Applelong
MEDIUM APPLE VIEW DIRECTIONAL BIAS bullishHEY GUYS, I HOPE YOU'RE ALL DOING WELL.
this is an update of the idea posted in 31 march in which I've successfully predicted last move this is the place I've been waiting for the market to come
and now I'm bullish
this is my general outlook on the market i am currently bullish on the stocks market and looking to buy the dips as far as i can see a retracement is due in both indexes and some profit taking so that happens this is my plan of attack keep in mind that this is an idea a plan in a uncertain chaotic environment out of multiple plans to be cirtainedif anything happens that changes the fundamentals of this idea, i will update.
please note that this is not financial advice. do your own research and use this information as conformational bias on top of your own analysis.
like for support!!!!
APPLE STOCK ANALYSIS MEDIUM TERMHEY GUYS, I HOPE YOU'RE ALL DOING WELL.
this is my general outlook on the market i am currently bullish on the stocks market and looking to buy the dips as far as i can see a retracement is due in both indexes and some profit taking so that happens this is my plan of attack keep in mind that this is an idea a plan in a uncertain chaotic environment out of multiple plans to be cirtainedif anything happens that changes the fundamentals of this idea, i will update.
please note that this is not financial advice. do your own research and use this information as conformational biase on top of your own analysis.
like for support!!!!
SELL APPLE TODAYGOOD EVENING,
1)we are above the VWAP .👌
2)the right order and strong condensation of the 4EMA.👇
3)bull divergence confirmed by STOCHASTIC .💪
4)protected by the last resistance. 💪
all these indicators say buy in a loud voice.
+ if it breaks the resistance buy at 182
+ if it bounced sell at 174
so BUY and open your wallets.🤑
GOOD LUCK.❤️
Apple Short Term Update
It looks like we may see a rally this week. The markets are oversold and we may see a few more days perhaps week of rallying. MACD for the 1D is showing that Apple could move higher. Unfortunately, the MACD on the 1M continues to edge closer to crossing, so the possible rally will be short lived.
Targets
- $168
- $172
-$ 176
If we can not break resistance of $166, we should follow the dotted yellow line back under $160.
Apple - 2 long ideas - An Apple a day...General
After years of general rise in price i dont feel comfortable to buy stocks at this point and hope for a retrace. 2 Scenarios under which i would be happy to buy are marked in the chart.
1. Long (Orange arrow)
Requirements
- Price drops under level 1and retakes it
Target
Shortly under the $200 mark
Invalidation
- Price cant retake level 1
- Price falls again under level 1 after retaking it
Stop- Loss
- Slightly under the generated swing- low in the process of falling under level 1
Time duration
Days, weeks, months, years... ;)
2. Long (Green arrow)
Requirements
- Price drops and area 1 and retakes it
- Area 1 becomes support after retake
Target
S/R level at the recent swing high
Invalidation
- Price cant retake area 1 after dropping under it
Stop- Loss
- Under area 1
Time duration
Days, weeks, months, years... ;)
Good luck
Additional: I linked to 2 short scenarios aswell. I have no preferences - in best case i can take all four trades (2 shorts, 2 longs)
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 shows signs of moving upTechnical analysis: Market just broke the uptrend but is still fighting with a support, we are looking for it to break a flag upwards since it is a 4 point of an Elliot wave, and we retraced to 61.8 percent fib zone, so we are looking for it to finish full Elliot wave 1-5 which should end above the third point of Elliot wave, but it is safe Target to take first profits on a same level as a third point of the Elliot wave. And the second Target at the top of an uptrend.
Aroon: Since we are fighting a resistance Aroon is showing gain in a bullish momentum once orange line crosses blue one we are good for an entry
MACD: MACD is slow to catch up on a daily chart it still shows gain in a bearish momentum, but in lower time frames we are already gaining bullish momentum.
Bollinger bands: we just bounced of a bottom Bollinger band which shows we should move bullish direction.
Fundamental analysis: According to CNBC in a past 14 hours we received good news which will help with a bullish momentum.
Gene Munster breaks down Apple’s latest product launch and the bigger tech landscape. The launch of a new products should increase Apple stock price and a bigger landscape should give us more long term opportunities.
Apple’s $429 iPhone SE is one of its cheapest phones ever. Apple's phones becoming one of the cheapest will increase sales. Which should increase Apple stock price.
Invalidation: 145.76
Entry for a better Risk reward ratio: 158
Safe entry: 165
Target 1: 180.52
Target 2: 203.72
Apple March to $100Apple #1 in the Nasdaq 100 with the biggest weight. Although they seem stable, that doesn't mean they can not come down. Below are some key factors that would contribute to Apple selling towards $100.
Key Factors
Economic Slowdown, reduced revenue & earnings.
P/E Ratio is around 28x
1M & 1W have room to sell.
FOMC Decision.
Recession risk from raising rates.
Closed below 50MA and 100MA
Targets
$150 Short Term (2 weeks)
$140 Late February
$120 Long Term (Summer 2022)
200MA is $147.75 which is very possible in a 2-week span.
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
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Apple Short Term MovesRevisiting Apple, these are some short term prices we can see. If we price Apple based on the economic data, we can see Apple decline. If we see Apple based on QE, we can see one more push towards resistance (highly doubtful).
Support Levels
$170
$160-165 (yellow dotted trend line)
$155
Resistance Levels
$183
$177
$175
The 200MA is 150.00
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
Apple 15M ChartPrevious Double Bottom Pattern (Invalidated)
New Pattern:
Symmetrical Triangle
Price target if breakout to the upside: $168- $169
Price Target if break to the downside: $150- $151
If Price Breaks Above Top of Triangle: Wait for a Retest (to confirm support), Then Enter Long
If Price Breaks Below Bottom of the triangle, Wait for a Retest (to confirm resistance), Then Enter Short
Note:
Tomorrows Fed meeting could have either positive or negative implications for the Market in General.
Bullish so long as 171.40 is support.My preference: Bullish push towards 177.
My pivot point is 171.4.
Alternative scenario: below 171.4, look for 169.6 and 168.4.
Comment:
RSI is below its neutrality area at 50.
MACD is above its signal line and negative.
The configuration is mixed.
Apple stands above its 20 period moving average but below its 50 period moving average.
Stay vigilant
Advanced_Analyst