Apple Rebounds with Strong Earnings and $110B BuybackApple and Nvidia have been dominating the market conversation lately. Apple's stock rebounded significantly after a rough start to the year, partly due to better-than-expected earnings and a massive $110 billion buyback announcement. Despite concerns about China and the iPhone cycle, the sentiment has turned positive. With WWDC and AI developments on the horizon, Apple’s outlook appears strong.
AAPL34 trade ideas
AAPL Long $248 PTParallel channel + horizontal support/resistance pattern.
Similar look to price movement - initial channel is more exaggerated, but the general pattern of the price movement is the same.
Arrows denote price expansion after breaking out of the channels for the third time each.
$248 price target based on replicated price movement.
Apple fundamentals support this.
My article on Apple's buybacks, R&D, and stock price:
wire.insiderfinance.io
APPLE Buyers In Panic! SELL!
My dear followers,
I analysed this chart on APPLE and concluded the following:
The market is trading on 192.38 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 184.58
Safe Stop Loss - 197.26
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 Partners With OpenAI for AI Integration Into iOS & MacOSApple ( NASDAQ:AAPL ) has emerged as the talk of tech town ahead of WWDC24, with reports claiming the company is in partnership with OpenAI for AI integration into iOS and macOS models. Although no official statement by the firms has surfaced in the market, the news has taken the industry by storm. Apple remains poised to unveil AI features in the upcoming WWDC, reported Bloomberg correspondent Mark Gurman. Project Greymatter, a set of AI tools that the company will integrate into core apps like Safari, Photos, and Notes, lies at the core of the event. These features will be integrated into iOS18 models and macOS15 models, with operations handled via a two-structured process. A detailed structure will probably be ruled out at the upcoming WWDC event.
Also, the industry is abuzz with numerous reports of Apple's plans to leverage Google's AI services as well. Although an official statement is much-awaited, these talks have taken the AI industry by storm. A potential collaborative effort with Google may not come as a surprise, given OpenAI's recent scrutiny due to the misuse of its technology across various sectors. Nonetheless, numerous reports across the globe proclaim a partnership between OpenAI and Apple is in the pipeline.
It's worth noting that Apple Inc.'s stock price traded at $191.66 today, up 0.7% as of the time of writing. If plans to integrate AI go successfully, the firm could see a significant rise in value. OpenAI remains poised to benefit substantially from its partnership with Apple ( NASDAQ:AAPL ), although more details are much-awaited.
AAPL: Sideways Trend(Short Term)Key Points: NASDAQ:AAPL
* Sideways Trend may be continued.
* The price may be stayed between Resistance and support .
Resistance - 192.70
Support - 186.67
N.B:
I am skilled in day and swing trading. Otherwise, I am skilled in technical analysis such as trend, chart pattern, trade set up, entry and target set up, resistance, support, etc.
AAPL Price Prediction 200+Various AAPl price trend possibilities, and how to (hopefully) benefit from them.
The chart presents recent resistances (baby blue) and support lines (light green).
Two possibilities at the moment: resistances 196 & 200 overcome (Bull), or one of the two resistances failed to overcome, plummet to supports at 186 and below (Bear).
If bull, buy right after resistance broken, at about 202, as the bulls will likely drive higher so price doesn't fall back below 200. Although, buying below 202 might be a mistake, as anything below a 1% upwards shift from 200 doesn't signify much movement. Pay attention to RSI if planning to buy below 202. Also, make sure earnings call is either a few weeks ahead, or wait for earnings release to analyse market reaction.
If bear, then could fall from either 190, 192, 196, or 200 resistance. If 190/2/6 resistance, could plummet beyond 186 all the way down to 168 if bears are too strong / bulls waiting for earnings (nearly the same fall has already happened twice before, so cannot discount the possibility). Should try to buy in anywhere from 164-170 range. Best bet might be to average down by starting to buy at 170 until the support at 165 to keep average near ~168. If it also breaks 165 support and tumbles beyond 160, then something went very wrong in the earnings. Hence, I suggest that if we're in 167-170 range the few days before earnings, buy less than you would than if we were already 164-167 range. Regardless, once we hit resistance at 200 again, it might be good to sell off some part of the bought shares ($30 / share), then to buy again a few dollars cheaper while consolidating in the 190s. Note: May not be optimal to sell & re-buy for those paying higher taxes.
