AAPL is shown here on the 15-minute chart. The nuts and bolts of the idea are there as well. AAPL is done with sideways action. Big players have accumulated their positions in small parcels t not disturb the status quo. Apple no matter the headwinds nor the tailwinds of other tech stocks in recent earnings is ready to fly some more on its own merits. I will...
AAPL on the weekly chart over the entirety of the years 2022-23 with a triple Bollinger Band overlaid shows consistent marching along the second upper Bollinger band ( 1.618 std) since mid January 2023 with a minor correction while crossing over the basis midline band a month later. This is megacap consistence at its finest. AAPL has had some inside bar weeks...
Apple beat expectations marginally at 42.4bn and 1.42EPS. Apple reported not outstanding results, but nonetheless, the earnings call from Tim Cook et al. gave Apple the momentum to break the 101 resistance level and we closed post market up at the last low 100 resistance level at 103.5 (filled the low 100's resistance gap in). Today the market will go either...
Apple earnings to be released after market today Expectations: 1. 1.39EPS and $42.31bn Revenue - I personally have been an Apple bull for some time - I believe the bar for apple has been set low, with EPS 25% lower than last year and Revenue target also 15% lower than last year - I think this is achievable as Iphone SE sales will be included in the income...