Apple - US Tech worth more than entire EU Stock Market! 🐂
According to Bank of America, the US tech sector is now worth more than the entire European stock market.
Although, in the wake of the recent setback in the tech sector, the main concern seems to be massive overvaluation as a reason for the latest selloff.
We, however, see arguments against a pessimistic view. Many tech stocks are seen as profiteers of the virus crisis due to the increasing pressure to digitize. Stocks like Apple or Amazon are already showing greater resistance to the fear of the second pandemic wave and new lockdown measures.
Apple, for example, had rallied the previous evening after an early approach to the 100-dollar mark and went out of trading three percent higher.
Since the recent high, the market has reached the yellow target box for the current pullback. Even though the ideal target was breached to the downside by $2, we expect the bulls to step back in very soon, taking Appel to new all-time highs.
Under $128.78, the alternative scenario should still be taken into consideration. We give this scenario a 30% probability, which would pave the way towards $95, bevor the current decline is completed.
To summarize, both scenarios are pointing to new all-time highs in the medium-term perspective.
What's your opinion on the tech sector?
Appleinc
AAPL Intraday Algo Trading & Scapling System Hello friends, just check our new algo on tradingview. How beautifully it captures the AAPL trend. Sit relaxed and let your trade move till next signal gets generated. This is based on 15 mins signals. See How beautifully buy /sell signal appear in system
$AAPL Broke Its Support Zone. Are We Heading Towards $96.41?In this post, I will be going in detail with regards to my view of $AAPL from a technical perspective
As of the time that I am writing this post, $AAPL closed at $106.84 with a pre-market trading price of around $103.72. In terms of directional bias, I have a bearish short-term bias on $AAPL while a bullish long-term bias on $AAPL. Let me explain.
Technical Analysis
1. Just last Friday, $AAPL broke an important support zone of $107.89-$109.87 and closed below it at $106.84. With that, I believe that for the next few H4 candles, $AAPL will be trading below the support zone (now turned resistance zone).
2. As long as $AAPL trades below the support-turned-resistance zone, regardless of whether the price stays within the bearish channel or breaks the bearish channel support, we will see $96.41 to $100.00 by the end of this week, if not by next Monday, latest.
3. Thus, unless you are entering a long position to gain some skin in $AAPL for a long-term investment which you plan to average down in the future, I do not recommend entering a long position right now at all because the downside of taking a long position right now far exceeds the upside. This is especially true for day-traders.
4. I believe that a potential entry for a long position is when the price hits the next support zone, where you can enter at around $96.41 to $100.00. Alternatively, if prices move towards the upside above the support-turned-resistance zone, I believe that a long position should only be taken if prices break the bearish channel, especially for day-traders, unless you plan to dollar-cost average as an investment. Of course, this is just my two cents on $AAPL, I may be wrong.
Disclaimer
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment, or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this site, expressed or implied herein, are committed at your own risk, financial or otherwise.
If this post has helped you out in making your investment/trading decision, do it give it a like, and follow for more updates regarding this ticker symbol!
Apple Bottomed Out? Watch These Levels Daily $AAPL
Attention has been on $AAPL & $TSLA after they performed a stock split.
~
The stock currently sits above what has proven to be strong support @ $106.
Watching the orange trend line as support as well, it holds strong on the weekly timeframe.
Possible long on a break of downtrend with resistance @ $110.
Upside targets: $120 - $128.
Possible Short Entry: $99
Caution needed in this stock as we have a H&S pattern forming.
DotcomJack | Michael Jordan of Stonks
Apple short to these levelsApple has hit the peak and now sliding down to the following zones.
The eyes - are sell targets
The eyes - are potential buy zones.
Why are we selling?
The reason is - over exposed buyers, tech stocks need to retrace.
Price is expensive and volatile - during the election and huge interest in the previous months up to September.
The election is coming closer <45 days.
The S&P500 and NAS100 are not shown here but use reference for our previous ideas to show where price has reached our over exposed markers.
Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners to advanced .
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise.
If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes.
Thanks,
Team Lupa
Apple looks to increase. day trade update. Small updateApple looks to come back in a day trade range. lets say we looking for small 117..
We will see what it will do. but for my personally, i expect increase trend..
# if we breakdown below 109.. than breakdown trend started. ( not long term update)
If you like this update, give it a like, and follow me for more new updates.
Thank you.
Apple Inc Peaked? Likely To Go LowerApple Inc (AAPL) printed a very strong bearish candle last week on high volume.