If, on the other hand, we fall from the 200 resistance back below the 196 mark, then continue falling to 186, two possibilities: dance around between 186-196, or keep falling to 180 (or below). In the latter situation, do as before, where you try to buy some right after the higher support is broken, and keep buying at the lower support (180). If happening near earnings, same idea. If the former occurs, then we could either break out from 192/6 resistances and above, or lose down from 190/2. If break out, buy between 192-193; if fall below 186 and support at 180, buy between 179-183.
Omni out.
Open to respond to any suggestion/questions you may have. Not financial advise.
APPLE (AAPL) STOCK ANALYSIS Hello, traders here is an analysis of APPLE as you can see the price has been in a bullish form and it created an ascending triangle pattern that signals a bullish move so now I will wait for the price to break the upper structure of the pattern and retest it (as shown in the chart) then I will look for the long opportunities.
AAPL NEN ZONE /PINBALLRectangles are potential support and resistance zones, specifically relevant only in their timeframe of existence on the chart.
Simple project in theory but from a mathematical perspective of probabilities an distribution of events, could be hard to achieve. The goal of the project (/after the simulations of potential pathways and important events projected in time with their relevance) is to "CATCH" 3 major inflection points AT any of the elements in the drawing. Hard to trade such bold scenario or attempts, without a solid background of a system that has been back tested, forward tested, and rigorously scrutinized through statistical analysis and a lot of math, but it can be done and the exist strategy is simple: inflection point means you expect the market to turn around and you go against the recent move, if it goes against the position after 1 trading day, and breaks the low/high of the signal entry day, exit, other wise wait for another inflection point to cash in.
To make things more simple, this is similar to a pinball game where the price is the ball. Inflection point means the ball jumps somewhere else, preferably in the other direction for good.
This idea won't have the usual updates with analysis of Japanese Candlesticks. This is just for show. Hopefully some good pivot points will occur on this one: short and long, and to spice things up a bit, some models might anticipate that one of them could be an absolute doozy. Let's just sit back relax and enjoy the pinball show.
Dont Miss the 'Byte' APPLEHello Traders,
This is our view on Apple Stock. After made a bearish movement rolling from $200 to $165 for past 4months, the price has gapped up to $185% on last Friday. The price has nicely land on bearish equidistant upper channel and retesting. If all goes well, we can expect the price will fill the previous gap and rally up again towards $200 mark and making a Famous Pattern. What do you all think?? If you like this idea, help me to boost it. Thank You. Have a great day!
Apple Stock Predicted to Surge Fueled by AI and iPhone 16 HypeApple stock is set for a potential 50% surge, according to Wedbush analyst Dan Ives, who projects a market cap exceeding $4 trillion next year. This optimism is driven by the upcoming WWDC event on June 10, expected to feature significant AI announcements, and the iPhone 16 "supercycle" anticipated in September. Ives has increased his price target to $275, citing AI innovations and a strong iPhone upgrade cycle as key growth factors. Supply chain checks also indicate strong sales, supporting a positive outlook.
* Bullish outlook: Wedbush analyst Dan Ives predicts a significant surge in Apple stock (AAPL) by nearly 50%, potentially reaching a $4 trillion market cap within a year.
* Key catalysts: This growth is driven by the upcoming iPhone 16 "supercycle" featuring advanced AI integrations and a potential partnership with OpenAI.
* WWDC 2024: Apple's Worldwide Developers Conference (WWDC) on June 10th is seen as a pivotal event for unveiling these AI advancements.
* Positive supply chain indicators: Strong April sales exceeding expectations bolster confidence in a successful iPhone 16 launch.
* Investor optimism: Apple's strategic embrace of AI and the iPhone 16's potential position investors for substantial gains.
APPLE Buyers In Panic! SELL!
