Apple Longs (Weekly)Ready to shoot off. Retest of key demand zone, and rebounding with bullish upside pressure.
We will break the highs and reach beyond to the 210s.
AAPL trade ideas
The Power of Supply and Demand: Apple Stock Smart InvestmentAre you looking to make a smart investment with the potential for high returns? Look no further than Apple stock (NASDAQ: AAPL). In this supply and demand stock analysis, I will explore the power of supply and demand in driving the value of Apple stock and why investing in this tech giant could be a game-changing move for your portfolio. Read on to discover why now is the perfect time to jump on board with one of the most iconic companies in the world.
One of the key factors driving the success of Apple’s stock is its strong weekly demand level, which recently took control a couple of weeks ago at $174 per share. This demand level refers to the amount of interest and investor purchases in a given week. In simpler terms, it reflects how many people buy and hold onto Apple shares.
AAPL IS LOOKING PRIME FOR LONG TERM HOLDWhile it is possible AAPL is in wave three already, it is more likely based on volume that there is more short term pain, at which opportunity will likely present itself.
AAPL SELL+++++I have posted a couple times recently I don't like the way AAPl has been trading recently. Today we had a big spike induced by Fed liar Jerome Powell and his blah blah blah lies. After hours bad news hit AAPL which erased the days gains. I believe this will see $154 in coming weeks where we have strong support, bounce and likely continue lower for many reasons of valuation, AI threats, China politics, etc. AAPL has lots of overhead resistance at $179, this last move upward was nothing more than an oversold dead cat bounce.
AAPL March 14, 24: A Comback JourneySince July, 2023 NASDAQ:AAPL has been a laggard during a huge uptrend powered by developments in AI.
It definitely was not a place to put money in, at least for trend-following traders.
Currently NASDAQ:AAPL form what is called dead-cross, with its MA-50 crossing down MA-200. I think, the stock might goes down further from here, although I never short any stocks.
What I am doing now is follow the strongest stocks at their new high, those are outperforming the overall market.
Regarding NASDAQ:AAPL I am definitely keep an eye on this stock to participate in its comeback journey.
The stock is trading below all its key moving averages MA-50/150/200 right now. A move crossing up the lowest of these MA will be my first entry point.
AAPL potential buy setupReasons for bullish bias:
- Bullish XABCD
- Price bounced from support
- Strong bullish candles
Here are the recommended trading levels:
Entry Level(CMP): 178.06
Stop Loss Level: 166.85
Take Profit Level 1: 189.27
Take Profit Level 2: Open
AAPL breaks 50-day downtrend on FOMC dayCATALYST
Today is FOMC day. The Fed news just came out and it is seemingly positive, indicating that there are 3 rate cuts a head this year.
SETUP
Trend Reversal.
We are coming off a +55 day down trend. With today's announcement, we've broken the trend line.
RRR
8.07
PROFIT
12%
LOSS
2.55%
SOURCE
My list
Apple breaking out of a downtrendApple has been on a down trend since it made a new high at 200. If it breaks out of that channel around 177 and stays above 177. It can start an uptrend.
Major support and resistance levels have all been identified on the chart.
Apple Inc- bearish trendThis chart shows a series of LH and LL. I made a sell entry in LL with the previous LH as stop-loss.
Apple going down to around 120 april to june..There is something happening to the stock market in April... so make sure you get out of Apple if you want some cheap apple later... The market will recover but it will be painful
AAPL Potential Double Top AAPL still falling after hours……should close below $179.90 (Key Resistance) if the Fed Rate Decision initiates a pullback in the market then that will definitely assist my idea on AAPL continuing downward towards our next support level around $169.50❗️
AAPL vs Indexes YTDApple stock vs major indexes the SMH - YTD Seems more and more to be a good value and looking for long opportunities.
$AAPL could be stuck in this range for a whileI think with Powell tomorrow we can reject this level. I see $APPL going to $200, but not until two years from now, based on this chart pattern. I think in the short term puts around $165-155 and in the medium term by June 30 calls into $180-185 could work, but $APPL is barely moving and they could leave it around this range just burning premiums and without doing anything remarkable in terms of range. The AI announcement with Google seems like a small PR for now until it is fully integrated in the next OS version and even newer devices, which puts $APPL for $180-190 in the next Iphone cycle perhaps by June or August. For now I will leave $APPL in my "Meh" list.
