Apple The chart warned us 3 weeks agoHello everyone, as we all know the market action discounts everything :)
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On August 24 I posted my analysis on the Apple stock and warned that a big divergence has been found between the market and the RSI and MACD indicators which usually indicates a drop in the market value and we can clearly see that it turned out to be a true sign.
Fear of contagion from China's Evergrande's potential collapse drove investors out of equities in a rush for safety on Monday, with the S&P 500 and Nasdaq suffering their largest daily percentage drops since May.
(NASDAQ:AAPL) was among the biggest drag on the Nasdaq and the S&P 500, Where the stock price dropped from 156.80 to 141.05. That's more than a 10% drop in less than 10 days.
The short-term trend is negative, but the long-term trend is still positive. So although the long term is still positive, this may be a trend turning.
Possible Scenarios for the market :
Scenario 1 :
The Market has broken the support line at 144.94 and now it looks like it will be headed to the support zone located at 138.42 where the Main battle will happen that will determine the direction of the market for the next period of time. If the bulls were able to gain control back over the market then we will be seeing a bounce in price that could lead the market to go back up but the buyers will have to show great power to be able to drive the price back up.
Scenario 2 :
The Market is nearing the second support at 141.88 and it looks like the bears are gathering more power by the minute and they will be able to push the market to 138.42 line the Bears will try to break that support in hope to push the market even lower and if there were able to do so then we might see a big drop happening in the stock price.
Technical indicators show :
1) The market is below the 5 10 20 50 MA and EMA (bearish short-term signs) but above the 100 and 200 MA and EMA (still bullish for the long-term)
2) The RSI is at 35.70 and looks like it could be headed to the oversold zone. A big divergence has been found before the drop
3) The ADX is at 22.42 showing that the market is trending with a negative crossover between FI+ (14.60) and DI- (31.11).
Daily Support & Resistance points :
support Resistance
1) 144.94 1) 148.00
2) 143.82 2) 149.94
3) 141.88 3) 151.06
Fundamental point of view :
The S&P 500 suffered its biggest slump since May, amid fears a debt crisis at China Evergrande Group could spark credit crunch in China's crucial real estate sector, leading to a potential economic crisis in the world's second-largest economy.
China Evergrande Group, the second-largest property company in China, has more than $300 billion in liabilities, and reports suggest it won’t hit an interest payment deadline on its offshore bonds due Thursday.
Tech participated in the broad-based selloff as investors appeared to take a breather from the ‘buy the dip’ mentally ahead of the Federal Reserve’s two-day meeting starting Tuesday. Google-parent Alphabet (NASDAQ:GOOGL), Apple (NASDAQ:AAPL), Facebook (NASDAQ:FB), Amazon (NASDAQ:AMZN) and Microsoft (NASDAQ:MSFT), ended mostly more than 3% lower. According to investing.com
This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
Appleinc
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Apple will break out soon!Hello Boys and Girls :)
Today we take a look at the chart of apple. It had a nice run up until now but boy... look at that RSI. It is one hell of a divergence to the price action.
So for now we see the full pattern of this run and we can also see the near breakout in the chart. With the divergence and everything we see in the actual world, i will take some profits here.
Hope you all are good and safe out there.
Best Regards,
Jan
Wet Juicy $APPLE Ripe For Sell OffThe juicy apple looks to be ready for a nice investment as it drops to the ground in newton fashion.
If you know how well I predicted the last Apple sell off then you know I am not "wet behind the ears" when it comes to trading this successfully.
I've earned my stripes with this stock the hard way.
Tight stop losses at the climax high have just been taken out.
Tremendous liquidity created and room to drop lower to support and demand.
Things are clicking for the smart investors waiting below.
Apple Shares will Collapse this Year (I am buying this option)I hate stocks alright. I am also not a fan of apple. But I figured I'd turn the old money printer back on and buy a put option on apple for Nov 19 @ 135. Far out of the money, but it fits my risk tolerance and gives apple time to fall. Not financial advice, just saw an opportunity for myself and perhaps you guys too. My put is already up 60%, I'm holding till I feel apple has fallen enough, but take profits when you want. I am expecting apple shares to fall below 135 as
a major selloff occurs in the stock market. It may be this year, maybe next, but it will happen. Apple shares are in a bearish pattern (distribution), and also has bad press as privacy concerns arise.
