Apple Analysis 14.11.2022Welcome to the BasicTrading channel.
My name is Philip and in todays analysis I quickly go over the situation which we currently have on Apple.
I will analyse the asset both from a weekly and daily timeframe to show you the best possible trading opportunities.
If you enjoyed this analysis, let me know in the comment section which asset I should analyse tomorrow.
I will personally reply to every single comment.
Dont forget to smash that rocket and I will see you tomorrow with a new analysis.
Applestock
Inv Cup and handle for Apply to $100Inverse Cup and Handle has formed on Daily with Apple.
The price has broken below the brim level
The moving averages are all bearish 200 <21 <7 -
The first target is $100
CONCERNS
There are bullish signs with global stocks, which might cause a fake out.
We can also see a weak break below the brim level, which could make this analysis wrong.
APPLE ON THE RISE (NEW)APPL remains in the downtrend however on 27 of October Apple is going to announce their earnings report which is expected to be positive therefore we expect the price to break above the downsloping resistance line and then pump towards our targets.
MACD has a bullish crossover which is also a point for bulls. More positive momentum is expected to appear.
How to trade:
take a long position if / when the price breaks above the downsloping trendline. You can wait for a retest of the trendline as a support which would be a confirmation of the potential short' term reversal.
Final target and take profit level are shown in the chart
good luck!
🟢 AAPL - 3D (06.10.2022)🟢 AAPL
TF: 3D
Side: Long
SL: $137.69
TP 1: $152.38
TP 2: $156.92
TP 3: $161.46
Apple should show some growth in the coming weeks with the support of the 200D EMA.
RSI and MACD look like they could support the movement. 1M time frame also looks good to make way for the growth.
Apple: App, App and Away?! 🍏Surely, it has been a roguh ride for the Apple stock but things start to look rosy. Our primary expectation centres around a continued lift-off, so that the support at $133.20 will be further left behind. The most important step will, however, be to overcome the red zone between $159.74 - $171.30, as the bears have a 40% chance to pull the price to new lows from there.
The Big Apple Goes Rotten?I've been following Apple over the last 6 months and I can't help but shake the feeling this ascending broadening wedge "could" end up playing out. I know it's incredibly popular to be bearish now, which is usually a sign for me to put on the contrarian hat, but I still see this a decent probablity.
Apple stonks possible roundtripI checked M1 and W1 timeframes in chart just to set possible next supports and resistances in order to trace a roundtrip to long-term invest for Apple stonks.
We can also see in chart that squeeze momentum has a bearish divergence BUT we can also see that CRSI is overselled which makes me think about current bearish trend has not enough strength to imagine (for now) a big price fall.
Also Wyckoff gives us a clue about future moves for Apple stonks because we can expect SOW in Phase B after ST (not confirmed yet) but it seems a typical Wyckoff’s Distribution Schema.
As per expected moves are bearish and bullish ones so i decide to tag this idea NEUTRAL.
Apple price will drop after the new release of iPhone 14Apple will release soon new iPhone 14 but the new iPhone 14 will not have a big change from iPhone 13 and this could cause drop in price to 113$-92$ Zone to complete 2nd wave correction and after that we will se big jump in price to 478$ In 3th wave
Fresh Apple breakdown is a great test for this marketA fresh breakdown in Apple from it's multi-week range isn't going to help the Nasdaq $QQQ stay away from its June lows, but it's a great immediate test for the market.
If buyers, do in fact, bid into Apple and drive us higher into the close, absorbing the bad news, that could spark a bounce broadly, suggesting bad news is priced in, but it's on the buyers to prove it.
Right now the trend remains lower while volatility continues to rise, which is definitively bearish, and the Apple breakdown gives more ammo to the bear case.
2X $AAPL MEETS TREND LINE, TP 2 HIT 10%$AAPL has been on a run since JUNE '22, but it was time for a reversal to set in after rejecting the trendline in this bearish market we had to catch this move to the downside! TP2 HIT! Almost 12% Move with $19.35 price change. We are playing the pullbacks and moved down to @ TP3!
Things are getting a bit fruity (AAPL)Apple
Short Term
We look to Buy at 153.98 (stop at 149.64)
Preferred trade is to buy on dips. Previous support located at 153.00. The 50% Fibonacci retracement is located at 152.51 from 128.86 to 176.15. The 50 day moving average should provide support at 155.40.
Our profit targets will be 163.76 and 176.00
Resistance: 165.00 / 176.00 / 180.00
Support: 153.00 / 140.00 / 129.00
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Apple (AAPL) - Taking a bite out of its Market CapGood Day. We've seen recently in the markets, an over-exuberant reaction to the possibility of the Fed inexplicably changing course, in the face of generationally-high levels of inflation, that threatens to become endemic, and create longer-term problems for the US (and other global) economy.
Mr Market may have realised they could have got their bets 'slightly wrong'.
And these past few weeks, we've been tracking Apple - taking profits, and exiting completely in anticipation of THIS move.
Forget cognitive bias and your emotions - sometimes you can be bearish on the broader market, and yet still bullish on the stock. If that's the case, depending on the weakness of the broader market, it may be time to sell, take profits and wait for the next opportunity to scale in.
Let me know what you see in the charts above.
Order Flow, Liquidity, Market Structure = all the confluences we use and need to know, when trading.
Check our profile if you're interested - we look to post regularly here, and we're also posting frequently on our other platforms. Cheers.
Best,
Figuring Out Finance
2X $AAPL TP1 HIT, 4HR Tech. Analysis!$AAPL has been on a run since JUNE '22, but it was time for a reversal to set in after rjecting the trendline in this bearish market we had to catch this move to the downside! Almost 5% Move with $8.40 price change. We are playing the pullbacks and moved down to fill the Gap @ TP2!
$AAPL $AAPL - Who doesn't love a good 'Juicy' $APPL?!
We at clear resistance zone, I'd ideally like a PB.
Key Tip: You can't actually learn by those Instagram profiles full of 'strategies'. The only way of learning how to trade would be getting hands on experience by validated traders with track record. There're various stages in learning it's like mountain you learn the technicals, fundamentals and then you got the psychology aspects which a lot of manipulations in general happens regarding in the market and outside of the market, which very few understand... This industry is full of 'social media gurus' but make sure you tread carefully.
Here's a great statistic for you: 80% of all day traders quit within the first two years.
All the best,
TJ
APPLE Short Position (NEW)We expect that the price will increase to the 180 price levels and then the price will drop to the 160 price levels. RSI is overbought. On 4h we can see that potential bearish divergences forming , but we still wait for bearish divergences on 1D timeframe to get more confirmation which may come at the key resistance.
Entry, stop-loss, and target levels are in the chart.
$AAPL - What's going to happen next?LT View: $AAPL - What's going to happen next?
This a LT view of APPL - Monthly chart we are within a range, now here's thing why am I looking at stocks right now well as we have the key rates escalating higher, the further I want be keeping an eye on LT stocks I want part of my portfolio and one of them is APPL It's a company I firmly believe it isn't just 'phones' there's various other stocks that's very interesting within the company and there so many others but this is one of them I am showing you today.
Now we are technically within a range of: H = 160 / L = 130 a break to either direction is my key intrust - i'd love a dip below 50 EMA 110 Areas. However, it is one I am keeping an eye on technically and fundamentally as we see Nasdaq brewing nicely as well.
TJ
(Not Investment Advice)