Here we have a potential peak.
We have a steep rising channel that is breaking apart and we have strong bearish divergence with the RSI.
Note: It is still too early to say though, a few more candles are needed for a better picture.
Closing below EMA10 would support the bearish view/potential.
Prices for Apple Inc (AAPL) are likely to drop.
Namaste.
APPLE LONG SET UP AFTER (Four-For-One Stock Split) ROCKET TIMETITLE/(DATE)- BUY LIMIT APPLE
ASSET- APPL
PLATFORM- MT4
ORDER TYPE- BUY LIMIT
Time Frame- 1D
ENTRY PRICE 1- $125.00 (Market)
ENTRY 2- $118.00 (pending)
STOP LOSS- $100.00
TAKE PROFIT 1- $160.00
TAKE PROFIT 2- $210.00
TAKE PROFIT 3- $260.00
TAKE PROFIT 4- $320.00
STATUS🚨 Active 🚨
If you already have a stock position:
On the morning of the ex-date, you will see four times the number of Apple shares you had on the previous night. The opening price will be one-fourth less, and subject to market fluctuation after opening.
If you have an open options position:
On the morning of the ex-date, you will see four times the number of Apple options you had on the previous night. The strike price will be one-fourth less.
How will the Apple split affect open orders?
Open stock orders of 100 shares or greater
Open buy orders of 100 shares or greater will be adjusted on the morning of the ex-date, August 31, 2020. For example, a stock order of 100 shares of Apple ( AAPL ) before the ex-date will be adjusted to 400 shares of AAPL on the morning of August 31.
In the case of limit orders to buy, stop orders to sell, and stop limit orders to sell, any order entered prior to market close on August 28, 2020 will be adjusted for ex-date after the market closes on August 28, 2020.
Limit orders to sell, stop orders to buy, and stop limit orders to buy will not be adjusted, but will now be significantly away from the market price.
The price will also be adjusted in conjunction with the split terms unless entered as a Do Not Increase order.
Open stock orders of 99 shares or fewer
Limit orders to buy, stop orders to sell, and stop limit orders to sell that are entered prior to market close on August 28, 2020 will be canceled for ex-date after the market closes on August 28, 2020.
Limit orders to sell, stop orders to buy, and stop limit orders to buy will not be canceled.
Please note: Stock orders entered after market close on August 28, 2020 will not be adjusted or canceled. Some stock orders may be rejected for aggressive pricing or invalid stop price on ex-date August 31, 2020, before the market opens.
Open advanced stock orders will be canceled before the ex-date, by Saturday August 29, 2020.
Options orders
Open options orders will be canceled before market open on Monday August 31, 2020.
🍎 Apple... going strong like Johnnie Walker! Not born in 1820 but also going strong!
www.whiskyverkostung.com
We don't know if the bulls 🐃 had some of Johnnie Walkers product 🥃 , but they are strong! We expect the stock split to do its trick and propel the market further north. A strong resistance zone lies in the area between $136 and $146. This area poses a good target for wave in red. After reaching the target, the bulls should take a small break and let the stock breathe for a moment. That should result in the indicated correction followed by a bull's comeback, giving us a good opportunity to jump in. The planned scenario could be influenced by the keynote event, which is slightly pushed back and expected to happen in October 2020. We stay bullish, and should we break the resistance at $146, further upwards movement is to be anticipated.
Feel free to discuss! Cheerio 🥃...and happy trading!
APPLE LONG SET UP AFTER SPLITTITLE/(DATE)- BUY LIMIT APPLE
ASSET- APPL
PLATFORM- MT4
ORDER TYPE- BUY LIMIT
Time Frame- 1D
ENTRY PRICE 1- $128.00 (Market)
ENTRY 2- $114.00 (pending)
STOP LOSS- $100.00 (200 PIPS)
TAKE PROFIT 1- $160.00 (400 PIPs)
TAKE PROFIT 2- $210.00 (900 PIPs)
TAKE PROFIT 3- $260.00 (1,400 PIPs)
TAKE PROFIT 4- $320.00(2,000 PIPS)
STATUS🚨 Active 🚨
AAPL Four-For-One Stock Split (GET READY)If you already have a stock position:
On the morning of the ex-date, you will see four times the number of Apple shares you had on the previous night. The opening price will be one-fourth less, and subject to market fluctuation after opening.
If you have an open options position:
On the morning of the ex-date, you will see four times the number of Apple options you had on the previous night. The strike price will be one-fourth less.