APPLE:FUNDAMENTAL ANALYSIS+PRICE ACTION|NEXT TARGET|LONG🔔🔔Apple stock has risen about 48,660% over the past two decades and recently reached a new all-time high. Apple was once considered an outsider in the technology sector, but under Steve Jobs' leadership, it launched the iPod, iPhone, and iPad and became one of the most expensive technology companies in the world.
After Job died in 2011, Apple continued to grow under Tim Cook, releasing new iPhones, new hardware devices such as the Apple Watch, and expanding its ecosystem of software and services. Apple also restored its dividend, began an aggressive stock buyback, and invested in next-generation technologies such as augmented reality and connected cars.
Apple became a trillion-dollar company three years ago and a $2 trillion company last year. But after such tremendous long-term growth, investors who don't already own Apple may wonder if it's too late to buy the stock. Let's look at the bearish and bullish arguments for Apple to come to some sort of conclusion.
Bears usually mention Apple's dependency on the iPhone, which accounted for 54% of its revenue in the first nine months of fiscal 2021, as its main vulnerability. Apple's iPhone sales increased this year as more customers purchased the first line of 5G iPhones, but that growth is likely to slow in 2022 as less customers think that the iPhone 13 is an important upgrade.
Strong competition and commoditization of the smartphone market also are still principal long-term menaces to Apple's biggest segment.
It is not clear if Apple will ever be able to release another innovative product like the iPhone, and the absence of certainty about its plans is troubling.
Another weakness is Apple's reliance on China, which accounted for 19% of its revenue in the first nine months of this year. China is Apple's fastest-growing market, but it is also a minefield of inconstant regulations, tariffs, and boycotts caused by nationalism. If current trade and technology tensions between the U.S. and China escalate, Apple could become an easy target for retaliatory regulations, taxes, or bans.
The bears will also lead to the fact that Apple has become too dependent on stock buybacks in recent years. In the past 12 months, the company has spent $82.4 billion on buybacks and even financed some of those purchases with fresh debt. Apple could have spent more of this money on investments and acquisitions to diversify its business beyond the iPhone.
Finally, Apple's expansion of its service ecosystem faces serious long-term challenges. The App Store is being forced to cut rates, and many of the new subscription services (Apple TV+, Apple Music, and Apple Arcade) are probably operating at a loss to attract more users.
Bulls, on the other hand, believe that Apple phones will continue to retain consumers thanks to their software ecosystems and that device sales, while cyclical, will remain stable over the long term.
Apple is also not sitting still, depleting the iPhone's potential. The company is reportedly developing augmented reality devices, an electric car, and other new services to go beyond individual hardware platforms.
As for China, the bulls believe that Apple will make concessions (most likely in terms of censorship and data protection) to stay in good standing with the government and that its symbiotic relationship with China through Foxconn, the country's largest private employer, will protect it from retaliatory regulatory measures.
The bulls will point out that while Apple is spending a lot of money on buybacks, it had $193.6 billion in cash, cash equivalents, and marketable securities left last quarter, giving it plenty of room for future acquisitions. Moreover, the company only issued new debt because interest rates were so low.
As for expanding the ecosystem, Apple can offset the losses of its new subscription services, which now serve more than 700 million subscribers worldwide, with higher-margin App Store revenue-even if some developers and regulators pressure it to reduce its 15%-30% share. Attracting more subscribers also ties them more firmly to the company's iPhones and other hardware devices.
Finally, Apple stock is still fairly highly valued. Analysts expect the company's revenues and profits to grow 33% and 70%, respectively, this year, and more modest growth next year as it reaches the peak of iPhone 13 sales.
Thus, we can safely conclude that Apple is still an excellent long-term investment, and it is not too late to buy the stock now. The company probably won't be able to replicate its achievements of the past two decades in the next 20 years, but its core businesses remain strong, its brand evokes fierce loyalty, and it has enough money to fund its future expansion plans beyond the iPhone.
