AAPL Long Signals and Targets for the week of Dec 30, 2024My analysis identified the following key long signals and targets for the week of Dec 30, 2024:
Target 1: > 258.06
Target 2: > 261.72
Trading Plan:
Risk Management: Avoid excessive greed.
Profit Taking: Partially close positions upon reaching each subsequent target, unless there are further updates.
This strategy allows for securing profits while maintaining exposure for potential further upside.
Disclaimer:
This analysis is for informational purposes only and does not constitute financial advice. Trading involves inherent risks, and past performance is not indicative of future results.
AAPL34 trade ideas
Apple Stock W-Pattern: Another Bullish Entry on the HorizonOver the past few weeks, we’ve repeatedly seen the same W pattern forming in Apple’s stock. I believe the stock is still in an uptrend, and the next good entry point could be during the downswing of the second leg. I’m planning to open a long position.
Whether I’ll close this position at around $260 as a day trade or decide to hold it longer is something I’ll let you know soon. What’s your take on this? Let me know!
Stay tuned, and I’ll catch you in the next one — peace!
APPLE Buyers In Panic! SELL!
My dear subscribers,
My technical analysis for APPLE is below:
The price is coiling around a solid key level - 225.72
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 246.76
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
Apple at a Crossroads: Breakout or Breakdown? Here’s What You Ne🔥 LucanInvestor’s Commands:
🩸 Resistance: $256.50. A breakout above this level targets $260 and potentially $265, fueled by continued bullish momentum.
🩸 Support: $254.00. A breakdown exposes $250 and $245 as the next critical levels for correction.
🔥 LucanInvestor’s Strategy:
🩸 Buy: Above $256.50. Target $260 first, then $265 as momentum accelerates.
🩸 Sell: Below $254.00. Secure profits and re-enter near $250 or $245.
🩸 Apple’s MACD signals a slowing bullish trend, but the price is supported by strong EMA and Supertrend alignment. Watch for volume increases near $256.50 to confirm a breakout or near $254.00 to confirm a breakdown.
👑 "Opportunities favor those who act with precision and strategy." — LucanInvestor
12 NOV - AAPL BUY - BULLISH TRIANGLE In my previous analysis, during Apple’s retracement period when everyone was panicking, we kept a cool head, and I made an excellent prediction for Apple that hit all the targets I had set. Today, I’m sharing my updated analysis: an ascending bullish triangle on Apple’s 1-day and 1-week charts, with a target set using Fibonacci reversal levels. The Fibonacci retracement zone has already been reached with the August carry trade, but it rebounded quickly. So, if the triangle fails, we might see Apple return to that zone, ready to extend towards the target (green box). Perfect conditions to make some gains from our Apple position.
Apple (AAPL) Stock Ends the Year Near Record HighsApple (AAPL) Stock Ends the Year Near Record Highs
In 2024, Apple Inc. (AAPL) shares surged by approximately 35%, fueled by the introduction of Apple Intelligence, a groundbreaking AI technology integrated into the company's ecosystem. This feature, designed for iPhones and other Apple products, enhances both productivity and user experience.
Following the June launch of Apple Intelligence, AAPL stock price saw a sharp rise (indicated by the arrow), marking the beginning of a steady upward trend within a channel (highlighted in blue) that remains intact.
In early August, a sell-off in Japan's stock market and fears of a global recession defined the channel's lower boundary.
The stock subsequently rebounded, with prices fluctuating around the channel's central line (bolded) throughout autumn. This balance signified equilibrium between buyers and sellers.
As 2024 comes to a close, AAPL shares exhibit a strong upward momentum, resembling a Santa Claus rally. A new, steeper upward channel (depicted in purple) has emerged on the chart.
Analyst Predictions and Market Sentiment
Analysts are optimistic about AAPL’s prospects. Daniel Ives of Wedbush recently raised his price target for AAPL from $300 to $325, citing the underappreciated potential of Apple's AI initiatives. Ives believes the company is entering a multi-year iPhone upgrade cycle, driven by artificial intelligence integration.