Bullish On HourlyBullish Divergence observed on Hourly TF
Sustaining 173 will lead it to 179 - 180 once
Else, wait for the Breakout Above 203
Appl trendIs it back to 200 hunder for APPL. Long short puts calls ? Your call. Just putting it out there.
AAPL - Updated Analysis - Important PA ApproachingWe would love to see yellow strong buying continue to guide price out of our selling algos.
First step is a breakout of strong selling purple and then we expect a fight to occur between strong yellow and more tapered blue. Soon enough if blue or yellow holds price (bullish buying continuation) we will see a retest of our teal selling algo and that will be our first sign of a true bullish reversal.
Will keep you all updated as price continues to develop!
Happy Trading :)
AAPL charted for 19MarAAPL at the bottom of a trend channel.
If we open above, I like our chances long
here up to 178.45. Now that's a bit of a ways
away on the hourly so this may have to be runners
going into Wednesday.
An open up below the top of this box (173.45),
we could see a move down to 171.
AAPL Fading AwayApple has been in a down trending channel since the end of January and is unable to hold any gains. Today it gapped up on news that it is working with Google but faded from a high of 177.71 and closed at 173.72. Follow the price action down. 170.84 is support. If that breaks 166 is next stop, then 155.
AAPL BUY++++I don't like the way AAPL is trading hitting it's head on every resistance and gapping and selling off. From a technical perspective it held strong support at $168.54 and I believe we will see $176 in the next week or so which aligns with fib .618 $175.24 and dips should be bought or added. Will reasses. If we break support it'll get nasty like TSLA did, this is trading similar to TSLA in that it keep testing downside support and hitting it's head on overhead resistance. Longer term I expect AAPL to be much lower but first up
AAPL - What I seeIn terms of a swing trade or investment, I see no opportunity at this moment in AAPL. I am looking to see which way it breaks out of a tight consolidation of the last few days. It is close to overhead supply and I don't see a good risk/reward situation with a breakout to the upside.
Overhead supply around $180.
I can see a better chance going long by buying in demand below for a swing trade or investment. I also think selling puts in the lower demand is a decent bet.
If I wanted to do a scalp trade, I would look for a entry at the low of the last few days and take an entry around $169 and a stop at $167.75 I would only do this as a confirmation trade (meaning it has to dip below $169 without going below $167.75 and then taking a limit order at $169) with a target near the top of the consolidation. $172.75 allows a profit or $3.75 for each $1.25 that is risked.
AAPL Harmonic Elliott Wave and Hurst's Cyclic AnalysisReview:
Let's review the key points of the previous update (Feb 24th):
Wave b of W of (B) completed as a triangle.
Started wave c of W.
3 weeks of extreme bearishness ahead going into a 20W trough.
80D cycle FLD has generated a downside target of 168.94 to 170.84 for the upcoming trough in March.
Trough expected March 8th to 23rd.
Update:
We got the bearishness with a level of intensity that was expected. AAPL bottomed on March 7th at 168.49.
Analysis of the Structure:
We have started wave X of (B) and I think the price action of AAPL is going to be very ugly and slow-moving in the next 1-2 month. It seems wave X is developing as a double zigzag.
Analysis of the Cycles:
On March 7th, we formed a 20W cycle trough. The next major trough is an 18M cycle trough in early July.
Some important dates to remember:
1. 40D cycle trough: 9-10 April.
2. 80D cycle trough: 14th May.
AAPLI know everybody was saying if AAPL is below 180 it's not good. I don't necessarily disagree, but what if 180 wasn't the real level to get too too bearish on AAPL. The way I see it 168 might be the level we should be worried about, but even then if y'all remember in 2023 157 was the level to get above. I always like to say IDK when I post a chart because I really don't know what's going to happen. BUT yall tell me whats up. IDK
A very key moment for $APPL here in March-April I guess that you can say that this and next month are pretty huge for the technicals of the NASDAQ:AAPL chart..
This is the Logarithmic Monthly for 🍎
-AAPL almost tagged the 20month MA (green)
-AAPL has broken below the 21year uptrend and rejected the 5year uptrend support (orange)
NASDAQ:AAPL