AAPL LONG SET UP TO ($145-$160)Title/(Date): AAPL (Apple)
Asset:STOCK
Order Type: Market Buy/Buy Limit
Time Frame:4hr
Entry Price 1: $136.00(Active)
Entry Price 2: $131.00(Pending)
Stop Loss: $126.00
Take Profit 1: $141.00 (50 Pips)
Take Profit 2: $146.00 (100 Pips)
Take Profit 3: $151.00(150 Pips)
Take Profit 4: $156.00 (200 Pips)
STATUS- ACTIVE
Jun-24-21 Reiterated Morgan Stanley Overweight $161 → $162
May-28-21 Downgrade New Street Neutral → Sell $90
Apr-29-21 Upgrade Goldman Sell → Neutral $83 → $130
Apr-06-21 Reiterated Morgan Stanley Overweight $164 → $156
Mar-31-21 Upgrade UBS Neutral → Buy $115 → $142
Jan-28-21 Reiterated Needham Buy $140 → $170
Jan-28-21 Reiterated Monness Crespi & Hardt Buy $144 → $170
Jan-28-21 Reiterated Canaccord Genuity Buy $150 → $155
Jan-25-21 Reiterated Wedbush Outperform $160 → $175
Jan-22-21 Reiterated Cowen Outperform $133 → $153
Jan-21-21 Reiterated Morgan Stanley Overweight $144 → $152
Jan-05-21 Reiterated Canaccord Genuity Buy $145 → $150
Dec-16-20 Reiterated Morgan Stanley Overweight $136 → $144
Dec-09-20 Reiterated Wedbush Outperform $150 → $160
Nov-30-20 Upgrade Loop Capital Hold → Buy $110 → $131
Oct-26-20 Resumed Atlantic Equities Overweight $150
Sep-21-20 Reiterated Citigroup Buy $112.50 → $125
Sep-17-20 Reiterated Jefferies Buy $116.25 → $135
Sep-16-20 Reiterated Needham Buy $112.50 → $140
Sep-14-20 Reiterated Oppenheimer Outperform $105 → $125
Apple Stock Daily Analysis, RSI & MACD Divergence Hello everyone, as we all know the market action discounts everything :)
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The Apple inc Stock has been doing very well for itself in the last couple of months, Both the short-term and long-term trends are positive. This is a very positive sign.
AAPL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
An RSI Divergence has been found between the stock and the indicator, which could indicate a drop in price for the next period of time, But knowing that the Stock is still doing very well but there are signs that the price could be dropping other than the RSI, The MACD is having a Negative crossover and a divergence but still shows that the market is Bullish, And the stock price has reached the Bollinger Bands upper end which could indicate a small drop.
Scenarios for the market :
Scenario 1 :
The market has reached the resistance level at 148.86 and now it's trending above it with no confirmation of a breakout yet, but if the Bulls keep on pushing then we will see a breakout at that level and the price will keep going up reaching the 150.58 resistance area where the Bull power will be tested by the Bears in hope to drive the price back, If the Bulls were able to prove them self then we could see the price going back to the 151.68 range which was the all-time high for this stock.
Scenario 2 :
The market is trending 149.71 and it reached the resistance level at 148.86, We did notice an RSI divergence and a Negative crossover between the MACD line and the Signal line plus a MACD divergence, And the market almost hitting the upper band in the Bollinger bands. With all of that, the market is still holding a Bullish position but these signs could affect the market and a drop will happen where the price will be headed near the support zone from 147.14 - 146.10 where the Bulls will try to win back control again.
Technical indicators show:
1) The market is above the 5 10 20 50 100 200 MA and EMA (Strong Bullish Sign)
2) The RSI is at 60.41 showing great strength in the market, with a divergence between the indicator and the market which could indicate a drop.
3) The MACD is above the 0 line showing that the market is in a Bullish state, Negative crossover between the MACD line and the Signal line. With a divergence between the indicator and the market.
4) The Bollinger Bands are showing a squeeze which could indicate that a huge move is coming soon.
Support & Resistance points :
support Resistance
1) 147.14 1) 148.86
2) 146.10 2) 149.54
3) 145.42 3) 150.58
Fundamental point of view :
AAPL's Return On Assets of 26.32% is amongst the best returns of the industry. AAPL outperforms 97% of its industry peers. The industry average Return On Assets is 1.29%. And its Profit Margin is 25.00%, The industry average is 2.10%. AAPL outperforms 97% of its industry peers.
Based on estimates for the next 5 years, AAPL will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.37% on average per year.