Looking ahead to 2025, analysts project record-breaking iPhone sales of approximately 240 million units, marking a historic achievement for Apple. This momentum could drive AAPL shares to new highs. While the long-term outlook is positive, near-term risks remain.
Current technical indicators suggest AAPL may face a short-term correction:
- The price is approaching the upper boundary of the channel.
- The RSI indicates overbought conditions, with signs of a potential bearish divergence.
Traders should consider the possibility of a pullback below the key psychological level of $250, with the price potentially retreating to the lower purple boundary.
TipRanks Insights:
- Analysts’ average price target for AAPL by the end of 2025: $245.28.
- Among 29 analysts, 19 recommend buying, while 2 suggest selling.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice
AAPL Consolidating Near Key Levels: Scalping and Swing Trade.Analysis: Trend and Price Action
AAPL is currently trading near $259, exhibiting a gradual uptrend with consolidation above the EMA levels. The price is holding above the 9 EMA and 21 EMA on the 1-hour chart, indicating bullish momentum. The consolidation near key gamma levels suggests a potential breakout.
Volume Analysis: Volume has been tapering off during consolidation, which aligns with the tightening range. This signals potential volatility expansion ahead.
GEX and Options Oscillator Insights
* Gamma Exposure (GEX):
* Major Call Wall: $260 (resistance area).
* Strong PUT Support: $252.5 (support zone).
* Highest Net GEX: $257.5 (a key pivot level for direction).
* Options Oscillator (IVR and IVx):
* IVR: 29.8%, signaling moderately elevated implied volatility.
* IVx Avg: 20.7, lower volatility conditions, favoring tighter spreads for scalpers.
Key Levels
Support
* $257.5: Pivot level, critical for bullish bias.
* $252.5: Strong support based on gamma data and price structure.
* $245.7: Historical low for safety stop-loss.
Resistance
* $260: Gamma resistance and a breakout target.
* $263.6: Secondary resistance zone for swing trades.
Trade Scenarios
Scalping Strategy
* Bullish:
* Entry: Above $259.5.
* Target: $260 (gamma resistance).
* Stop Loss: $258.5.
* Strategy: Monitor volume surge and MACD crossover for confirmation.
* Bearish:
* Entry: Below $257.5 (gamma pivot).
* Target: $256.
* Stop Loss: $258.5.
* Strategy: Look for RSI divergence and EMA cross for confirmation.
Swing Trading Strategy
* Bullish Swing Setup:
* Entry: Close above $260 with strong volume.
* Target 1: $263.6.
* Target 2: $267.5 (longer-term gamma target).
* Stop Loss: $257.5.
* Bearish Swing Setup:
* Entry: Rejection at $260 with a breakdown below $257.5.
* Target 1: $252.5.
* Target 2: $247.5 (high volume area).
* Stop Loss: $260.
Indicators Review
* 9 EMA and 21 EMA: Price above both EMAs, confirming bullish momentum.
* MACD: Neutral, with a slight bullish crossover hinting at upside momentum.
* RSI: Stable, not overbought or oversold.
Outlook
* Scalping: Favoring bullish plays above $259, but cautious near $260 resistance.
* Swing: Watch for a clean breakout above $260 or a pullback to $257.5 for directional bias.
Disclaimer
This analysis is for educational purposes only and does not constitute financial advice. Always perform your own due diligence and manage your risk effectively.
