Applelong
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
$AAPL Apple Simple Technical$AAPL Apple Analysis for this upcoming week
NOTES:
- Currently at $178/s after hitting Resistance ALL TIME HIGH
-There is currently a visible RSI Divergence for the past week
-Historically there was another RSI Divergence From Nov 22 followed by a price correction
-Watch a Price Correction from an RSI Divergence this week towards the $173 levels
APPLE LONG$AAPL
Weekly Time Frame
Apple recently hired two of Tesla’s ex-employee who use to manage auto pilot division of Tesla (Apple has been known to keep it’s project secretive and we never know when they will announce anything on EV may be 2025)
Apple Iphone 13 demand is very high but as we know from earning’s report chip shortage and logistic issues have affected the supply chain but that was taken into consideration for ER drop and it was bought
Apple’s new MacBook Pro has M1chip and demand is very high apart from that stupid stand worth (999$ which made me wanna short) but jokes apart Apple has the biggest cash holding and I am sure they will figure out the logistics issue
With holiday season coming sales going to be up…
On weekly closing Basis one can Enter Apple 160C Feb 2022 @485 with stop loss on apple below 143
We do have open Apple 170C Feb 2022 @192 current price is 253
I also Like to swing for JAN 2023 Apple 2023 200C @948 And people with accounts over 50K can go for Apple Jan 2024 200C @1200 (Trim at 30% profit)
For education purposes only Not a financial advice.
Apple Stock Analysis and PredictionHello everyone, as we all know the market action discounts everything :)
_________________________________Make sure to Like and Follow if you like the idea_________________________________
The Apple stock has been recovering from a downtrend that led the price to the lows of $138.07, but on the last day of trading of last week, the price has had a Bearish move that dropped the price from $153 to $146.55.
The long-term trend is positive and the short-term trend is neutral. The long-term trend may just continue or reversal may be around the corner!
AAPL is currently trading in the upper part of its 52-week range. The S&P500 Index however is currently trading near a new high, so AAPL is lagging the market slightly.
Possible Scenario For the market :
The upward movement is most likely to continue and the value of the stock will head to the first resistance line located at $154.36 where we might see a big battle between the Bears and Bulls and the winner will determine the outcome for the stock, In case the Bulls were able to win then a further push will happen that will lead the price to $158.54 by the end of the week.
In case the Bears won then we could be seeing a Bearish movement that will lead the price back to the support zone between $138.26 - $140.36.
when the price drops to this level a Head and shoulder pattern on the daily chart will start his Bearish movement, and that could lead to a big drop in the stock value
Technical Indicators shows :
1) The market is above the 5 10 20 50 100 and 200 MA and EMA (Strong Bullish sign)
2) The MACD is above the 0 line indicating a Bullish market, With a positive crossover between the MACD line and the Signal line.
3) The RSI is at 57.62 showing good strength in the market, with no divergences found between the market and the indicator.
Weekly Support & Resistance points :
support Resistance
1) 144.50 1) 151.52
2) 140.32 2) 154.36
3) 137.48 3) 158.54
Fundamental point of view :
AAPL's Return On Assets of 26.32% is amongst the best returns of the industry. AAPL outperforms 100% of its industry peers. The industry average Return On Assets is 1.83% and The Profit Margin is 25.00%. This is amongst the best returns in the industry. The industry average is 3.14%. AAPL outperforms 96% of its industry peers.
AAPL shows a strong growth in Earnings Per Share. Measured over the last 5 years, the EPS has been growing by 22.14% yearly and AAPL is expected to show quite a strong growth in Earnings Per Share. In the coming 5 years, the EPS will grow by 14.23% yearly.
AAPL has an Altman-Z score of 7.72. This indicates that AAPL is financially healthy and little risk of bankruptcy at the moment.
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 | Must Read...Apple will release its fourth-quarter 2021 fiscal year results this Thursday, which entails investors looking for a fast-growing stock trading at a low price need to act quickly, as the smartphone titan looks poised to deliver solid numbers that will help halt the recent decline in its stock price.
As many know, Apple's stock has fallen over the past few weeks notwithstanding reports that the latest iPhone 13 models are in greater demand than last year's lineup. Let's take a look at the reasons why smart investors should take advantage of the Apple stock pullback.
Recent reports suggest that iPhone 13 sales may be held back by supply chain constraints. The iPhone maker could lose as many as 10 million iPhone 13 units as a worldwide shortage of semiconductors could disrupt production lines. The smartphone maker reportedly expected to produce 90 million iPhone units in 2021, but third-party reports indicate that it may fall short of that mark.
As it turns out, the chip shortage is awaited to influence not only iPhone production, but also interfere with the release of iPads and MacBooks. Not surprisingly, investor sentiment towards Apple stock has turned negative, but it should not be forgotten that the company has a huge opportunity.
For example, Wall Street expects Apple's fourth-quarter revenue to grow nearly 31% year-over-year to $84.7 billion. Earnings are expected to rise to $1.23 per share from $0.73 per share a year ago. When the company released its fiscal third-quarter results in July, Apple did not provide official guidance, citing uncertainty caused by the COVID-19 outbreak, but it would not be shocking if the company beat market expectations.
Morgan Stanley analysts estimate that Apple's iPhone shipments for the quarter that ended in September will grow 17% year over year to 49 million units. When you consider that in the 5G era, Apple expects the average selling price of iPhones to rise significantly, revenue from the company's largest product line (which accounts for 49% of third-quarter revenue) could grow impressingly. Not surprisingly, Morgan Stanley analysts expect Apple's iPhone revenue to grow 52% year over year in the September quarter.
