APPLE I Wait for retest of previous structure and continuationWelcome back! Let me know your thoughts in the comments!
** APPLE Analysis - Listen to video!
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Applebuy
Apple -> Attacking The All-Time-HighsHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Apple stock is currently breaking above a major previous weekly resistance area which we had at $153.
In my last analysis, linked below, I explained all the reasons for which I do expect a breakout, now I am just waiting for a retest of this previous resistance which is now turned support and then from there I do expect more continuation towards the upside.
On the daily timeframe you can also see the beautiful breakout above the resistance, I am now just waiting for a retest and bullish confirmation before the next impulse towards the upside is very likely to happen.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Apple -> All Eyes On The BreakoutHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Apple stock is once again retesting the quite strong resistance area exactly at $156.
You can also see that this is already the fourth retest from a weekly perspective and the more often we actually retest a zone, the higher the likelihood that we will eventually break it, so from a weekly timeframe I am now just waiting for a breakout above the resistance and a retest and then definitely the continuation towards the upside.
On the daily timeframe you can also see that Bulls are always trying to push Apple stock above the resistance, I think that we are definitely ready for a breakout with my next upside target being at $165.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
APPLE showing strong upside based on its AI tech and Cup & HandlCup and Handle has formed on Apple showing strong upside to come
21>7 - Bearish
Price>200 Bullish
RSI>50
There are a few mixed signals with bulls and bears but this is what happens during the transition of a change in direction.
Anyways, we need the price to break up and out of the brim level before we see upside.
Target $177.60
ABOUT APPLE and AI TECH
Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in 1976, with Wayne leaving the company shortly after.
In 2020, Apple became the first publicly traded U.S. company to reach a market capitalization of $2 trillion.
In the same year, Apple also announced its plans to become carbon neutral across its entire supply chain by 2030.
Apple launched its first 5G-enabled iPhone lineup in late 2020, featuring the iPhone 12, iPhone 12 mini, iPhone 12 Pro, and iPhone 12 Pro Max.
Apple also launched its first over-ear wireless headphones, the AirPods Max, in late 2020.
In 2021, Apple announced a major update to its privacy policies, requiring all app developers to disclose what data they collect and how it is used.
Apple introduced the redesigned iMac with an M1 chip in May 2021, featuring a slim design and seven color options.
Apple has been incorporating AI into its services, such as Apple Music, which uses machine learning to recommend personalized playlists and albums to users based on their listening habits.
Apple uses machine learning algorithms in many of its products and services, such as the Photos app, which can automatically identify and categorize images using facial recognition technology.
APPLE SELLPeace be upon you, merchants. Apple stock is negative. with a fracture. Double BOTTOM. It is a strong model and was unable to break a very strong resistance. At the price of 156. There is the possibility of re-testing. The price is 150. And re-disembarkation. to the level of 143. what do you think
Apple -> New All Time Highs ComingHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
Over the past couple of weeks Apple stock had a quite nice pump towards the upside, again rejecting a massive weekly previous support zone , so this recent rally was definitely not unexpected.
Currently we are quite overextended towards the upside and also retesting a resistance zone ; therefore I do expect a short term retracement but then the longer term continuation towards the upside.
From a daily timeframe I am now just waiting for a retest of the next support area from which we could then definitely see the next impulse towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Apple: Detour 🗺️Wrong turn! Although we expect the Apple stock to drop further into the grey target zone between $126.62 and $109.22, our little friend chose a detour in the opposite direction and is heading North. Imminently, the stock should get back on track and finish off the grey superior wave IV, before getting to rise up North for good. Since the course already completed all requirements and hit the grey zone, there's a slight change that the upwards trend might continue, without turning back down to fulfill the grey wave IV.
🟢 AAPL - 3D (06.10.2022)🟢 AAPL
TF: 3D
Side: Long
SL: $137.69
TP 1: $152.38
TP 2: $156.92
TP 3: $161.46
Apple should show some growth in the coming weeks with the support of the 200D EMA.