APPLE 270 - 300 - 320 TP BY 2025 Apple's potential to reach a stock price of $320 by 2025 is significantly bolstered by its strategic shift towards artificial intelligence (AI). Here are key reasons why this could happen:
AI-Driven iPhone Upgrades: Apple is poised to enter what analysts describe as a "multi-year AI-driven iPhone upgrade cycle." This cycle is expected to drive significant hardware sales as consumers upgrade to newer models equipped with advanced AI capabilities. The introduction of Apple Intelligence, a suite of AI features, is anticipated to make the iPhone more compelling, encouraging upgrades even from users with relatively new devices.📷📷📷
Expansion in Services Revenue: With AI, Apple aims not just at hardware but also at enhancing its services ecosystem. Features like Apple Intelligence are expected to spawn new AI-driven apps and services, creating new revenue streams. This could lead to a multi-billion-dollar increase in services revenue, which traditionally accounts for a substantial portion of Apple's income.📷
Market Sentiment and Analyst Predictions: Recent analyst upgrades reflect a strong bullish sentiment on Apple's stock due to its AI strategy. For instance, Wedbush has raised the price target to $325, suggesting Wall Street might be underestimating Apple's growth potential in the
AI space. This optimism could drive investor confidence and stock value upwards.📷📷📷
Innovation and Market Positioning: Apple's focus on on-device AI, privacy, and security differentiates it from competitors. By integrating AI into its core products like Siri, Photos, and even the new iPhone SE expected in 2025, Apple can maintain or even increase its market share in both developed and emerging markets. This is particularly relevant as AI becomes more integral to everyday device usage.📷📷
Regulatory Adaptation: Despite facing regulatory challenges, Apple's ability to adapt and navigate these issues while continuing to innovate in AI could further solidify its market position. Compliance with new laws while maintaining innovation could be seen as a testament to Apple's strategic foresight, potentially boosting investor confidence.
BUY OPPORTUNITYInstrument: AAPL
Entry Price: $254.80
Target Price (TP): $273.18
Stop Loss (SL): $245.61
Risk/Reward Ratio: 1:2
Technical Analysis:
Apple is currently trading at new all-time highs, indicating strong momentum. This is typically a signal of bullish trends as investors are confident in the company’s growth potential.
The stock has good volume, suggesting it can clear the local resistance around 254$ and market participants are actively trading and supporting the upward movement.
Fundamental Analysis:
Demand for iPhone 16: Analysts, including Dan Ives from Wedbush, expect Apple to benefit from strong demand for its AI-powered iPhone 16 during the holiday season. This is a key catalyst for continued growth.
Projections for FY2025: Cupertino has projected sales of over 240 million iPhones for fiscal year 2025, the highest ever. This bullish forecast reflects a strong outlook for the company's revenue growth and solidifies the positive sentiment surrounding App
Maximize Gains with AAPL: Key Levels and Insights for Next Week
- Recent Performance: Apple Inc. (AAPL) has shown remarkable resilience in the
technology sector, reaching an all-time high of $255 recently. This upward
movement underscores the strong investor confidence, driven largely by
robust earnings and a promising outlook despite mixed broader market
sentiments.
- Key Insights: AAPL continues to navigate critical resistance levels
effectively. The key price resistance currently stands at $255, and should
this level be exceeded, analysts believe the price could target $260. The
upcoming iPhone 16 launch is poised to further bolster investor confidence
and foster a positive sentiment towards the stock.
- Expert Analysis: Market experts maintain a bullish outlook on AAPL,
highlighting the importance of maintaining above the $246 support level. If
AAPL can hold this critical support, the stock may set itself up for a rally
as it targets higher resistance levels. The prevailing sentiment within the
tech sector suggests that AAPL, alongside other front-runners like Nvidia,
may lead potential breakouts in the near term.
- Price Targets:
- Next week targets: T1 = $260, T2 = $265
- Stop levels: S1 = $246, S2 = $243
- News Impact: The high anticipation surrounding the launch of the iPhone 16,
with expectations of over 90 million units sold, adds a layer of excitement
to AAPL’s growth prospects. Additionally, ongoing regulatory scrutiny in the
EU could influence market sentiments, making it essential for investors to
stay informed about impending developments that may affect stock
performance.
In conclusion, AAPL is well-positioned for growth, and traders should closely
monitor the outlined price targets and support levels as the company gears up
for significant product launches and navigates the evolving market landscape.
