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.
Applestock
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.
AppleCalled the apple top, to this support, Im expecting this support to break, if you like Divergence, we got a massive divergence formed on the DJI / apple as well. Apple just came out with their new upgrade to a phone buy the rumor sell the news type deal with this one mirroring T.A. Expecting a retest of major support. Use as much Leverage if you like or not much at all. Not trying to top fish at all, just noticing a big rollover happening.
NASDAQ:AAPL : Hope you guys stay safe out there, worst time to be buying stocks atm.
'SHORT' APPLE TO GO DOWNLooking at the market in the Monthly view, it is quite easy to read current movement based on history and clear pattern it is following. Apple will continue dropping for the next 4-6months, a very good opportunity to get in on short.
Apple reached a new peak high this July/August and now it is on a retracement, but this is a good retracement to bank in on. If you look at market history you will see this is normal for it's life cycle and when it occurs, it usually lasts more or less around 6 months and this long retracement usually concludes once market hits around 50 EMA, which is represented by the White line in my chart.
So do not miss out on this opportunity in my opinion. The retracement has actually already started a few weeks ago after the peak high but plenty more down to come for a while.
For a suitable entry point to short, I suggest working with lesser time frame like on the monthly view (1M), using the MACD , Stoch RSI and CM_Ultimate_MA__MTF_V2 (combo of multiple indicators created by someone and accessible if you have pro account on tradingview).
DISCLAIMER;
Do set stop losses 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.
Will Apple be the first in the race for a trillion?The earnings season in the US is still very ambiguous. And generates more questions than answers. Facebook's historic fall alone makes this season memorable.
But this season does not necessarily enter the history of the stock markets with a negative. The matter is that tomorrow the quarterly reporting of Apple (the publication is planned for July 31st, 2018 after the market close) will be published.
The current capitalization of Apple is $ 970 billion. That is, the company has come close to a trillion-dollar mark. And has a good chance to reach the finish line first, ahead of the main competitors from Alphabet, Amazon and Microsoft.
On the one hand, the reaction of investors in the current earnings season is alarming. We have already mentioned Facebook, which managed to lose about $ 150 billion during a day on a very good figure. This is also Intel Corp., which even exceeded analysts' forecasts, but again was subjected to tough sales. And Netflix Inc., which demonstrated excellent data, but suffered severe losses. There are many such examples. As a result, in the current earnings season, the technology sector demonstrates the worst results. And this even though out of 36 technology companies, 35 showed better results than analysts forecast. That is, something quite illogical is happening.
But on the other hand, illogical markets can’t be permanent. Yes, from companies mentioned above, investors expect extraordinary and when they get something just ordinary, they are disappointed and give in to panic. Nevertheless, one must look at the situation not through rose-colored glasses of inflated expectations, but through the prism of the real world.
So, what do investors expect from Apple? In terms of quantitative indicators, it is the company's revenue growth of 15% y/y (the company's revenue for the third fiscal quarter is expected to amount to about $ 52.3 billion). This growth rate is the best for the company since 2015. Analysts say that the reason for such a rapid growth for the company is the rise in prices for the iPhone (yes, the growth rate of smartphone sales is only 2%, but together with the price of $ 1,000 iPhone X this should give a gain of revenue of about 17%. , the segment of smartphones generates about 60% of the company's revenues), the growth of revenues from the services sector (the company plans to increase revenue from this direction up to $ 50 billion a year and develops it very actively), as well as increased sales of Apple Watch and other products of the company (AirPods, HomePod, Apple TV).
So, if the data do not fail, investors will have a very good reason for buying Apple shares.
Also, important will be the company's comments about, the pace of sales of the iPhone X, as well as the effects of the trade wars of the US and China.
At these moments the reaction will be most acute.
Overall, given the illogical reaction of investors recently, Apple shares may be under pressure, especially if the quarterly data or management comments disappoint. Nevertheless, the general vector of the company's development so far does not give grounds for serious doubts about its effectiveness. So, we believe that the chances of reaching a trillion of capitalization from Apple are quite high. Our recommendation is to buy Apple shares.