My dear friends,
Please, find my technical outlook for APPLE below:
The price is coiling around a solid key level - 190.04
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 183.08
Safe Stop Loss - 194.57
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
Apple Stock: Why Now is the Perfect Time to InvestInvestors in Apple have faced a tumultuous ride in recent years, marked by significant fluctuations in the company's stock performance. An economic downturn in 2022 led to a steep 27% decline in the iPhone maker's stock. However, the following year saw a remarkable rebound, with shares surging by 48%. Despite this recovery, ongoing challenges to its business and consecutive revenue declines throughout 2023 have resulted in a 1% dip in its stock since the beginning of the current year.
Amid growing concerns on Wall Street about Apple's heavy reliance on iPhone sales and macroeconomic headwinds, the company has faced pressure to diversify its revenue streams. Nevertheless, recent quarterly results and strategic shifts towards prioritizing digital businesses suggest a positive trajectory for the tech giant.
Apple's digital services segment has emerged as a standout performer, outpacing the iPhone division and poised to become its highest-earning segment. Additionally, the company's gradual foray into artificial intelligence (AI) presents opportunities for capitalizing on the burgeoning $200 billion industry.
Considering these developments, investing in Apple now could be an opportune moment, as the company embarks on a significant transformation of its business model. Here are three compelling reasons to consider buying Apple stock:
1. Lucrative Services Business
Apple's services segment, which includes revenue from the App Store and subscription-based platforms like Apple TV+, Music, and Fitness+, has become a cornerstone of its profitability. With gross margins consistently exceeding 70%, outperforming product margins by a significant margin, the services division is now the most profitable segment of Apple's business. Despite challenges in other areas, the services segment continues to exhibit robust growth, highlighting Apple's successful pivot towards digital offerings.
2. Unrivaled Brand Power and AI Investment
Despite recent hurdles, Apple retains its dominance in consumer technology, boasting unparalleled brand loyalty and commanding leading market shares across multiple product categories. While sales may have experienced a decline in the past year, Apple is strategically leveraging artificial intelligence (AI) to invigorate its product lineup.
Since the beginning of 2023, Apple has been gradually integrating AI-enabled features into its products, signaling a significant acceleration in this endeavor. The introduction of the M4 chip in the latest iPad Pro underscores Apple's commitment to enhancing its AI capabilities. This chip is touted as Apple's most powerful yet, paving the way for a host of new AI-powered functionalities. Industry experts anticipate further AI advancements to be unveiled at Apple's upcoming Worldwide Developer Conference in June.
Moreover, recent reports indicate Apple's ambitious plans to revamp its Mac lineup with a renewed focus on AI, leveraging in-house-designed chips housed in data centers. By aligning its AI initiatives with consumer-centric offerings, Apple aims to capitalize on its widespread product adoption to drive AI's public adoption. This strategic move not only counters recent product challenges but also positions Apple for sustained revenue growth in the long run.
3. Record-Breaking Share Buyback Initiative
In a historic announcement on May 2, Apple unveiled plans for the largest stock buyback program in history, earmarking $110 billion for share repurchases. This bold move immediately spurred an 8% surge in Apple's stock during after-market trading, instilling confidence in investors regarding the company's future prospects.
Stock buybacks often signal management's confidence in the company's trajectory and are typically initiated when executives perceive the stock to be undervalued. Apple's substantial buyback initiative underscores its leadership's conviction in the company's strategic direction, making its stock an attractive investment opportunity.
Despite encountering challenges over the past year, Apple's forward earnings multiple of 29, compared to peers like Microsoft and Amazon, suggests that it may be among the most attractively valued stocks in the realm of AI. Coupled with its flourishing services business, Apple emerges as a compelling investment choice with promising growth potential for the future.
william % R simple yet powerfulThis indicators has unleashed a powerful mental clarity for placing positions in bullish stocks and indices as well as Crypto
buy the dip is the MOTTO of this indicator "LITERALLY BUY THE DIP"
If you trade ICT methods use the FVG when you buy the dip
This indicates the timeframe in play and its holding time:
Monthly : use global liquidity cycle
weekly : takes a couple of years
daily : takes a couple of months
4 hr : takes a couple of weeks
1 hr : takes a couple of days