Apple stock potential breakout soon!!Apple has formed a bullish pennant pattern and is looking to breakout very soon! Look for $155 in the near future.
Applelong
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.
$AAPL | Apple All Time High's Printed by Proprietary ModelThe targets on this chart are produced by a proprietary model. Data is fed into the model, the output is the targets you see on the chart. The support zone is also defined by the model.
Apple - Weekly Chart - Long ScenarioLooking to take a long if price should manage to get again above the blue trendline. Would buy on a retest then.
First target is the Resistance level (upper blue line) where i would take out my initial investment.
Second is above the blue level, where i would close the rest of the position.
Dont forget:
- Watch your Risk management
- DYOR (Do-Your-Own-Research)
- This information / article is only for educational purporses and not a recommendation to buy or sell.
I'm not a Financial Advisor.
Thanks for reading!
trader_se
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
Short term "safe" long strategy for AAPLAll indicators suggest a relatively safe long-strategy for the short-term swing traders.
Feel free and welcome to share your personal view! ;)
Apple shares to buyWhat's Up With Apple: iMac is #1, New AirPods, Margins, and More
Even before Apple Inc. (NASDAQ: AAPL) introduced its updated iMacs last month, the all-in-one computer was on its way to being the industry’s best seller in the March quarter. This year’s anticipated chip shortage is expected to enable Apple to leap over HP as the largest seller of all-in-one computers.
AAPL - You Have Only 45min Hi, this is my update for AAPL. After a big fall today, we have now tested the support level $127, SMA100 and SMA50. We got rejected first time we tested the 70.2% retracement level from the recent fall, but I think in the coming days we are going to break it. Next resistance is between $135-137, if we break it we are ready for $143. So be patient and don't PANIC, AAPL is BULLISH ;)
AAPL - APPLE - More bearish possibilities but...- 4hs Failure to break above the upper volume POC marked in yellow.
To enable the bullish option it will have to break and test the yellow box.
Failure to break the POC would confirm an ABC move.
#APPL Ready for ATH? (All time high) $APPLIf Apple breaks ATH and resizes more than 5% AFTER breaking ATH. There is high probability of 10-20% returns and so I will go LONG by buying ATM Calls.
APPLE Inc.This is an update on Apple Inc., I am still expecting Apple Inc. to hit $200/share - as my target.
Disclaimer:
This must not be taken as a trading signal.
Apple share price analysis - The decision has been made!Hello dear readers,
The correction in Apple ended with a clear positive week. The cross support of the golden pocket and trend line was tested hard, but held.
Now the price is showing the appropriate reaction and can clearly pull away.
The medium-term outlook is therefore positive!
The price target of the current movement can be derived on the one hand from the Fibonacci expansion and on the other hand from the trend channel and thus lies at approx. 158 points.
As long as the trend channel is not broken downwards, the chart remains positive. Only a break of the trend channel would put the long scenario in danger.
Don't forget to Like & Follow if you like what you read :)
Best wishes & success!
Chartdigger
Update on Bullish APPL (APPLE STOCK) LongOriginal Analysis performed on April 4th
Price has failed to break below the support/ demand zone .
As you can see price has been respecting this area for quite sometime.
If you look at the weekly time frame, you will notice where I have the listed as the neckline is where price broke below that minor former support area . I am expecting price to possibly "retest" this area.
Price has began it's push to the upside. I'm looking forward to price to ultimately test the resistance/supply area.
Price has began moving in the direction as expected.
#APPL crossing the triangle resistance, expected increase#APPL crossing the triangle resistance, expected increase
AAPL - Apple inc.When the Crypto market is consolidating and you can't find any main coin interesting enough to long or short, Take some time off and study the charts of some powerful companies.
That's what I do and I've never regretted this.