How will the Apple split affect open orders?
Open stock orders of 100 shares or greater
Open buy orders of 100 shares or greater will be adjusted on the morning of the ex-date, August 31, 2020. For example, a stock order of 100 shares of Apple ( AAPL ) before the ex-date will be adjusted to 400 shares of AAPL on the morning of August 31.
In the case of limit orders to buy, stop orders to sell, and stop limit orders to sell, any order entered prior to market close on August 28, 2020 will be adjusted for ex-date after the market closes on August 28, 2020.
Limit orders to sell, stop orders to buy, and stop limit orders to buy will not be adjusted, but will now be significantly away from the market price.
The price will also be adjusted in conjunction with the split terms unless entered as a Do Not Increase order.
Open stock orders of 99 shares or fewer
Limit orders to buy, stop orders to sell, and stop limit orders to sell that are entered prior to market close on August 28, 2020 will be canceled for ex-date after the market closes on August 28, 2020.
Limit orders to sell, stop orders to buy, and stop limit orders to buy will not be canceled.
Please note: Stock orders entered after market close on August 28, 2020 will not be adjusted or canceled. Some stock orders may be rejected for aggressive pricing or invalid stop price on ex-date August 31, 2020, before the market opens.
Open advanced stock orders will be canceled before the ex-date, by Saturday August 29, 2020.
Options orders
Open options orders will be canceled before market open on Monday August 31, 2020.
Apple Announces 4-For-1 Stock Split To Bring In New InvestorsApple just put its shares on sale.
The iPhone giant announced after the market closed Thursday that its board approved a 4-for-1 stock split for every shareholder of record at the close of business on August 24. This means each Apple shareholder will receive three additional shares for every share held. Shares will begin trading on a split-adjusted basis on Aug. 31.
On Friday, Apple's stock jumped $40.28, or 10.5%, to $425.04.
A stock split doesn't change the underlying value of the company, it just lowers the share's price. For every share a shareholder owns, they will now own four. However the value of the shares will be one-fourth what they had been. The value to existing shareholders is that it adds liquidity and makes the shares more affordable to new investors.
It also signals to the market that the stock price has been rising. Investors want stocks with positive momentum. So, this tells investors that the stock has done well and can now be bought at a cheaper price.
Stock splits remain relevant for companies that want to bring in a wider base of shareholders, especially ones who had been put off by the high share price. Based on today's closing price, after the split Apple's shares would cost $106.26 apiece. Lowering the share price increases demand, especially among retail investors who want to own the stock, but couldn't afford to pay $400 for a single share. Increased demand typically causes a stock's price to rise. And this is how the existing shareholders benefit from the stock split.
Since going public in 1980, Apple’s stock has split four times. In 1987, 2000 and 2005 the stock was split on a 2-for-1 basis. In June 2014, the Cupertino, Calif., company split the stock on a 7-to-1 basis.
Apple made the announcement during its release of third-quarter earnings . The company posted stellar results that beat analysts' estimates despite the challenging quarter in which most of the world went into lockdown because of COVID-19.
For the quarter ended June 30, revenues jumped 11% year over year to $59.7 billion. Net income leapt 12% to $11.25 billion, or $2.58 per diluted share, compared with $10.0 billion, or $2.18 a share in the year-ago quarter. The consensus estimate of analysts was for net income of $52.24 billion, and $2.04 a share.
“Our June quarter performance was strong evidence of Apple’s ability to innovate and execute during challenging times,” Luca Maestri, Apple’s chief financial officer said in a written statement. “The record business results drove our active installed base of devices to an all-time high in all of our geographic segments and all major product categories. We grew EPS by 18% and generated operating cash flow of $16.3 billion during the quarter, a June quarter record for both metrics.”
With $33 billion in cash on the balance sheet , in addition to the stock split, the board of directors declared a cash dividend of $0.82 per share of the company’s common stock. The dividend is payable on August 13 to shareholders of record as of the close of business on August 10.