AAPL Technical Analysis for Tomorrows - Dec.23
1. 1-Hour Timeframe
* Current Price: $255.28
* Resistance Levels:
* $257.30 (recent high and breakout level)
* $260.00 (psychological level and potential target)
* Support Levels:
* $251.97 (previous breakout zone, now acting as support)
* $249.79 (secondary key support level)
2. Key Observations
A. Trend and Momentum:
* AAPL recently broke out of a descending trendline with strong momentum, signaling bullish strength.
* Price action is currently consolidating just below the resistance at $257.30, which will be critical for determining the next move.
B. Stochastic Oscillator:
* The Stochastic is nearing the overbought zone, suggesting that the stock might see a slight pullback before making another attempt to move higher.
C. Volume Analysis:
* The breakout was accompanied by a noticeable volume spike, validating the bullish breakout. However, sustained volume will be needed to push past $257.30.
3. Trade Scenarios
Bullish Scenario:
* Entry: Look for consolidation above $255.00, followed by a breakout of $257.30 with strong volume.
* Target: $260.00 (psychological resistance) and potentially higher if momentum sustains.
* Stop-Loss: Below $251.97 to limit downside risk.
Bearish Scenario:
* Entry: If AAPL rejects $257.30 and breaks below $251.97 with increasing volume.
* Target: $249.79 (key support zone) and possibly lower.
* Stop-Loss: Above $257.30.
4. My Thoughts on AAPL’s Direction
Based on the current price action and volume dynamics, I believe AAPL is more likely to test the $257.30 resistance and break higher. The bullish breakout from the descending trendline, combined with strong volume, supports upward momentum. However, with the Stochastic Oscillator nearing overbought levels, we could see a brief pullback before further upside. If $257.30 is broken decisively, $260.00 becomes a realistic short-term target.
5. Key Levels to Watch
* Support: $251.97 and $249.79
* Resistance: $257.30 and $260.00
AAPL is displaying strong bullish momentum, and my bias is tilted toward the upside for tomorrow. Keep an eye on the $257.30 resistance level for a breakout or rejection, as this will dictate the next move.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Please trade responsibly and manage your risk accordingly.
--------------
Scalping Strategy (Options Trading)
Key Observations:
* Resistance Levels:
* $257.50: Highest Gamma Wall, acting as a strong resistance.
* $260.00: Psychological and GEX resistance zone.
* Support Levels:
* $252.50: 3rd Call Wall (moderate support).
* $247.50: HVL (High Volume Level), a major support.
Scalping Call Options:
* Setup: Enter calls if price consolidates above $257.50 and breaks out with volume confirmation.
* Exit Target: $260.00.
* Stop-Loss: Below $257.00 to minimize risk.
Scalping Put Options:
* Setup: Enter puts if the price rejects $257.50 or fails to hold above $257.00.
* Exit Target: $252.50.
* Stop-Loss: Above $258.00.
Long/Short Strategy
Long Strategy:
* Entry: Look for a breakout above $257.50 with strong volume and bullish momentum.
* Target: $260.00 (short-term), $262.50 (extended target).
* Stop-Loss: Below $256.00 to protect against reversal.
Why It Works:
* $257.50 is the highest gamma exposure level, and a breakout above this zone indicates strong bullish sentiment.
Short Strategy:
* Entry: Enter short positions if the price fails to break above $257.50 and shows a rejection (e.g., wicks or bearish engulfing candles).
* Target: $252.50 (3rd Call Wall), $247.50 (HVL).
* Stop-Loss: Above $258.00.
Why It Works:
* Rejection at $257.50 confirms resistance and potential profit-taking, aligning with put gamma levels below $252.50.
Key Tips for Scalping and Options Trading
1. Volume Confirmation:
* Ensure volume spikes during breakouts or rejections for higher probability trades.
2. Timeframe:
* Use the 1-minute or 5-minute chart for scalping execution.
3. Implied Volatility:
* IV is at 24.1%. Look for slightly out-of-the-money (OTM) options with low time decay for scalping.
Conclusion
* Bullish Case: AAPL breaks above $257.50 → Target $260.00 and $262.50.
