AAPL trade ideas
📈Mastering Stock Selection:A Journey to Long-Term Wealth💰Part1Interested in selecting high-quality stocks and growing your wealth through long-term investing? Today, I'll guide you through effective stock selection methods, including the top-bottom and bottom-top approaches. Remember, as Warren Buffett famously said, "The stock market is designed to transfer money from the active to the patient." 💼📈
Let's start with the top-bottom approach. First, you choose an economy, such as Indian, US, or UK. Next, select a sector within that economy, like Financial Services, IT, or Pharma. From there, narrow down to an industry within the sector, such as AI, Clean-technology, or Hardware. Finally, choose a company within the industry. Don't worry if it seems complex – I'll provide examples and guidance throughout. 💡🔍
Conversely, the bottom-top approach flips this order. We start by selecting a company, then move up to its industry, sector, and finally, the economy. 💼🔄
Let's put theory into practice with the top-bottom approach: (a random example)
1. Choose India as the economy.
2.Select the IT sector for its promising future.
3. Opt for AI as the industry due to its potential.
4. Select Infosys as a company.
Now, it's your turn! Share examples of top-bottom or bottom-top approaches in the comments for practice. 💬💡
In the upcoming discussions, we'll delve into the fundamentals of sector, industry, and company analysis. Don't worry—I'll explain everything from market cap and cash flow to return on equity (ROE). 📊✨
Target of likes (boosts): 25+ (if we achieve our target than I will make Part 2) 🎯🚀
Follow for more such ideas & learning content! 🔍
AAPL charted for 1Apr24I want to see an open above this floor
as well as above this trend line & will
hold calls up to 173
$AAPL - Double top!NASDAQ:AAPL A double top pattern seems to be playing out, and it's getting close to breaking down. I'm still expecting the price to reach the $157 to $145 area.👀
AAPL Wait For Selling The Chart make Double Top Chart Pattern . the Chart need Pull back Before it continue To go Down .
(AAPL) Daily Bull Gartley patternPrice is apparently locked in a Harmonic Range; the most profitable environment for harmonic traders.
From the July '23 top, price printed a 0.618AB=CD(orange) and immediately had a natural harmonic reaction(NHR); which is the high probability minimal reaction one should expect from a Type1 harmonic pattern entry. After turning and creating a false support level, price fell sharply towards the orange pattern's HOP(harmonic optimal price) to potentially setup a Type1.5 pattern entry. This process caused the printing of another 0.618AB=CD(blue); it's HOP also tested @167.54. Price rallied sharply constituting the end of both Type1 long trades. From this peak @182.34 price declines sharply and pushes towards the 1.13 fib extension; creating a pivot(this is a textbook picture of the 'failed wave' phenomena associated with the 1.13 extension). This retesting, turning process presented a Type2 long entry for both orange & blue patterns and resulted in an extreme impulse that touched all Type2 targets.
Price printed a Bear Shark pattern(red) when it touched the 0.886 retracement @194.52 and, after divergent topping action, carved out a major pivot. The move down to 180.17 in Jan. '24 completed the Type1 Bear Shark entry and printed a Bull 5-0 harmonic pattern(not plotted, but the PRZ box is there in red). After an initial reaction and retest of the PRZ price surged towards the pattern's Target1, but peaked just short of it. This notwithstanding, price reaching the core measurement of the past Bear Shark(red) triggered a Type2 short entry. The target for this entry was @169.54. After spending a month creating a false support level the bottom fell out and price went to target.
This process has created a Bull Gartley pattern(purple). This large pattern has a Bull Deep Crab pattern embedded within it(aqua). A Type1 long entry was triggered, but, after a NHR, price has reasserted itself to the downside; setting up the potential for a Type1.5 long entry. Note the gap down towards 170.40 and the retest. To my eyes, this action is a confirmation that we are likely in a Harmonic Range. Ideally, price would show a false support level here and create a trap-door bottom near 167.17. Instead, it might continue to consolidate here for a spell only to breakout to the upside. In both of those scenarios, a strong earnings report will propel price higher. There are a few other scenarios based on the upcoming earnings dynamics, but those must be assessed at that time. If I'm wrong and this sucker wants to go much lower, expect price to show a false support level here and breakout sharply to the downside; exacerbated by a poor earnings report.