South Korea is likely to bar Google and Apple from requiring software developers to use their payment systems, effectively stopping them from charging commissions on in-app purchases, the first such curbs on the tech giants by a major economy.
For Apple, commissions from in-app purchases are a key part of its $53.8 billion services business and are a major expense for some app developers.
This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts and news for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
APPLE: FUNDAMENTAL ANALYSIS+PRICE ACTION & NEXT TARGET|LONG🔔All of the headlines are true. The iPhone is indeed losing market share - in some ways.
While some of this loss can be attributed to unpredictable failures caused by the pandemic, some cannot. After all, COVID-19 has made life equally difficult for all smartphone manufacturers. But some of them still found a way to poach potential buyers of other brands.
Perhaps most notably, the market share of low-cost phones increased significantly last quarter, implying that numerous customers are no longer willing to buy devices with a four-figure price tag. We're even seeing indirect indications that this shift is happening in North America, Apple's most important market.
The thing is, it doesn't matter when you examine the rest of the data.
The data provider is IDC, a technology market research company that publishes the estimated number of smartphones released by each major manufacturer in any given quarter.
According to IDC, Apple sold 44.2 million iPhones in the three months ending in June, a 17.8 percent increase over last year's coronavirus-covered second quarter. That's not bad, even if the numbers come with a pandemic disclaimer. This growth is certainly ahead of Samsung's 9.3% year-over-year increase in shipments, even though Samsung shipped a much larger number of devices -- 59 million.
However, it is curious. Lesser-known smartphones such as OPPO and Vivo increased their shipments by 37% and 33.7% (respectively) last quarter, while Xiaomi increased its shipments by 86.6% year-over-year, ranking second with 53.1 million devices.
An isolated incident? Maybe, maybe not.
Apple's 14.1% share last quarter is better than its 13.5% share in the second quarter of last year and much better than its 10.2% share in the second quarter of 2019. Indeed, the average market share of 16.3% over the past four quarters is higher than Apple's typical 14% share, driven by an especially triumphant fourth quarter that saw the company's smartphone market share rise to 23%. However, the company was unable to hold on to much of the success caused by pandemic circumstances, such as an incredible 23.3% in the fourth quarter and 16% in the first.
It would also be shortsighted to ignore the fact that much of the iPhone's recent success in the market is a reflection of Huawei's absence and Samsung's failure to connect with customers, as well as Apple's marketing power. These two names are usually the main threats to Apple in the high-end phone market, but now they are virtually powerless.
And even so, Apple doesn't manage to knock them out of business. According to GlobalStats, after peaking at 28.8 percent in April 2020, the number of actively used iPhones worldwide has dropped to 26.9 percent. At the end of 2018, 56.8 percent of smartphone owners in North America were using iPhones, but after another decline in the first half of this year, they now account for 53.6 percent of actively used smartphones. Clearly, consumers are finding other smartphone options rather than gravitating toward the most recognizable name in the business.
However, Apple shareholders should not panic just yet.
This dynamic underscores the danger of a one-sided view of anything: there's always more.
Part of the story is that while Apple is losing market share, that doesn't mean it's selling fewer smartphones. The company is simply getting a smaller share of the current overall market growth after holding on to a significant portion of its share when the market itself began to shrink in 2018. Apple still sold an average of 57.8 million iPhones in each of the past four quarters, registering its highest year-over-year sales rate since 2015, when the iPhone 6 redefined what a smart mobile device could be. The overall smartphone market is still much smaller than it was at the peak of 2017.
And lest you think that the last four quarters are strong just because sales fell in the first two quarters of 2020, that's not true. Despite the effects of the pandemic, Apple managed to sell more smartphones in the first and second quarters of 2020 than in the first two quarters of 2019.
Another reason that shrinking market share is not an existential threat for Apple is that the company does an incredible job of extracting revenue from iPhone owners once they get into the iOS ecosystem.
Sensor Tower's data put things in perspective. The app market research company estimates that in 2020, the average U.S. iPhone owner will spend $138 on apps and other digital content from their device. That figure marks five consecutive years of spending growth from 2015 when the annual average was just $33. That's even more impressive given that, according to Sensor Tower, Apple's App Store generated about twice as much revenue worldwide in 2020 as Alphabet's Google Play, even though there are almost three times as many users of Alphabet's Android operating system as iOS users.