The higher ASP, as well as the fact that the company's services business is growing at a good pace, should lead to higher margins. Apple recorded a 33% year-over-year increase in services revenue in its third fiscal quarter, and that trend is likely to continue, due to remarkable increase in offerings such as the Apple TV+.
All of this indicates that Apple is well on its way to achieving good results. More importantly, the tech giant will likely be able to maintain its high growth rate as it is at the beginning of a big renewal cycle.
Investors shouldn't worry too much about near-term problems that could derail iPhone production, as the company has ample room to grow in the era of 5G smartphones thanks to its huge user base.
CEO Tim Cook said in January that Apple has a base of more than 1 billion active iPhone users. The company only released its first 5G-enabled iPhone models last year, which means that only a small fraction of its installed base is using 5G devices. Shipments of the iPhone 12 (Apple's first 5G-enabled device) totaled 100 million units this April, meaning that millions of users are still in the upgrade window.
Thus, Apple could continue to see significant growth in shipments in the coming years as more and more users upgrade to the new iPhones. Add to that improved pricing for 5G-enabled smartphones, and it's no wonder why Apple's revenue is expected to grow nearly 20 percent a year over the next five years. That's a big jump from the 8.4 percent annual earnings growth the company has seen over the past five years.
Finally, since Apple is trading at a forward earnings ratio of 29, which is lower than the Nasdaq-100's high tech weighted ratio of more than 35, it makes sense to buy these tech stocks before the earnings report comes out, as strong numbers and solid guidance can lift the stock and increase its value.
Apple Reversal sign, Falling Wedge Hello everyone, as we all know the market action discounts everything :)
_________________________________Make sure to Like and Follow if you like the idea_________________________________
The Apple stock turned Bearish back on September 8, The value of the stock was in the 157.13 zone and dropped and hit 138.40 yesterday almost a 12% drop in a short period of time.
AAPL has an average volume of 77287300. This is a good sign as it is always nice to have a liquid stock.
It seems that the stock is trading in a Falling wedge pattern which indicates a reversal soon, (Falling wedge in a downtrend is a sign of a Bullish reversal)
the stock right now is trading at 142.00 with different technical indicators showing a bearish short-term trend but a Bullish long-term trend, It is expected that the market will turn Bullish as soon as the market breakout of the falling wedge pattern.
Possible Scenario for the market :
The stock is trending at 142.00 today, if the bearish trend continues then we will see the stock price reach the $138 level or even the $132 before breaking out of the wedge pattern, where the trend will pick up and start moving back up to the $157 zone.
Technical indicators show :
1) The market is below the 5 10 20 50 MA and EMA but still above the 100 and 200 which indicates a Bearish short-term trend but Bullish long-term trend.
2) The MACD is below the 0 line which indicates a Bearish market for now, With a negative crossover between the MACD line and the Signal line.
3) The STOCH bounced from the oversold zone which indicates a rise in price soon, and a positive crossover is happening between %K and %D.
Weekly Support & Resistance points :
support Resistance
1) 139.18 1) 146.03
2) 135.72 2) 149.42
3) 132.33 3) 152.88
Fundamental point of view :
AAPL's Return On Assets of 26.32% is amongst the best returns of the industry. AAPL outperforms 96% of its industry peers. The industry average Return On Assets is 1.78% and the stock Profit Margin of 25.00% is amongst the best returns of the industry. AAPL outperforms 96% of its industry peers. The industry average Profit Margin is 3.14%.
It's always good to know that the Altman-Z score of 7.43 indicates shows that AAPL is not in any danger of bankruptcy at the moment.
Apple stock weighs around 6.1% in the S&P 500 index, so it is important for the whole broad stock market picture. Since early September it has been declining from the record high. Recently, the stock broke below the support level of around $142, marked by the previous local lows. The $142 price level is acting as a resistance level right now.
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 !!
APPLE FORECAST AFTER IPHONE 13✌️Hi Traders!
🍏In anticipation of the APPLE SPECIAL EVENT, I decided to share my thoughts on the value of Apple shares.
📱Authoritative analysts suggest that today Apple will show a rather boring line of Iphone 13 without any major innovations and killer features.
💥A fairly large update is waiting for the Apple Watch and AirPods today, but in my opinion they will not be able to greatly affect the situation.
👎Perhaps for the first time in many years, tech enthusiasts are not expecting anything special from Apple's special event, perhaps that is why the share price has fallen over the past 2 days from $ 157 to $ 149 per share.
I suppose that today and the next few days, the share price will fall to $ 142-140, then as the sale of new Iphones starts, the share price will start to rise again and I consider $ 160 as the nearest goal.
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
Apple (AAPL) UpdatesUpdate on Apple, pending the September 14 event that will reveal the new products coming soon.
Interesting pull-back for those who, like me, hold the title for years (sometimes even for life), selling and buying on certain occasions.
The reversal of the price was the consequence of Activision's court victory - Blizzard refused to pay 30% of the earnings to Apple itself for in-game transactions.
This ruling could have significant repercussions (we are talking about a few billions of dollars) since obviously, not only Activision-Blizzard was forced to pay Apple but also other important companies.
The pull-back could therefore continue, regardless of what will be shown on the 14th.
The entry levels (or the most interesting accumulation) are the following:
- 142.48 (first available)
- 135 important support
- 122 volumetric POC of 2021
If the price continues to grow, the targets are the same as those already affected in the previous Update, which is $ 160, while the average target price of the analysts stands at $ 167.
Subsequently, since there are no past references, I usually take home profits for every $ 20 I earn on Apple.
S ome data:
Short float 0.59%
Perf Half Y 23.09%
This week: - 3.05%
Obviously, my view on the medium to long term remains Long.
As always u can find my position attached.
Happy trading.
DISCLAIMER: I am not a financial advisor nor a CPA. These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
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