* Bearish Case: AAPL rejects $257.50 → Target $252.50 and $247.50.
Stay focused on high-probability setups by watching volume, price action near key levels, and momentum indicators like Stochastic Oscillator. Let me know if you'd like a more specific strike price or expiration recommendation! 🚀
APPL Bullish Engulfing ATHEntry: Confirmed breakout above the ATH.
Stop Loss: $254 – Placed slightly below support for risk management.
Price Target: $262 – Near the 1.618 Fibonacci extension.
Indicators:
RSI: At 73.92, indicating overbought territory but supporting bullish momentum.
MACD: Bullish crossover with momentum increasing, confirming upward pressure.
What Is The #1 Chart Pattern To Use?What Is The #1 Chart Pattern To Use?
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APPLE Will Collapse! SELL!
My dear followers,
I analysed this chart on APPLE and concluded the following:
The market is trading on 254.57 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable APPLE continuation.
Target - 245.49
Safe Stop Loss - 259.31
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
Apple’s Chart Is Showing a Breakout. What Might Happen Next?Apple NASDAQ:AAPL has lagged its fellow “Magnificent 7” stocks for so long that market pundit Jim Cramer has said to "own it, don't trade it." But recently, the stock broke out of a technical pattern known as an “ascending triangle” -- a potentially bullish sign.
What does AAPL’s technical and fundamental analysis say might happen next? Let’s that a look:
Apple’s Fundamental Analysis
Is Apple’s future all about its new AI-capable features, which are finding their way into the tech giant’s electronic gadgets? At least some of it might be.
Or is it about the slow-but-steady growth of Apple’s high-margin services businesses, which benefit from the company’s huge installed base of connected gadgetry? We’re probably getting even warmer there.
How about earnings? AAPL reported on Oct. 31 that it earned $1.64 of adjusted earnings per share on $94.9 billion of revenue in the company’s fiscal fourth quarter ended Sept. 28.
Adjusted EPS beat the Street’s consensus estimate by $0.04, while revenues not only beat forecasts but represented 6.1% in year-over-year growth.
In fact, Apple has grown sales by roughly 5% or 6% year on year for five consecutive quarters now. Talk about consistency.
Apple will likely report results for the current quarter in late January. As I write this, Wall Street is looking for the company to record $2.36 in adjusted earnings per share on $124.4 billion in revenues.
That would compare favorably to the $2.18 in adjusted EPS and “just” $119.6 billion of revenues that Apple saw during the same quarter a year earlier. I say "just" because such a number would still represent 4% year-over-year sales growth for the firm.
But for many investors, Apple has always been about cash flow and return of capital to shareholders.
Apple generated $118.2 billion of operating cash flow in the 12 months ended Sept. 28. The company spent $9.5 billion out of that number on capital expenditures, leaving $108.8 billion of free cash flow.
AAPL returned all of that and more to shareholders over the trailing 12 months. The firm repurchased $100.4 billion of its common stock, while also paying out $15.2 billion in dividends to shareholders.
Apple’s Technical Analysis
Now let’s look at AAPL’s chart as of Wednesday, going back some eight months:
Readers will see that the stock rallied from mid-April into July, but then sold off.
Shares then found support in early August in between the 50% and 61.8% Fibonacci retracement levels of the entire rally, as denoted by the black horizontal lines at the chart’s left.
From there, AAPL formed what’s called an “ascending triangle” pattern, marked with the purple lines in the chart above.
The triangle’s top line held as a resistance level in October, but Apple hit successively higher lows from April all the way through the ascending triangle’s closure earlier this month. That’s typically a bullish sign.
The pivot coming off of the ascending triangle stands at $238 in the chart above -- below the $249.79 that the stock closed at on Thursday.
Does that mean that Apple’s upward run is near or at maturation? Not necessarily.
A 20% run from a pivot point is historically reasonable for a Mag-7 stock, which would put the stock at $285.60 -- or about 14% above Thursday’s closing price.