And more divergence is expected on that front. The iPhone 12 Pro may start at $1,000 apiece and go up quickly, but the new iPhone SE draws new consumers to iOS, starting at a more affordable price of $400 apiece.
Should Apple investors be watching the iPhone market share trend? Sure. It may not suggest much right now, but things are changing. There will come a time when an alternative to the iPhone will enthrall enough consumers to start reducing not only Apple's smartphone share but also its overall revenue.
If you're looking for a reason not to buy stock in the world's largest and most profitable company right now, narrowing smartphone market share is not.
Sunday Prep 7/25 - $AAPL LONGHere’s one of the behemoths. And trading at ATHs. Can they surprise the street enough to continue higher? Hard to say. But I can definitely say that if they disappoint and get smoked, we may get that pullback in the market that we were discussing earlier. This doesn’t make me bearish, not at all. In fact, I actually would love a pullback to some key levels on this name to reset the market and also give some possibly great entries on such a great stock. Would want to see the 50d before considering starting in long, and possibly even the 200d.
Told you about it ! Apple 1W analysis Hello everyone , as we all know the market action discounts everything :)
2 weeks ago i posted a video on Tradingview talking about the price movement for the Apple inc. stock
and now we see the market moving just like i predicted that its gonna move, the price moved up from the range of 132 to the 143 area in less then 2 weeks , i used different indicators that was provided on Tradingview to analyze the market price .
lets see how the market is doing right now and apply indicators to try to understand the movement of the Apple stock and see how its most likely to move in the next few weeks, the Market price seems to be moving in an ascended triangle and indicators telling us :
1_ price of the stock is trending above the Moving average (bullish sign)
2_RSI sitting at 69.71 showing great movement and almost reaching overbought area
3_MACD creating a bullish divergence on the 28/jun
4_Stochastic Oscillator both lines are in overbought area where %K reaching 98.59 and %D at 92.22 creating a buy signal for us ( i talked about the Stochasitc oscillator and explained how to use it in a video i posted on Tradingview
the Apple stock in a very good bullish uptrend with no signs of a reversal yet, with all the indicators and patterns showing us the bullish movement of the stock .
Fundamental analysis :
Apple shares closed today up 1.8% to $144.57, above January's record closing price of $143.16.
Apple (NASDAQ:AAPL) shares are currently up 1.4% to $144.07, continuing a seven-day winning streak and inching closer to the $145.09 record intraday high the stock reached in January.
If Apple reaches a new high, it's in good Big Tech company. Yesterday, shares of Amazon and Microsoft closed at new records after the Pentagon cancelled the JEDI cloud contract awarded to Microsoft and announced plans for a new, multi-vendor contract.
The Wall Street Journal named Apple among the potential buyers for Reese Witherspoon's Hello Sunshine, which is exploring its options that include a $1B sale.
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This is my personal opinion and not financial advice.
If you have any questions please ask
Thank you for reading.
AppleAs you can see in the daily chart, After testing 145.09 the trend has been changed and a bearish one has been started however this downtrend is not strong enough and the Buyers might be still in power.
In my point of view since the retracement is about 61.8%
2 different harmonic pattern might occur
1st scenario:
A Gartley pattern might happen So Apple will experience a rise in price and it increases to 139.10 which is the first TP.
2nd scenario:
A AB=CD pattern might happen therefore Apple will move up at about 142.59 which is the second TP .
However a Crab pattern is likely to happen in order for that the price must pass the previous top which is 145.09.
In any cases, the SL is about 116.31
Please write your ideas in the comment
AAPL Head&Shoulder Update - Wave analysisAn update on the APPL head&shoulder ...I had to dignify and justify the previous analysis with market principles ,which of course is the powerful Elliot wave principle ,and currently we're on the corrective down-turn . All fibnacci levels have been respected in the course of the 5 wave structure thus substantiating the expected bearish move, however the prevailing sentiment for this stock is ''Long term buy'' ,but considering the fundamental facets of Apple Inc is that having them produce a self-driving car and not showing progress in their ascending iPhone models will somewhat result in a decline on revenue and balance sheet and the bearish pressure will accentuate and hopefully prevail.
Note : This information should not regarded as financial advice ,rather an opinion of my own based on my perspective and financial market knowledge!