For example right here we've got AAPL as a very good example. right now it's already got rejected by a resistance, fell and got support and consolidating to go back up. I'd buy some shares because it looks powerful. and also, It's never a bad choice to buy AAPL, no matter what. (Chart speaks for itself)
Good Luck 🎲
Tell me your ideas. Like and Share 🗣✅
Here we go AGAIN!! Appl Analysis with entriesIm back!!!. If your a new or old trader/investor looking to purchase NASDAQ:AAPL then the following information will serve you well.
Currently NASDAQ:AAPL is trading at $119.58 at the time of this writing. Market volatility levels are HIGH due to the USD inflation being pumped up by the injection of the massive Stimulus Bill that was just signed into law recently. Making for an ideal trading environment for the savy investor which knows what to do. Now if you don't know what to do, let me help you a bit. Let's get straight to it!
You and I both know that NASDAQ:AAPL is fundamentally one the most stable companies if not the most stable company in the world with a cash holding of $195.57 billion dollars as last reported. As well as a remarkable financial statement & balance sheet showing nothing but future growth with out a doubt Even when it is under performing last years Q1 reports NASDAQ:AAPL numbers still do ALL the talking on their own. During times of slow downs like these in stocks due to the US dollars value increasing & stocks retreating to prior prices, it creates the perfect opportunity.
So what is this opportunity I speak of? & what does all this mean for a trader/investor like yourself?
It means, that these market environments are creating the perfect opportunity for a pull back entry that allows traders to purchase the most powerful company in the American stock exchange at a much lower price than it currently averages at. Which is why I chose to break down this stock today.
**Disclaimer**
Before entering a trade three types of analysis should be performed.
Fundamental Analysis = The study of financial statements and economic news. (Overall Trend)
Technical Analysis = The study of chart history. (Entry & Exit Strategies)
Sentimental Analysis = The study of the markets current psychology and traders psychology.(Instinct)
After performing the three analysis below are my results:
NASDAQ:AAPL
Fundamental Analysis = LONG (BUY)
Technical Analysis = SHORT-TERM SELLING (Pull back into our LONG positions)
Sentimental Analysis = Market is taking a breather due to USD valuation increasing.
To better explain:
This means that right now momentum is headed downwards technically but the overall trend is up fundamentally.
So since we know the overall trend is upwards but we are currently headed downwards it creates the perfect timing to use our Fibonacci Retracement tool. A tool that is used to find important entry and exit levels in a trending market. Which is traditionally applied to the low & high of a trend. Here were my results:
As you can see in the chart above we have already retraced heavily down to the 61.8% fib level at $119.14. This area still makes for a great BUY trade. Markets are still showing downwards momentum as dollar keeps heading up. If momentum continues downward we can eventually see an amazing bargain price at the following fib level the 78.6% which is anywhere from $114-$112.09
MY SUGGESTION:
Place LONG orders totaling anywhere from 1-5% of your total trading capital on each retracement level below:
23.6% = $135.00 (BUY)
38.2% = $129.00 (BUY)
50.0% = $124. 00 (Great trade opportunity) (BUY)
61.8% = $119.15 (What i consider the PERFECT IDEAL TRADE) (BUY) *Currently we are here*
78.6% = $112.10 (ABSOLUTE BARGAIN!!) (BUY)
Take profit 1: $125 Secure about 10-25% of profits in this zone
Take profit 2: $145.09 at the previous ATH . (All Time High) Be patient and trust the process. This monster of a tech stock will most definitely return to break more records in the upcoming months when the continuation wave arrives. If not just stand back, take notes and analyze price action.
If you guys enjoyed this break down please drop a LIKE/COMMENT & make sure to hit that FOLLOW button. Cya'
Apple long With upcoming earning in may and the bottom of the channel i think that is a demand zone for the traders. Long term investment - 2-3 months runner
AAPL objective long setupAAPL gapping up above the down trend line and making a perfect back test. From the technical perspective, it is an objective long entry. I would enter this trade with a tight stop. If AAPL pushes up to ATH anytime soon, it is very likely to extend the negative divergent. Moreover, it gets there that quickly, it will most likely to be overbought as well. To be clear, I am long AAPL short term but mid term bearish.
Have a good trade everyone,
T.s