A bona fide Harmonic Range has two phenomena at work within it that makes it so attractive to harmonic traders. Within the range, patterns will emerge subsequently; offering many trade opportunities. And, due to the nature of a range, the patterns will not only enjoy an incredibly high win rate, but will also yield outsized gains relative to the harmonic trading model in a vacuum.
I have plotted the least steeply inclined potential down trendline and remain on the sidelines awaiting a signal to go long. If a trade is triggered, my sights will be set towards the top of the range @194.52.
Apple Inc.Apple - price is on a massive area of support , but still is strong downtrend , momentum is strong too and its bearish , if price break below that area , than price will probably continue to go down even further. Valuation of the company is undervalued at this point.
AAPL on a wide view continues SHORTAAPL on the weekly continues to fall from a double top put in at 195 in July 23 and this past
January. China issues are looming with competition domestically within China, factory issues
and the recession. The hart shows an established trend down seeking support at the Fibonacci
level in blue. The predictive algo looking back an the regression line pattern forecasts a
continued fall through the fib zone into the 125 area. Indicators are all consistent with the
same. I have a deep respect for advanced mathematics and will comply with the forecast.
AAPL is a short and the little retrace up is an opportunity to add to my positions.
APPLE Analysis - Continuous, Just as the Markets !This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators.
* Trend is Based on TrapZone Color
* Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves.
* Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply & Demand
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1-16-2024
GREEN TrapZone with RED UMVD. Price sliding as US MSI also points to weakening in the market. Hold On to You Hats I Say :)
Appl Long 4HrDecided to go long on AAPL on the 4HR chart all my tools and indicators have lined up. i believe we could see a retracement to 179 potentially 180 we could hit 185 if we pull up quickly or have some volitility
nasdaqThe provided code is an implementation of a grid strategy in Pine Script, a programming language specific to TradingView. Here's a breakdown of the code:
Strategy Settings: The code starts with defining the strategy parameters such as the strategy name, overlay option, pyramiding rule, quantity type, initial capital, currency, and commission settings.
Input Configuration: The code defines several input variables that control the behavior of the strategy. These inputs include options for using auto bounds or manual bounds, selecting the bound source (recent High & Low or Simple Moving Average), lookback period for auto bounds, deviation for auto bounds, and upper and lower bounds for manual bounds. There is also an input for the number of grid lines in the strategy.
Function to Calculate Grid Bounds: The f_getGridBounds function is used to calculate the upper and lower bounds of the grid. It takes inputs such as bound source, lookback period, deviation, and whether to calculate the upper or lower bound. If the bound source is set to "Hi & Low", the function calculates the bounds based on the highest high or lowest low in a specified lookback period. If the bound source is set to "Average", the function calculates the bounds based on a Simple Moving Average with the specified lookback period. The deviation parameter adjusts the bounds either outward or inward.
Function to Build Grid: The f_buildGrid function is responsible for constructing the grid. It takes inputs such as the lower bound, grid width, and the number of grid lines. The function iteratively adds the grid lines to an array using the lower bound and width.
Function to Get Nearest Grid Lines: The f_getNearGridLines function is used to find the indices of the nearest grid lines above and below a specified price. It takes the grid line array and the price as inputs and iterates through the array to find the relevant indices.
Variable Declarations: Several variables are declared to store the current upper and lower bounds, grid width, grid line array, order status for each grid line, and the nearest grid lines to the current price.
Grid Trading Logic: The main logic of the strategy is implemented in a for loop. It checks if the current price is below a grid line, there is no open order for that grid line, and it is not the last grid line. If these conditions are met, a buy order is placed for the corresponding grid line. Similarly, if the price is above a grid line and it is not the first grid line, a sell order is placed if there is an open order for the previous grid line. This logic allows the strategy to buy and sell at the grid lines.
Dynamic Grid Bounds: If the auto bounds option is enabled, the code updates the upper and lower bounds, grid width, grid line array, and nearest grid lines based on the current market conditions. This allows the grid to adapt to changing price levels.
Overall, this code provides a framework for implementing a grid trading strategy in TradingView using Pine Script. It allows for customization in terms of grid configuration, bounds calculation, and adaptability to market conditions.
AAPL charted for 28MarRe-entry for AAPL discussed in the video. Took the trade earlier but didn't hold, even though I wasn't really given a signal to stop out.
