AI Robotic Trading Increases Apple Stake on Bright iOS13 OutlookIndeed! Apple was upgraded to Strong-Buy at $143 from Strong Sell $230 as Goldman Sachs and Jim Cramer appeared on CNBC turning bearish in late 2018 downgrading to $120. In 2019, Apple was reiterated a MUST have BLOWOUT earnings and an iOS13 bright outlook. Cover and go long today!
Applebuy
AAPL LONG 1 Day Chart Trades in the clutches of the trendlineHello to all watching my charts
Today i will bring to you something new in my chartbook
Apple AAPL as a stock chart in 1 Day so we look at a longer timeframe
So every red step is 1 day.
As we are able to see, these stock trades very fine
in direction of the trendlines which has been established
SHORT after brake of resistances 212 USD
LONG after shorttrendline broken and new high 158 USD
SHORT after trendline broken and lower low 197 USD
LONG after trendline broken and higher high 181 USD
You could have made some money here.
If you are interested in more Stock charts on day charts
let me know.
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Good trades
Renkotrade
Elliott Wave View: Apple (AAPL) Can See More UpsideShort Term Elliott wave view in Apple (AAPL) is calling the decline to 170.44 on June 4 as wave II. Wave III is currently in progress. Up from 170.44, Wave (1) has ended at 196.79 as a 5 waves impulse. Wave 1 ended at 184.99 and wave 2 pullback ended at 181.14. Wave 3 ended at 196, wave 4 ended at 194.57, and wave 5 ended at 196.79.
The stock is pulling back in wave (2) in 3, 7, or 11 swing to correct cycle from June 4 low. The internal of wave (2) is unfolding as a zigzag Elliott Wave structure where wave A of (2) should end with 1 more push lower into 188.46-184.42 area before a reaction higher should be seen. We dont like selling it and as long as pivot at 170.44 stays intact we expect it to extend higher.
Apple, long to new accumulation zone 216 - 220.Ok, today i will analize Apple on Nasdaq. There is strong upper trend after big sells under 199. This position is confirmed by volumetric analysis using x-volume indicator. Like show x-lines on day timeframe there is strong level 209. And i think be better to sell some part of long position there. Next we have accumulation zone 216-220 which is represented whith 3 strong levels. And i think in medium term price will go up to this zone. So its clear long)
Levels thanks to X-lines indicator.
Elliott Wave View: Apple Looking for more UpsideAfter topping at $233.47 on October 3, 2018, Apple (APPL) dropped to $142.9 for a staggering 39% decline only within 3 months. From $142 low on January 4th, 2019, the stock has rallied and retraced 50% of the drop at $187.9. We think the decline from $233.47 to $142.9 only ended the first leg wave a. The rally from January 4 low thus is within wave b correction with subdivision as a zigzag Elliott Wave structure.
In the short term chart, we can see that wave (1) ended at 189.26 peak and the internal structure unfolded as an Elliott Wave impulse. Below from there it pulled back to $184.73 and ended wave (2) as an Elliott Wave double structure. Above from there, it made again a new high confirming the next possible extension higher towards 203.06+ areas which is the 4H equal legs of the ZigZag structure. As long as pullback stays above 184.73 it is expected to extend higher.
WHY I BOUGHT APPLE STOCKS WITHOUT OWNING ANY APPLE PRODUCTS1. Price action has shown a bounce off good weekly structure support.
2. 0.618 FIBB levels aligns with structure as well.
3. 200 Day moving averages on the weekly aligns as well with structure.
4. Good risk reward
5. RSI Bullish divergence on daily chart and oversold conditions.
* The high confluence of indicators and price actions gives us enough confidence for a swing trade for apple stock. Cheers do let me know what you think!
Check out the youtube: youtu.be
AAPL beware... could sink.Buy Green
Sell Red
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it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
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it works good for stocks and cryptocurrency.
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you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
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when a green dot -0.78% -6.68% -7.44% -7.44% appears you buy, if a green dot -0.78% -6.68% -7.44% -7.44% appears after that green dot -0.78% -6.68% -7.44% -7.44% you hold your investment.
if a red dot appears you sell your position. easy as that.
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the standard dots setting will be set to 10 - use this for any chart above 3 days
change the dots setting to 6 for 3day charts and below
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shorter time frames will be choppy.
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larger time frames will be smooth.
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*Daytrading smaller timeframes is possible but not recommended.
APPL Possibilities for next growth and retracementNASDAQ:AAPL has showing tremendous growth since 2003 with 1 dollar on each share. Which mean NASDAQ:AAPL has giving the investor a 228x return ever since in 15 years.
The fundamental behind is amazing. Great team, operated by passion and premium products make this company as one of the best in the world. Which make sense by any means, NASDAQ:AAPL will continue it's growth by the time.
The technical analysis behind it is APPL right is just overbought. RSI indicator shows us this level 230-228 already jump off the roof. Even tho it's not a maximal point at this level, since it can be touch psychological level @ 250 for each share, we're looking for retracement around 220 and 215 in Q3 or Q4. This retracement will give a cooling down effect as the healthy market price can continue to another level which will be followed by next analysis.
Which that being said, we're long with 250 resistance and waiting for the next dip.