Meanwhile, Apple’s Relative Strength Index (the gray line at the top of the chart) looks extremely strong as well, to the point of being technically overbought. However, that condition can often last longer than one might think.
Similarly, the stock’s daily Moving Average Convergence Divergence indicator -- or “MACD,” denoted by the black and gold lines and the blue bars at the bottom – seems quite bullish.
Apple’s 12-day Exponential Moving Average (or “EMA,” marked with a black line) is sitting above the stocks 26-Day EMA (the gold line), while the histogram of AAPL’s 9-Day EMA (the blue bars) is above zero. All of those components lined up in that way are historically positive for stocks.
Another apparent bullish sign is the fact that AAPL’s shorter-term moving averages are running above its longer-term ones.
The chart above shows Apple’s 21-Day EMA (marked with a green line) above its 50-day Simple Moving Average, or “SMA,” as denoted by a blue line. Similarly, Apple’s 50-day SMA is in turn running above Apple’s 200-day SMA, marked with a red line above.
Such relationships typically serve as confirmation of an uptrend.
(Moomoo Technologies Inc. Markets Commentator Stephen “Sarge” Guilfoyle had no position in Apple at the time of writing this column.)
This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct. Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.
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APPLE: Warning. Potential strong correction ahead.Apple is bullish on its 1D technical outlook (RSI = 67.500, MACD = 4.850, ADX = 85.805) as it has been rising nonstop since November 4th and the U.S. elections. Yesterday's high though, hit the top of the 2 year Channel Up and the 2.0 Fibonacci extension from October's High-Low, with the 1D RSI reaching overbought levels. The last time we saw this exact combination of events was 1 year ago on the December 14th 2023 High. The result was a price correction to the October 2023 Low (S1). As long as the price doesn't make a new High, we are bearish on Apple, aiming at the S1 level (TP = 220.00).
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AAPL Technical Analysis after Today Downturn - Dec. 19Apple (AAPL) experienced a sharp decline today, reflecting broader market volatility and potential profit-taking from recent highs. This analysis explores the technical outlook to assess possible reversal points, continuation patterns, and actionable trade setups.
Market Structure Analysis
* Daily Timeframe: AAPL broke out of its ascending channel but sharply pulled back to re-test support levels around $247. This indicates a failed breakout scenario with bearish momentum dominating.
* Hourly Timeframe: The pullback from $254 to $247 aligns with increased selling volume, signaling strong short-term bearish sentiment.
Supply and Demand Zones
* Key Demand Zone: $244–$247 – A high-confluence support area where buyers may step in.
* Key Supply Zone: $252–$254 – Prior resistance where sellers are likely to defend aggressively.
Order Blocks and Support/Resistance Levels
* Immediate Resistance: $250.79 – Intraday recovery may face challenges at this level.
* Immediate Support: $245 – A breakdown below could signal further downside to $242.50 or $240.
* Key Fibonacci Retracement Levels:
* 50% Retracement: $246.50
* 61.8% Retracement: $244
Key Indicators
* 9/21 EMA Crossover: Bearish crossover indicates potential continuation of downward momentum.
* MACD: Shows strong bearish divergence, with the histogram widening in the negative territory.
* RSI: Approaching oversold conditions, suggesting a potential bounce if $244 holds.
Options Flow and Gamma Exposure (GEX)
* Call Wall: $255 – Indicates strong resistance; unlikely to break without significant bullish momentum.
* Put Wall: $247.50 – A key gamma support level; a breakdown below could accelerate bearish moves.
* IVR/IVx: Elevated implied volatility suggests market participants expect significant price swings.
Scalping vs Swing Outlook
* Scalping:
* Entry (Long): Near $245 with a tight stop-loss at $243.
* Entry (Short): Near $250.50 if rejected, targeting $247 with a stop-loss at $252.
* Swing Trading:
* Bearish Play: Break below $244, targeting $240 with a stop-loss at $247.
* Bullish Play: Reclaim $250, targeting $254 with a stop-loss at $247.
