Applestock
Apple Trading Vision : to the New Records !Hello, dear stock Trader!
Monfex is at your service and today we overview Apple.
AAPL broke the strong resistance level - All-Time High , has already tested it locally and going to the 127% Fibonacci level. But we have on many indicators the strong bearish divergence and is sign that near $ 250-255 we will can suggest a sell position to the support zone of levels Fibo and the support line ~ $ 225-220 .
Market Cap
1068.379B
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Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Analysis of APPLE 15.10.2019The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero lines.
The oscillator Force Index is above the zero lines.
If the level of resistance is broken, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 237.50
• Take Profit Level: 240.00 (250 pips)
If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 231.60
• Take Profit Level: 230.00 (160 pips)
USDJPY
A possible long position at the breakout of the level 108.50
GOLD
A possible short position in the breakdown of the level 1487.00
USDCHF
A possible long position at the breakout of the level 0.9995
EURUSD
A possible short position in the breakdown of the level 1.1000
Apple Elliott Wave View: Break Higher Is ImminentElliott wave view in Apple ticker symbol: $AAPL suggests that rally from June 04 low ($170.27) is showing nesting higher as impulse Elliott wave structure where a pullback to $197.60 ended lesser degree wave ((iv)). Up from there, the stock rallied higher in 5 waves structure and ended wave ((v)) $206.11 high, which also completed wave 1. Down from there, the stock corrected the rally from 6/14/2019 low in wave 2 pullback.
The internals of that pullback unfolded as an Elliott wave Flat structure where wave ((a)) ended in 3 swings at $202.80 low. Wave ((b)) bounce ended with another 3 waves at $206.70 high. Down from there, wave ((c)) unfolded in lesser degree 5 waves & ended the wave 2 pullback at $202.23 low. Above from there, the stock already made a new high above previous peaks making the 1-hour cycle from June 04 & June 14 low bullish to the upside favoring more strength.
Near-term, while dips remain above $202.23 low expect the stock to extend higher in an impulse structure looking for more strength & to see a break above May 2019 peak to catch up with rest of indices & ETF’s like SPX, YM & XLK, etc. We don’t like selling the stock & expect intraday buyers to appear in 3, 7 or 11 swings. As far as a pivot from $202.23 low stays intact.
Elliott Wave View: Apple (AAPL) Can See More UpsideShort Term Elliott wave view in Apple (AAPL) is calling the decline to 170.44 on June 4 as wave II. Wave III is currently in progress. Up from 170.44, Wave (1) has ended at 196.79 as a 5 waves impulse. Wave 1 ended at 184.99 and wave 2 pullback ended at 181.14. Wave 3 ended at 196, wave 4 ended at 194.57, and wave 5 ended at 196.79.
The stock is pulling back in wave (2) in 3, 7, or 11 swing to correct cycle from June 4 low. The internal of wave (2) is unfolding as a zigzag Elliott Wave structure where wave A of (2) should end with 1 more push lower into 188.46-184.42 area before a reaction higher should be seen. We dont like selling it and as long as pivot at 170.44 stays intact we expect it to extend higher.
Apple Stoke Eyes Fresh Highs: Touch $230The trend is developing nicely, using the 8 and 21eMA’s as dynamic support. A doji marked a swing low around $196, prior to its burst towards the April high. Enjoying its most bullish session in nearly a month yesterday, we think bulls will try to break this higher once more. Even if it’s not achieved today, we'd look for $196 to hold as support as we head into next week before resuming its trend. If a break occurs, we could refer to lower time frame and look to enter above the original breakout level.
Now market continue new high first target 210 / 220 and finally $230 touch recently so buy position is best way in Apple Stoke .
News:-
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1) Apple has not one, not two, but three (at least) new services launching this year. Four if you count Apple Card. These high margin segments can be easily adopted by the nearly 1.4 billion active devices (over 900 million iPhones). Much of this will go right to the bottom line and remember these are services that didn't exist in years past. When a company of Apple's scale launches 4 new services, you can expect the needle to be moved.
2) Tim Cook has gone on record as saying he believes what Apple will contribute to healthcare will be their greatest contribution. If so, imagine the financial implications to investors now. It's the age old 'if I had invested then' dilemma or like investing in a startup in its infancy that becomes wildly successful. Ask yourself this question. With Apple's track record do you really think they are blowing smoke? We don't know what their contributions will be yet, but I have my suspicions and as a user and investor, I'll look forward to it with anticipation. Remember this is a company that is fiscally conservative from a management and forecasting perspective almost to a fault.
3) Apple is rapidly decreasing available share count through their buybacks. As Buffet alluded to, this will literally help every investor. Without having to purchase anymore shares, your % of ownership in the company is going up. Let that sink in.
4) 5g will move the needle. Looks like it will be '20 from current speculation and that means you want to be thinking about investing in 19. Remember, you want to make the move before everyone else.
At its best, investing is an educated guess based on research and results. As such, I don't see how any reasonable minded person can bet against Apple based on these assumptions, their history of over delivering, and their roadmap for the future.
Previous Close 204.53
Open 204.43
Bid 205.70 x 800
Ask 205.79 x 800
Day's Range 203.90 - 206.48
52 Week Range 142.00 - 233.47
Volume 9,032,818
Avg. Volume 27,976,161
APPLE What happens when the bubble bursts?I am not some end-of-world theorist, I am just applying Jean-Paul Rodrigue's Stages of a Bubble of the Apple Inc stock.
I do believe that the current price correction is not over, as the MMAR shows that since 2008/09 each correction has been longer than the previous one. And currently Apple isn't even halfway through.
But if we apply the Stages of a Bubble theory we see that after the Hyperwave (parabolic rise) was completed in 2018, Apple is current on Phase 6. Despite the big technical Resistance forces, this is also the psychological stage where investors believe that the price "returns to normal". What theoretically happens next is a super strong sell-off (Phase 7) where the asset "returns to the mean". A -80% correction from the top puts Apple's stock roughly at $47.
I have to state again the obvious that it is too early to consider this price scenario plausible but since I believe that the current correction phase will last longer, I do expect the 2019 low to be revisited ($142.00).
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 stock analysis: Daily timeframeThe price chart for Apple Inc. (AAPL) is presented in this analysis on a 6 hour timeframe. Price action on November 20, 2018 closed below the long term bullish trendline in Apple that had been established since June 27, 2016.
Support as drawn on the chart for Apple is between 160.62 and 149.93.
Price closing below 149.93 indicates trouble ahead for Apple, while price recovering and closing above the bullish trendline does indicate the possibility for more bullish upside in Apple.
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 general structure ;) clearly we see the global price and its continuous evolution, you can see that it always has the same pattern, and also every time the major channel of the trend widens considerably, product in which the price has a wider space where can go, you have to consider this can be critical also the volatility of the price increase the volume strongly.
//But::/ simply, the price shows that prevailing buying cheap and selling expensive
Apple Inc., Daily Chart Analysis 10/29Technical Analysis and Outlook
The Apple stock finished lower coming from of Mean Resistance 222.50 , and it is resting at Mean Support 214.50 and completed inner Stock Dip 213 . Once the stock extends the descend by closing below Mean Support 214.50, this would confirm that a short-term bearishness is very real indeed, while progressing to Key Support 207.50 and beyond will be inevitable.