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Applshort

Apple Is this market ready to break? This was a significant rebound, almost unimaginably unrealistic... 5-weeks of straight rallying through the tidal waves of bad economic news, rate hikes, QT, geopolitical tensions, ect... Let's see what holds for August and September, which are two months that aren't great for stocks. If you do short, go to at least the end of September. RSI and MACD are supporting a sell off. MA puts Apple at $160, and the Lower price of BB is $151. Was this a giant head and shoulder? First shoulder December 2021, head at March 2022, and now the right shoulder at August 2022? Hmmm
NASDAQ:AAPLShort
by WorldEconomics
4
We do not recommend holding any shares of Apple stockBased on my analysis, it appears that holding shares of Apple (AAPL) may not be advisable at this time. The current price is facing strong resistance, and there is limited upward pressure to push the price higher. Therefore, I recommend avoiding AAPL in your portfolio as the price is expected to decrease to $137, which is a significant support level. It is important to note that breaking out of the $147 resistance level may prove challenging for AAPL in the near future.
NASDAQ:AAPLShort
by azedinraiss
AAPL- Going to pre-covid level by Sep End. First target $89-$93$AAPL peaked with $138.52 where it was done with Elliot impulse waves 1-5. Now, it's in correction Wave A to the downside. In Wave A, total 5 waves will be there and today done with Wave 1 from $138.52 to $111 & Wave 2 to $122 . Now, will resume Wave 3 and currently in Sub Wave 2 of Wave 3 which is a great opportunity to short. Targets -> Wave 3 - $89, Wave 4 - $99 & Wave 5 - $82 Please follow to get notified when I updated the idea. Good luck.
NASDAQ:AAPLShort
by Gem-Hunter
4
AAPL - Sticking To My Before Year End Prediction - Going DownBased on the Daily trend with AAPL, and the high correlation with SPY, I see us taking our trip down before year end. The moving average is too close to price with AAPL. The blue resistance line is multi-year (forming in 1998 see Outter Space Chart) and I don't see price going beyond blue resistance by more than $10. By next week the 10WeekMA will be around $263. This implies that price will either cross the MA in a downtrend, or price will go outside blue resistance to escape. Since the resistance has held for almost 20 years, I consider this strong, so price will go down. Weekly chart below shows weekly trend extremely close to Bearish flip. Outter Space chart below shows blue multi-year resistance will most likely not be exceeded. We stay within blue lines...just like since 1998 LOL Thank you for liking, commenting, throwing up a chart, following, or viewing. I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts. Disclosure - I am long MARA, GBTC, BTCUSD, GDX, and VIXY. Short SPY, AAPL
NASDAQ:AAPLShort
by MoneyPatterns