LIMIT ORDER SET
TITLE/(DATE)- BUY LIMIT APPLE
ASSET- APPL
PLATFORM- MT4
ORDER TYPE- BUY LIMIT
Time Frame- 1D
ENTRY PRICE 1- $120.00(Pending)
ENTRY 2- $110.00 (pending)
STOP LOSS- $100.00 (200 PIPS)
TAKE PROFIT 1- $160.00 (400 PIPs)
TAKE PROFIT 2- $210.00 (900 PIPs)
TAKE PROFIT 3- $260.00 (1,400 PIPs)
TAKE PROFIT 4- $320.00(2,000 PIPS)
STATUS🚨 PENDING🚨
TITLE/(DATE)- SELL LIMIT APPLE
ASSET- APPL
PLATFORM- MT4
ORDER TYPE- SELL LIMIT
Time Frame- 1D
ENTRY PRICE 1- $504.00(Pending)
ENTRY 2- $524.00 (pending)
STOP LOSS- $544.00 (400 PIPS)
TAKE PROFIT 1- $404.00 (1,0000 PIPs)
TAKE PROFIT 2- $304.00 (2,000 PIPs)
TAKE PROFIT 3- $204.00 (3,000 PIPs)
TAKE PROFIT 4- $140.00(3,600 PIPS)
STATUS🚨 PENDING🚨
Will APPL Reach $467?We are looking at Apple (AAPL) right now. The stock has a good bullish run after the last earnings announcement.
From our technical standpoint, we are watching closely whether AAPL will reach our target of $467.7. If this level is too weak to resist the stock from going further, we are looking at the next price target at $514.31.
Good trading!
From the Desk of NinjaSingapore
17 August 2020
Apple Announces 4-For-1 Stock Split To Bring In New Investors.Apple just put its shares on sale.
The iPhone giant announced after the market closed Thursday that its board approved a 4-for-1 stock split for every shareholder of record at the close of business on August 24. This means each Apple shareholder will receive three additional shares for every share held. Shares will begin trading on a split-adjusted basis on Aug. 31.
On Friday, Apple's stock jumped $40.28, or 10.5%, to $425.04.
A stock split doesn't change the underlying value of the company, it just lowers the share's price. For every share a shareholder owns, they will now own four. However the value of the shares will be one-fourth what they had been. The value to existing shareholders is that it adds liquidity and makes the shares more affordable to new investors.
It also signals to the market that the stock price has been rising. Investors want stocks with positive momentum. So, this tells investors that the stock has done well and can now be bought at a cheaper price.
Stock splits remain relevant for companies that want to bring in a wider base of shareholders, especially ones who had been put off by the high share price. Based on today's closing price, after the split Apple's shares would cost $106.26 apiece. Lowering the share price increases demand, especially among retail investors who want to own the stock, but couldn't afford to pay $400 for a single share. Increased demand typically causes a stock's price to rise. And this is how the existing shareholders benefit from the stock split.
Since going public in 1980, Apple’s stock has split four times. In 1987, 2000 and 2005 the stock was split on a 2-for-1 basis. In June 2014, the Cupertino, Calif., company split the stock on a 7-to-1 basis.
Apple made the announcement during its release of third-quarter earnings. The company posted stellar results that beat analysts' estimates despite the challenging quarter in which most of the world went into lockdown because of COVID-19.
For the quarter ended June 30, revenues jumped 11% year over year to $59.7 billion. Net income leapt 12% to $11.25 billion, or $2.58 per diluted share, compared with $10.0 billion, or $2.18 a share in the year-ago quarter. The consensus estimate of analysts was for net income of $52.24 billion, and $2.04 a share.
“Our June quarter performance was strong evidence of Apple’s ability to innovate and execute during challenging times,” Luca Maestri, Apple’s chief financial officer said in a written statement. “The record business results drove our active installed base of devices to an all-time high in all of our geographic segments and all major product categories. We grew EPS by 18% and generated operating cash flow of $16.3 billion during the quarter, a June quarter record for both metrics.”
With $33 billion in cash on the balance sheet, in addition to the stock split, the board of directors declared a cash dividend of $0.82 per share of the company’s common stock. The dividend is payable on August 13 to shareholders of record as of the close of business on August 10.
TITLE/(DATE)- BUY LIMIT APPLE
ASSET- APPL
PLATFORM- MT4
ORDER TYPE- BUY LIMIT
Time Frame- 1D
ENTRY PRICE 1- $120.00(Pending)
ENTRY 2- $110.00 (pending)
STOP LOSS- $100.00 (200 PIPS)
TAKE PROFIT 1- $160.00 (400 PIPs)
TAKE PROFIT 2- $210.00 (900 PIPs)
TAKE PROFIT 3- $260.00 (1,400 PIPs)
TAKE PROFIT 4- $320.00(2,000 PIPS)
STATUS🚨 PENDING🚨