaves through the market, prompting traders to reevaluate their positions and consider potential shorting opportunities. In this article, we will delve into the reasons behind the downgrade and discuss why traders should exercise caution when dealing with AAPL.
Understanding the Downgrade:
KeyBanc's downgrade of AAPL stems from their analysis of the company's sales outlook. They have identified certain factors that indicate a potential decline in sales, thereby raising concerns about the stock's future performance. As traders, it is crucial to pay attention to such expert opinions and assess the potential impact on our investment strategies.
Reasons for Weak Sales Outlook:
Several factors contribute to the weak sales outlook for AAPL. KeyBanc highlights the following key concerns:
1. Slowing iPhone Sales: The iPhone has been Apple's flagship product, accounting for a significant portion of its revenue. However, KeyBanc predicts a potential slowdown in iPhone sales due to market saturation and intense competition.
2. Trade Tensions: The ongoing trade tensions between the US and China have the potential to disrupt Apple's supply chain and negatively impact its sales. Any escalation in these tensions could further hamper AAPL's growth prospects.
The Call-to-Action: Consider Shorting AAPL with Caution
Given the weak sales outlook and KeyBanc's downgrade, traders should approach AAPL with caution. While shorting AAPL may present an opportunity for profit, it is essential to consider the following factors:
1. Conduct Thorough Research: Before initiating any short position, conduct comprehensive research to understand the potential risks and rewards associated with shorting AAPL. Analyze the company's financials, market trends, and competitor performance to make informed decisions.
2. Diversify Your Portfolio: Shorting AAPL should be part of a well-diversified investment strategy. Avoid placing all your bets on a single stock, as this can expose you to unnecessary risks. Diversification helps mitigate potential losses in case the market responds differently than anticipated.
3. Monitor Market Sentiment: Keep a close eye on market sentiment and news updates related to AAPL. Any positive developments or changes in the company's outlook can quickly impact stock prices. Be prepared to adjust your trading strategy accordingly.
Conclusion:
KeyBanc's downgrade of AAPL based on the weak sales outlook highlights potential challenges for the company in the near future. While shorting AAPL may offer profit potential, traders should exercise caution and conduct thorough research before making any investment decisions. Diversification and monitoring market sentiment are essential for managing risks effectively. Stay informed and adapt your trading strategy accordingly to navigate the uncertainties surrounding AAPL's future performance.
APPLE Technical Analysis! BUY!
My dear friends,
APPLE looks like it will make a good move, and here are the details:
The market is trading on 171.20 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 179.82
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
———————————
WISH YOU ALL LUCK
XLK - Support DefendedBulls stepped up and bought the initial dip in XLK
If this market is to have nay chance at a rally, tech will need to participate.
So far we now have a weekly Dojo candle that allows us to trade against.
If a retrace lower occurs next week I anticipate buyers to step up unless Yields or the dollar have a significant move to the upside.
aapl → two short targetshello guys...
as evident, this stock breaks down the ascending channel with a GAP!
The price action wisdom sets two targets:
Target 1: 170.95
Target 2: 163
it is another chance that the price retraces to "the area after the gap" and then starts another correction.
______________________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
APPLE Is pricing the new long term bottom. Don't miss the chanceApple / AAPL is completing the 2nd Low of the Bull Flag pattern started on its All Time High. So far that represents a -15% fall.
It has almost hit the 1day MA200 today and the more powerfull (on a Cycle perspective) 1week MA50 is just under it.
Considering that the market recovery and bottom started on the Head of an Inverse Head and Shoulder's pattern which exceeded the 2.0 Fibonacci target and its neckline was on 157.50, while the Bear Cycle's Falling Resistance is right in the middle of the two MAs, we are technically very near a big Support Zone.
It remains to be seen if indeed it is a demand level. The 1day RSI is low enough to justify a bottom formation.
Start buying and target 205.00 (Fibonacci 1.236 extension) on the long term.
Previous chart:
Follow us, like the idea and leave a comment below!!
HERO: $0.09 undervalued for now when Gates and Buffet bought Actrivision for $68bn and $1bn for the latter that presented a bench for Gala and the rest of gaming projects
Hero is both a device gadget machine = TECH that realizes BLACK MiRROR's concept of next generation social beings
at $450M cap.. this is target for a take over or big funds to get volume before it catapults above UNICORN levels
metahero.io
Apple Inc.: A Timeless Investment OpportunityApple Inc.: A Timeless Investment Opportunity
Apple Inc. holds a prestigious title in the world of finance as the most valuable company by market capitalization. Its remarkable journey over the past 47 years has seen it achieve unprecedented milestones, showcasing an unparalleled ability to capture the consumer market. One of its standout achievements is the iconic iPhone, which has not only amassed a user base exceeding one billion individuals but has also acted as a catalyst for driving consumer interest across its extensive product lineup.
A Remarkable Trajectory
Apple's impact on its stock performance is staggering, with its shares having surged by an astounding 135,000% since its initial public offering in December 1980. While some might assume that the prime window for Apple investments has long passed, the company's trajectory suggests otherwise. Notably, even the revered Warren Buffett's Berkshire Hathaway has continued to bolster its holdings in this tech giant, further underlining the enduring appeal of Apple's stock.