AAPL still defending key supportAAPL is retesting a key area of weekly timeframe support and holding well. This level remains on watch.
Apple - Go Long NowHello Traders, welcome to today's analysis of Apple.
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Explanation of my video analysis:
In 2019 Apple prefectly retested the previous all time high and started creating a solid rising channel formation. As we are speaking Apple stock is once again retesting the lower support of the channel which is perfectly lining up with previous resistance now turned support. If we see bullish confirmation on the smaller timeframes, I am looking for new long setups on Apple.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Apple and Berkshire: Understanding the Dynamics of a StrategicUnveiling the Magnificent Seven: Analyzing Berkshire's Relationship with Apple and the Tech Giant's Future Prospects
The term "Magnificent Seven" encapsulates a prestigious group of megacap companies valued collectively at around $13 trillion. These titans represent approximately one-quarter of the S&P 500 index and over one-tenth of all publicly traded stocks by market capitalization.
Among the illustrious members of the Magnificent Seven are Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla. Remarkably, Berkshire Hathaway holds a stake in only one of these esteemed companies. Under Warren Buffett's stewardship, Berkshire initiated its investment in Apple during the first quarter of 2016, gradually elevating it to the conglomerate's largest holding. Nevertheless, Berkshire divested approximately 10 million shares of Apple in the fourth quarter of the preceding year, sparking speculation about potential further sell-offs in 2024.
Despite the recent reduction in Berkshire's Apple holdings, Warren Buffett's favorable sentiment toward the tech giant remains steadfast. He previously lauded Apple as a "better business" compared to any other company within Berkshire's portfolio. Such sentiment likely endures, as evidenced by Berkshire's substantial 43% allocation to Apple within its $372 billion stock portfolio as of the fourth quarter's conclusion, indicating a resolute conviction in the investment.
However, Berkshire's decision to trim its Apple shares may be influenced by concerns raised by analysts like Jordan Klein at Mizuho. Issues such as sluggish iPhone sales in China and the introduction of the Digital Markets Act (DMA) in Europe have cast shadows of uncertainty over Apple's future revenue streams. The DMA mandates digital platform operators to accommodate third-party app stores and alternative payment options, potentially impinging on Apple's revenue channels.
Investors eagerly await Berkshire's first-quarter trading activities, slated for disclosure no later than May 15th through a Form 13F filed with the SEC. Until then, investors must contemplate whether Apple remains a compelling investment opportunity at its current valuation amid prevailing market conditions.
Apple boasts a significant advantage in brand authority, a testament to its engineering prowess. By seamlessly integrating captivating hardware with exclusive software, Apple crafts a distinctive user experience highly sought after by consumers. This allure is further heightened with the proliferation of Apple devices, endowing the company with considerable pricing power. Notably, last year, the average iPhone commanded three times the price of the average Android smartphone, according to eMarketer.
This brand authority has propelled Apple's dominance across various consumer electronics segments. Leading global smartphone shipments last year, Apple also clinched top positions in tablet and smartwatch shipments, alongside a noteworthy fourth place in personal computer shipments. Recognizing the intermittent nature of hardware purchases, Apple strategically diversified its offerings with a suite of complementary services, effectively capitalizing on its expansive user base, which now exceeds 2.2 billion devices.
However, Apple encountered a setback in the first quarter of fiscal 2024, ending Dec. 31, 2023, reporting lackluster financial results. While revenue edged up 2% to $119.5 billion, robust services performance was offset by declining sales in the iPad and Wearables categories. The services segment witnessed notable expansion, propelled by robust advertising, streaming video, and cloud storage revenues. Additionally, bolstered by share buybacks and the ascendancy of high-margin services, gross margin surged by 290 basis points, with GAAP earnings spiking 16% to $2.18 per diluted share.
Despite these gains, a concerning trend emerged in China, where sales plummeted by 13% in the December quarter, with iPhone sales slipping further by 24% in the subsequent six weeks of 2024. This contrasts sharply with Huawei's remarkable 64% surge in sales, posing a formidable challenge in the region. CEO Tim Cook remains sanguine about China's long-term prospects but acknowledges the need for vigilance, given its significant contribution, constituting about 17% of Apple's revenue.
