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
Appleinc
Apple (AAPL) Has Probably Plateaued I'm doing this main chart using the log scale because it makes it so obvious that growth is slowing down. We just got rejected hard off the resistance that has held us since the 80's! We're also in a giant rising wedge, and are JUST touching the bottom of it right at this very moment (actually, I'm being generous with my line. In truth, we've broken down already). Now, I don't think Apple will disappear. That's not what this analysis is about. As I've mentioned recently, I think many tech stocks have plateaued. Some may continue higher eventually, but Apple most likely will not grow much. Why? I think the world's population has peaked, and people's interest in technology has also peaked. People who speculated on Apple have also walked out with massive profits. Just look at that graph! In my opinion, and I know it's controversial, there is no reason for Apple to continue to grow at an astronomical rate. As you can see, growth has clearly reached a point that it cannot sustain and it will likely flatline, or experience a long period of slow growth. Their tech has simply become a part of our daily lives. It's almost part of our biology at this point. Why speculate on it anymore? I argue that by becoming so valuable, it has actually set the stage for its own demise. I don't know if this makes any sense to you. By demise I mean stagnation, basically.
Anyway, where Apple flatlines is anyone's guess. We have some possibilities on this chart (green zones). It could be fairly near current prices (in the $80-100 area). Or it could be in the $50 zone. That seems more likely to me, given the size of the tech bubble.
I think people will continue to use Apple products every day, so I don't see it really falling off a cliff permanently. It's also dropped pretty substantially from it's all-time-high already. As I mentioned in my DJI analysis, I was pretty sure it would not be able to sustain above the $1 Trillion market cap. I was surprised that it held up there as long as it did, to be honest. A lot of people out there will keep on harping about investing and how everyone should still hold Apple stock in their portfolio. I do not think there is much upside anymore. It might EVENTUALLY gain back a good amount of what it's lost since the ATH, but I doubt it'll reach beyond $1 Trillion again. This is just my view, though. I could be totally wrong. I just have a feeling about it though.
I am not a professional financial advisor, and this is not financial advice.
-Victor Cobra
AAPL (APPLE) Following Interesting Long-Term Channel!!IG: @BULLRINGANALYSIS
Easy to say/noted that AAPL has been following an upward trend & triangle pattern for some time now. The beginning of 2019 will be interesting for apple to say the least after massive drop in late 2018. Despite the drop, Apple has MUCH room for growth.
P.S : RSI Levels in good position for upward movement
not financial advice
APPLE wants to return!If it doesn't break the stop-loss, it will return to old uptrend line and gains will come in flocks to APPLE traders.
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APPLE INC / LONG OPPORTUNITY / D1AAPL
Trading Bias: Long
Technical Strategy: Resistance turned to Support area + Multiple fibonacci retracement confluences
*Expecting Apple to find support between 178 and 182. We have 38.2 and 61.8 fibonacci retracement levels here in addition to a resistance turned support flip from the April breakout to $184*
This is one to hold for the long-term. If you want a medium-term target however, then they are marked on the chart
Bull Put Spread on AAPL A Bull Put Spread only for the Neutral market
Sell November 30th 2018 $185 Put
Buy November 30th 2018 $182.50 Put
Your entry target is for Apple is when stock is at $194
End of month expiration November 30th 2018
Sell $185 for 1.40 and buy $182.50 for 1.05 giving you good credit. You can get 14% RoI in one week.
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.
APPLE MARKET DEPICTION USING BEST CUSTOM INDICATORAs you can see the indicators clearly depicting APPLE on the 1D (Daily) chart.
Indicators used are;
HAZEMA V101 by JustUncleL (though I removed some lines in the settings to make it look this way, as it was too crowded with those lines but tweak it as best suited to you via settings)
Also you may need pro account to be able to add this indicator to your chart. I am on free trial pro at the moment, you can always try to add it to your chart and see what happens.
DISCLAIMER;
Do set stop losses on trades but be generous with how much room you allow for this due to candle wicks and there is also the possibility to hedge yourself, for more confident traders.
All comments and questions welcome, if curious about indicators I use then feel free to inquire.
Apple: Best time to buy.AAPL is trading within a long term 1W Channel Up (MACD = 7.570, RSI = 53.793) since July 2017, that has just made a near Higher Low (198.45 against 194.40). The -15.00% decline since the 233.50 all time highs, is more than most of the previous pull backs on this channel, which makes it an optimal long entry. Therefore we are bullish on Apple with TP = 240.00.
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Comments and likes are greatly appreciated.
Apple Elliott Wave Analysis suggesting a Bounce HigherHello Traders,
Apple decline from 10/03 peak (233.43) ended black wave ((W)) at 10/11 low (211.94). Above from there it ended black wave ((X)) pullback at 10/24 peak (224.16). Down from there it ended smaller degree blue wave (W) at 10/29 low (206.17) as flat structure in a lesser degree. Above from there it ended blue wave (X) pullback at 11/01 peak (223.48).
Down from there, it reached already the equal legs extreme area from 10/03 peak towards 202.48-197.31 (blue box) which is 100%-123.6% Fibonacci extension area of black wave ((W))-(X)). It is currently suggesting that it ended black wave ((Y)) of bigger picture red wave IV at 11/05 low (198.12) as a Elliott Wave double three structure. As long as the stock stays above 198.25 but more importantly the pivot at 189.32 stays intact we expect it to extend higher. We dont like selling it.
APPLE INC. (AAPL) Strong Crash Incoming!I see strong bearish divergence shown on the RSI for the APPLE INC.’ chart. This is an indication of an upcoming crash.
Last time this type of divergence showed up, APPLE INC.’ crashed by over 50%. You can expect something similar this time.
When the crash starts, expect to find support at the following levels:
(1) 195.99
(2) 142.96
(3) 110.79
Thanks a lot for reading.
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Namaste.