Actionable Suggestions
1. For Short-Term Traders:
* Monitor the $247 support level for possible intraday bounces.
* Short positions can be considered below $244 with proper risk management.
2. For Swing Traders:
* Wait for a clear breakout above $252 for bullish confirmation.
* A sustained close below $244 opens room for a bearish continuation to $240 or lower.
Conclusion
AAPL faces critical support at $244–$247. While oversold conditions may prompt a short-term bounce, the bearish momentum suggests cautious optimism for bullish setups. Traders should monitor volume at key levels and utilize tight stop-losses to manage risk effectively.
Disclaimer
This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and trade responsibly.
EXTENDED SESSION WITH SESSION BREAKSAn Extended Session refers to the trading hours that occur outside of a market's regular or standard session, often including pre-market and after-market hours. These sessions are typically used by investors and traders to react to news, earnings reports, or other events that happen outside of normal trading hours.
Session Breaks in Trading refer to the natural pauses or transitions between different trading sessions, often marking the end of one session and the beginning of another. These breaks are important for traders because they help delineate key periods of market activity, volatility, and liquidity. Understanding session breaks can assist in timing trades and identifying potential market-moving events.
AAPL Technical Analysis and GEX Levels for Dec. 181-Day Chart (Daily Overview):
* Trend: AAPL is trading in a clear upward channel, breaking above resistance levels and nearing overbought territory.
* Price: Currently at $253.48.
* Support Levels:
* Short-term: $237.50 (daily support).
* Stronger base: $219.50.
* Resistance Levels:
* Immediate: $255.00 (channel resistance).
* Higher target: $260.00.
* Indicators:
* MACD: Bullish momentum but flattening; watch for cross-down signals.
* Volume: Rising volume supports the uptrend.
1-Hour Chart (Intraday Overview):
* Trend: AAPL is showing some consolidation after a strong rally.
* Price Action:
* Testing upper trend line resistance at $255.00.
* A pullback could test support at $251.00.
* EMA:
* 9 EMA and 21 EMA are bullish; price remains above both.
* Support:
* $251.00 – first line of defense.
* $245.80 – stronger intraday support.
* Resistance:
* Immediate: $255.00.
* Breakout target: $260.00.
* Volume: Increased sell volume at intraday highs; monitor for weakness.
GEX Analysis (Gamma Exposure):
* Key Levels:
* Highest GEX Wall: $255.00 (strong call resistance; sellers may take control here).
* 2nd Call Wall: $260.00 (bullish breakout potential).
* Gamma Support: $247.50 – strong downside buffer.
* PUT Support: $237.50 – bearish exposure increases below this level.
* Options Metrics:
* GEX%: 30.3% CALL dominance.
* IVR: 17.3, with an implied volatility average of 32.7.
* Key Takeaway: Elevated call walls suggest resistance near $255 and $260. If price rejects at these levels, watch for a retest of $250.
Trading Plan
Scalping Outlook:
* Bullish:
* Entry: Above $253.50.
* Target: $255.00.
* Stop-loss: $252.50.
* Bearish:
* Entry: Below $252.00.
* Target: $250.50.
* Stop-loss: $253.00.
Swing/Day Trade Outlook:
* Bullish:
* Entry: On breakout above $255.00.
* Target 1: $257.50.
* Target 2: $260.00.
* Stop-loss: $251.00.
* Bearish:
* Entry: Below $251.00.
* Target 1: $247.50.
* Target 2: $245.00.
* Stop-loss: $252.50.
Outlook Summary:
* Short-term: AAPL may test $255 as resistance before deciding direction.
* Directional Bias: Bullish as long as it holds above $251.
* Key to Watch:
* Breakout above $255 for continuation toward $260.
* Failure to hold $251 could signal profit-taking.
Options Suggestion:
* Calls: Consider $255 strike calls for this week if price sustains above $253.50.
* Puts: $250 strike puts if price breaks below $251.00.
This analysis is for educational purposes only and does not constitute financial advice. Always perform your own due diligence.