Looking ahead, Grand View Research anticipates a 6% annual growth rate in the consumer electronics market through 2030. Moreover, mobile application sales, mobile wallet revenue, and digital ad spending are forecasted to experience substantial growth rates of 14%, 28%, and 15% annually, respectively, during the same period. These markets present pivotal opportunities for Apple, with the App Store alone contributing about one-third of its services revenue.
Despite Wall Street's bullish outlook, forecasting a 5.8% annual sales growth and 8.3% annual earnings per share growth over the next five years, concerns linger regarding Apple's current valuation, standing at 27.4 times earnings. Moreover, challenges such as dwindling iPhone sales in China and potential regulatory impacts on App Store sales in Europe inject further uncertainty. Given these considerations, prudent investors may opt to exercise caution with Apple's stock, with a potential inclination towards reducing exposure if already invested.
AAPL AnalysisTaking a shot at AAPL long term bearish case. By drawing fib extension from 2021 high to 2022 low and recent double top high, we can clearly see double top breakdown and currently we are at neckline.
Ideal entry is retest of 170$ price zone with TP1 157$ and TP2 140$
Timeline we are looking for might span 6 months.
$AAPL (RARE) Gravestone Inside DailyMy Plan (CAN SWING):
175C>171.24 | 165P<169.76
MINIMAL support below WATCH for a BREAKOUT this week or next!
I plan to FULLY automate my OPTIONS plays
BONUS PICKS - LIKE IF YOU WANT THESE EVERYDAY!
FREE #OPTIONS Ideas
Scale out when above 25% Profit
NASDAQ:AMD 185C>181.97 | 175P<176.96
NASDAQ:AAPL 175C>171.24 | 165P<169.76
NASDAQ:AMZN 185C>180.20 | 175P<178.20
NASDAQ:META 510C>508.52 | 495P<496.69
Long AppleLast time RSI was this low was DEC 2018 BOTTOM before meteoric rise.
MACD is showing a Classic Bullish Divergence
P.E Ratio is around the P.E warren buffet bought more apple at.
Chart shows another falling wedge.
We are sitting on an .886 fib retrace that I did not draw on the chart, from the previous low to high.
Sentiment around apple is Poor (good time to be contrarian?)
bullish scenario of the second wave of the sideways correction pDear analysts and traders,
I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules.
As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering different scenarios that are likely to occur in the market. It should be noted that I do not like to be surprised in the market, and that's why I have different market prospects. I follow them to be sure and recognize the structure that is forming so that I can 100% recognize it.
I will share my analysis with you, but please note that I am not providing any buy or sell signals. My perspective on idea analysis is completely unbiased, so if the idea analysis meets your standards, you can use it as a guide to make an informed decision.
I have attached my previous analysis of the same market so that you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand. However, having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily.
I have been studying the Elliott Wave Principle for almost three years now, and over time, my understanding of this knowledge and experience has grown. What I have achieved so far is the legacy of a genius called Ralph Nelson Eliot, and I am really happy with my progress. May peace be upon him.
Thank you for your support so far. I will always remember your kindness. Please share your comments and criticisms with me.
I hope my analysis will be useful to you in your business journey, and I wish you all the best.
Sincerely,
Mr. Nobody
Important Update on US Government Lawsuit Against AppleThe recent US government lawsuit against Apple has sent shockwaves through the stock market, causing many traders to reevaluate their investments in the tech giant. The lawsuit alleges that Apple has engaged in anti-competitive behavior by restricting competition in the App Store, potentially harming consumers and developers alike.
As traders, it is important to proceed with caution in light of this lawsuit. The outcome of this legal battle could have significant implications for Apple's future profitability and market value. Until there is more clarity on the situation, it may be wise to hold off on investing further into Apple.
It is crucial for traders to carefully monitor the developments of this lawsuit and consider the potential risks involved in holding Apple stock. By staying informed and making informed decisions, we can protect our investments and navigate this uncertain time in the market.
In conclusion, I urge all traders to exercise caution and refrain from investing in Apple until more information is available regarding the US government lawsuit. Stay informed, stay vigilant, and protect your investments.
APPLE RALLY SETUP back to 185The chart posted is that of APPLE. we have dropped back down to a .382 Area and have formed a Positive Divergence in RSI . and have touched the weekly BB bands . I have now taken a position in dec calls options . I will wait to sell into 185 area ...