Consistent Growth and Innovation
Renowned for its consistent and reliable growth, Apple remains a compelling addition to any investment portfolio. It's worth noting that Apple may not always be the pioneer in entering new markets, but it has consistently demonstrated a remarkable ability to leverage existing technology and infuse it with its unique design sensibilities. This approach has allowed Apple to attract fresh users and establish dominance within various industries, including smartphones, tablets, smartwatches, and headphones.
Resilience in Challenging Times
Even in times of economic adversity, Apple's products have continued to resonate with consumers. While many tech companies grappled with reduced consumer spending, Apple's performance stood out. For example, during the second quarter of 2023, while the PC industry saw a 13% decline in shipments year over year, Apple's MacBook shipments increased by 10%. In the smartphone market, where there was a 24% decline in shipments during the same period, Apple exhibited a more modest 6% decline.
The Power of an Ecosystem
One of Apple's key strengths lies in its ability to foster an interconnected ecosystem among its products, encouraging consumers to remain loyal over the long term. Exclusive apps like Messages and FaceTime serve as additional incentives for users to stay within Apple's ecosystem.
A Bright Future Ahead
Although Apple has faced macroeconomic challenges this year, it is poised to benefit as the market rebounds. The company consistently delivers attractive profit margins, with products yielding 35% and digital services boasting an impressive 71% as of Q3 2023. With its commanding position in the tech industry, Apple is well-positioned for potential growth in the coming five to ten years.
Resilience in the Face of Challenges
Apple's recent stock performance, marked by an 11% decline since the release of its Q3 2023 earnings report in early August, may seem concerning at first glance. However, this marks only the third consecutive quarter of revenue reduction, with a 1% year-over-year decrease in revenue. These setbacks were influenced by a broader consumer retreat in several product segments.
The Services Segment: A Beacon of Growth
Amid these challenges, Apple's services segment remains a bright spot. In Q3 2023, this segment recorded an impressive 8% year-over-year expansion, contributing significantly to the company's revenue, which reached $21 billion. The services business encompasses earnings generated from subscription-based platforms like Apple TV+ and Apple Music, as well as income from the App Store.
An Ongoing Growth Story
Considering Apple's historical growth patterns, it becomes evident that seizing opportunities during market downturns can be advantageous. With its commanding position in the consumer technology sector and a flourishing services division, Apple offers the potential for significant returns over the long term.
Conclusion
In light of these factors, it is abundantly clear that the window of opportunity to invest in Apple stock remains wide open. Apple's resilience, innovation, and ability to adapt to changing market dynamics make it an excellent choice for long-term investors. As it continues to evolve and innovate, Apple holds the promise of delivering substantial gains in the future.
AAPL, Major Trend-Dynamics, Volume, Momentum and Targets!Hello There!
Welcome to my new analysis about AAPL on several timeframe perspectives. As AAPL has shown up with this huge bearish price-action to the downside testing the remaining supports at 175 this has been a crucial dynamic from where AAPL should determine further dynamics of its future price-action because if the breakout below the previous supports settled this would trigger a lot more bearish positions to the downside as even already seen before since the pullbacks from the all-time-high area.
The fact that AAPL firstly formed the reversal lows here now does not mean AAPL is completely bullish forever however with the formational structure within the local 4-hour timeframe perspective AAPL could setup the major reversal to determine initial target-zones within the structure from where the momentum should be measured once they are reached. If the momentum moves on as it already established before this will provide the price-action for a much larger formation to be completed here.
The much larger formation which will be completed once AAPL shows up with the appropriate momentum is a massive ascending triangle formation within the channel and once it has been completed with the necessary momentum it will activate the target-zones mentioned. The final confirmation is going to setup once AAPL formed the breakout out of the boundary into the trend-direction. Especially, if the establish Consumer Demand Expenditures do not decrease further this is likely to accelerate the price-action-dynamics.
Thank you for watching my analysis. Support from your side is greatly appreciated.
VP
XLK - Bullish Weekly CrossFor the third time in XLK price history we have had a crossover of the 50 weekly MA & 100 Weekly MA.
the previous 2 times coming out of the Dot com crash and GFC when this happened it resulted in a quick multi week double digit rally.
Will this rally happened again?
XLK could rally while other aspects of the market rollover. Why? simply the cash moats of some of the Mega Cap companies insulate them more from rising yields.
Im expecting a bounce off the support level.
SPX READY TO LONG SPX LONG UNTIL 4600
Microsoft Rolling out Pilot 365
Iphone Pro Max Titanium Sales for Christmas
Nvidia Bullish
Amazon Sales for Christmas
Technical reversal
Be Patient
SIze According to your Posotion
Focus on Price action
do NOT Over trade
LET THE MARKET COME TO YOU !!!
DO NOT CHASE THE MARKET !!
Cafe City Studio 2024
Stay Profitable !! GBA !!
$AAPL First Touch Since March 13th
In today's trading session, Apple Inc.'s stock ( NASDAQ:AAPL ) interacted with a significant technical milestone: it touched its 150-day moving average for the first time since March 13th. This is a noteworthy event for investors who utilize moving averages as part of their trading strategy or for gauging long-term trends.
The interaction with the 150-day moving average could be perceived as a crucial turning point, either serving as a support level from which the stock might rebound or as a potential indicator of further downside risk if the stock were to break below this level. Given the importance of this technical marker, investors should consider monitoring Apple's stock closely over the ensuing days to decipher its subsequent trend direction.