Will Apple be the first in the race for a trillion?The earnings season in the US is still very ambiguous. And generates more questions than answers. Facebook's historic fall alone makes this season memorable.
But this season does not necessarily enter the history of the stock markets with a negative. The matter is that tomorrow the quarterly reporting of Apple (the publication is planned for July 31st, 2018 after the market close) will be published.
The current capitalization of Apple is $ 970 billion. That is, the company has come close to a trillion-dollar mark. And has a good chance to reach the finish line first, ahead of the main competitors from Alphabet, Amazon and Microsoft.
On the one hand, the reaction of investors in the current earnings season is alarming. We have already mentioned Facebook, which managed to lose about $ 150 billion during a day on a very good figure. This is also Intel Corp., which even exceeded analysts' forecasts, but again was subjected to tough sales. And Netflix Inc., which demonstrated excellent data, but suffered severe losses. There are many such examples. As a result, in the current earnings season, the technology sector demonstrates the worst results. And this even though out of 36 technology companies, 35 showed better results than analysts forecast. That is, something quite illogical is happening.
But on the other hand, illogical markets can’t be permanent. Yes, from companies mentioned above, investors expect extraordinary and when they get something just ordinary, they are disappointed and give in to panic. Nevertheless, one must look at the situation not through rose-colored glasses of inflated expectations, but through the prism of the real world.
So, what do investors expect from Apple? In terms of quantitative indicators, it is the company's revenue growth of 15% y/y (the company's revenue for the third fiscal quarter is expected to amount to about $ 52.3 billion). This growth rate is the best for the company since 2015. Analysts say that the reason for such a rapid growth for the company is the rise in prices for the iPhone (yes, the growth rate of smartphone sales is only 2%, but together with the price of $ 1,000 iPhone X this should give a gain of revenue of about 17%. , the segment of smartphones generates about 60% of the company's revenues), the growth of revenues from the services sector (the company plans to increase revenue from this direction up to $ 50 billion a year and develops it very actively), as well as increased sales of Apple Watch and other products of the company (AirPods, HomePod, Apple TV).
So, if the data do not fail, investors will have a very good reason for buying Apple shares.
Also, important will be the company's comments about, the pace of sales of the iPhone X, as well as the effects of the trade wars of the US and China.
At these moments the reaction will be most acute.
Overall, given the illogical reaction of investors recently, Apple shares may be under pressure, especially if the quarterly data or management comments disappoint. Nevertheless, the general vector of the company's development so far does not give grounds for serious doubts about its effectiveness. So, we believe that the chances of reaching a trillion of capitalization from Apple are quite high. Our recommendation is to buy Apple shares.
Apple long term buy?I remember buying AAPL at 119.00 and I sold off my shares near 140-150. Another opportunity has risen. AAPL has broken out of a head and shoulders pattern. Also, the 50 MA is providing support and the coppock curve has a lot more room to move positive so this could be a chance to get back in. (If the stock does fall then it will probably fall into the top of the head and then rebound). AAPL recently released the iPhone X so since that's so recent there is not much room for its sales and profit to be counted in today's earnings report - but maybe in Q4.
So, if the stock rises I may cancel my take profit and go long-term. But, if it falls as I previously said I may buy for a medium-term swing trade.
Long AAPLApple reported spectacular results for third-quarter fiscal 2017, driven by the impressive Service segment performance. iPhone sales were also steady in the quarter.
Earnings of $1.67 per share and revenues of $45.4 billion surpassed the Zacks Consensus Estimate of $1.57 and $44.7 billion, respectively. On a year-over-year basis, earnings grew 17.6% and revenues increased 7.2%.
Total iPhone unit sales came in at about 41 million, up 2% year over year. Revenues from iPhone grew 3% from the year-ago quarter to $24.8 billion (54.7% of total revenue).
Services revenues - including revenues from Internet Services, App store, Apple Music, AppleCare, Apple Pay, and licensing and other services - surged 22% year over year to nearly $7.3 billion. App Store sales were a big contributor. The company remarked that it is now the size of a Fortune 100 company, much earlier than the company expected. Across the segment, the number of paid subscribers grew 20 million to a total of 185 million in the last three months.
Apple sold 11.4 million iPads in the quarter, up 15% year over year. Revenues of $5 billion were up 2% from the prior-year quarter.
Apple Mac unit sales were up 1% year over year to approximately 4.3 million, while revenues grew 7% from the prior-year quarter to $5.6 billion.
Other products - including revenues from Apple TV, Apple Watch, Beats products, iPod, and Apple-branded and third-party accessories - increased 23% year over year to over $2.7 billion.
Apple long-term BuyI bought AAPL when my market order was filled at 119.00, because it had exploded out of a short-term flag pattern and long-term cup and handle, and I'm going to keep my position till September on the announcement of the iPhone 8, but I would look out for the Coppock curve forming an ascending triangle meaning there could be a deceasing in price in the few months.
Apple is a clear BUY!Apple stock has produced a triple bottom pattern or maybe even a cup with handle, this is backed by there being some form of flag/handle, this means BUY when it breaks resistance which it has.
This is backed by the COPP curve being in positive, showing a increase in trend. But if the earnings report is bad then I recommend selling immediately as it would invalidate the pattern, also the 50 EMA is providing a lot of support.