RSI and MACD look like they could support the movement. 1M time frame also looks good to make way for the growth.
Things are getting a bit fruity (AAPL)Apple
Short Term
We look to Buy at 153.98 (stop at 149.64)
Preferred trade is to buy on dips. Previous support located at 153.00. The 50% Fibonacci retracement is located at 152.51 from 128.86 to 176.15. The 50 day moving average should provide support at 155.40.
Our profit targets will be 163.76 and 176.00
Resistance: 165.00 / 176.00 / 180.00
Support: 153.00 / 140.00 / 129.00
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.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
We recommend buying apple stock if the resistance line is brokenPrice is near buy entry level of 152.33 in line with 61.8% Fibonacci retracement . Price can potentially bounce to the take profit level of 168.92 in line with 61.8% Fibonacci retracement and 78.6% Fibonacci projection . Our bullish bias is supported by stochastic indicator as it is at the support level .
Apple Looking to Move Higher? Apple - Short Term - We look to Buy at 156.38 (stop at 151.92)
We look to buy dips. Prices expected to stall near trend line support. Previous support located at 156.38. Intraday signals are mixed. We are approaching the medium term support and look to set longs on an approach to this level.
Our profit targets will be 167.38 and 174.20
Resistance: 170.00 / 176.00 / 180.00
Support: 160.00 / 155.00 / 150.00
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.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
APPLE, Support and ResistanceDEMAND and SUPPLY, the most commonly seen in Stock Market and visible in the Chart.
DT seen in the chart with price making EQUAL HIGHS, with RSI and MACD Bearish Diversion. Target for DT is achieved.
PRICE has taken Support and PREVIOUS Resistance, Change in Polarity.
Candlestick Patterns of Hammer followed by Bullish Green Candle is seen on the Chart.
Swing Trade till Equal High
AAPL Tecnical AnalysisWe are seeing a pullback after the butterfly pattern. This retracement could bounce upwards in response from 0.618. Or it can be as long as 1.27 supply zones.
Therefore, I think that the region above the region I indicated with 0.618 may be suitable for buying, and the region below it may be suitable as the stop loss region.
When we look at the indicator data, it signals that the price will return from here.
Although Rsi is 34, if this descent extends to 0.618, the rsi value will have fallen below 20. A value of less than 35 seems reasonable for a buying opportunity. In other words, starting to collect from here seems like a suitable option to avoid being left out, even if there is a return.
I have an equation that I developed called W*2. I will not go into details, but according to this calculation made with both pattern and indicator data, one more shape should emerge.
The simulation image of this formula is as follows.
If the section that says score on the indicator script I wrote was above +0, it would be necessary to handle this image differently.
Of course, this is a newly developed equation. Your own strategy is always more valuable than the ideas of others. I am already doing this analysis to support you in making the right investment decision by comparing my opinion with your own strategies.
So you shouldn't consider this an investment advice.
Looking at the Aroon indicator, we might think that we might see sellers weakening and buyers getting ready to start a trend. According to my W*2 equation that I just mentioned, if we also calculate the shortness of the climb, I think the aroon up and aroon down will meet in the middle and the sellers will continue to go up again.
The estimated image that I expect to form on the indicators is as follows;
When we look at the trend indicators, we detect a positive dissonance in momentum. In other words, we can think of it as a signal that prices can return from here.
The fact that the ADx is above 30 also indicates that the downward trend has weakened.
When we look at the money indicators, we can think that the money inflow has started in the cmf and that this is a pullback according to the cmf data.
We can also see the falling wedge of the already emerging downtrend. So this decline may actually be a pullback.
I tried to show the angle of price averages with green bars in Atr. This may make us think that there is actually no real pullback in prices.
When the upturn begins and prices start to rise, a bearish line will begin to form at atr.
In summary;
I'm waiting for the prices to return from here.
I believe that the real breakdown will start then, by testing the 158s of the price.
NOTE: This is not investment advice.