AAPL I STILL SAY IT"S A SELL UNDER WE TEST $200!AAPL bounced on .5 fibonacci around $206 and change and has now hit it's head on overhead resistance Fib .236. I still say we see $200 before making a new 52 week high! BS upgrades push this up temporarily then it seems to sell offShortby ShortSeller76113
AAPLIf orange line turns to support I think the profit zone is guaranteed here. Yellow -profit Green - buy zone Red -stop Risk is roughly 1.5%Longby RossCFC88111
AAPL CUP & HANDLE AAPL Weekly Cup & Handle Break Leading To A Rejection At The 161.8% Fib Extension (ATH). A Strong Close Above $213.37 Will Take NASDAQ:AAPL Back To ATH. Is Bears Don't Defend, You'll See $229.13 --> $241.71 If AAPL Cant Hold Above $207.49, You Will See $202.87-->$201.97-->$199.62by ENTERGALACTlC1
AAPL SELL++++AAPL should test support just under $200 in coming two weeks before possibly printing a new ATH. The daily action has been pathetic since $220, not sure how anyone sees this as bullish. We had a low of $206 and change yesterday and seem to be making lower highs $221, $217, $214, $212, $211. I had $212.50 puts expiring friday, today I sold them and repurchased 7/5/24 $210 puts I would sell credit call spreads or puts a few weeks outShortby ShortSeller762
AAPL Bull Call SpreadBuying a bull call spread on AAPL once price hits demand on the 65min chart. Using the underlying price to enter and exit the call spreadLongby TheTradingDen0
A Case Study in Currency DevaluationHello, I ran an analysis, comparing the returns of AAPL since 1/1/2000 denominated in global currencies. It is important to always think of currency risk, as it is ever-present. We live in an interconnected global economy with many moving parts, and currency is the foundation. by bruv673
apple trand apple inc is berish and retest demand zone then move rise up sell side move is gonaby Forex_With_MotiChoudhary118
Bearish Divergence in AAPLA bearish divergence is observed in AAPL in a daily timeframe. This could be a good opportunity to take short positions.Shortby wakqas124
Apple (AAPL): Bullish Breakout and What to Expect NextApple has broken out above the range between $198 and $165, currently trading around $210. This breakout is seen as very bullish, indicating that we can discard our alternative scenarios. We are confident that Wave (4) completed at $123 and we are now in the larger Wave (5). Current Situation: Elliott Wave Analysis: We believe that the initial super sub-wave ((i)) of the larger Wave (5) needs to correct after the strong rise since mid-April. Correction Levels: We expect a potential pullback to the $185 to $165 range. Whether it will reach as low as $165 remains uncertain. Confluences: RSI: The RSI is overbought but without a bearish divergence, indicating continued bullish momentum with a "normal" pullback. Volume: Support should hold around $175, providing a potential entry point during the correction. Strategy: No Immediate Orders: We are not placing any limit orders yet. Market Report: If we decide to place a limit order, we will issue a market report to inform our group. The outlook for Apple remains bullish. We anticipate a correction within the $185 to $165 range, with strong support around $175. We will monitor the situation closely and communicate any order placements through a market report.Longby freeguy_by_wmc4
Apple Inc. stock, key observations and potential1. Recent price action: The stock recently hit a high around $220, followed by a sharp pullback. This creates a potential "sell point" as indicated on the chart. 2. Short-term outlook: The chart suggests a bearish short-term outlook. After the pullback, there's a note to "Take Profit and watch breakout," indicating a potential further downside. 3. Support levels: Key support levels are visible at approximately $205, $198, and $192. These could act as potential bouncing points or areas to watch for a trend reversal. 4. Buy zones: Two potential buy zones are marked on the chart: - A higher "Buy Zone" around the $192 level - A lower "Buy Dip Zone" between roughly $174 and $180 5. Possible scenarios: a) The price could continue its downward trajectory, potentially reaching the higher buy zone around $192. b) There's a possibility of a retracement or consolidation before continuing downward, as noted on the chart. 6. Volume: While volume bars are not clearly visible, it's crucial to monitor volume for confirmation of price movements, especially at key support and resistance levels. 7. Long-term trend: Despite the recent pullback, the long-term trend appears bullish, with higher lows visible on the chart since late 2023. Trading strategy: 1. Short-term traders might consider short positions near the recent highs, with a stop loss above the peak and targets at the marked support levels. 2. For those looking to go long, waiting for price to reach either of the marked buy zones could offer good risk-reward ratios. The higher buy zone at $192 presents less potential reward but higher probability, while the lower buy dip zone offers greater potential returns with higher risk. 3. Risk management is crucial. Use stop losses below key support levels when going long, or above resistance levels for short positions. 4. Watch for signs of trend reversal, such as bullish candlestick patterns or increased buying volume, especially when price approaches the buy zones. 5. Be cautious of potential gaps or volatility around earnings reports or major economic news that could affect Apple's stock price. Remember, while this analysis provides a framework, real-time market conditions and additional fundamental factors should always be considered before making trading decisions. Past performance doesn't guarantee future results, and proper risk management is essential.Shortby Trustscore0
IS APPL GOING BULLISH?1HR CHART - Fib Retracement at 0.382 (at 209.28) - MACD Golden Cross - 20 June 2024, 1HR CHART, Trade was around 211-209, that might indicate potential Short Term Support. does my view make senses? Longby Firdausshafiee959
AAPL: Hourly and Daily Chart InsightsHourly Chart: Lower Highs and Key Support Level The hourly chart of AAPL indicates a short-term downtrend, characterized by a series of lower highs. This pattern suggests selling pressure is dominant in the near term. A key short-term support level is identified at 211.31. The price has recently breached this support, signaling potential for further downside. The 21 EMA at 212.94 is acting as resistance now. If the price remains below this level, it could confirm the continuation of the downtrend, materializing a pullback on the daily chart. Daily Chart: Fibonacci Retracement and Support Levels The daily chart shows AAPL’s recent bullish momentum, followed by a pullback. The stock is still bullish, and even a correction to the 21 EMA, or to one of its retracements would reverse its bullish sentiment. The 21 EMA at 201.11 provides additional support. If the price holds above the 38.2% retracement, making a bottom signal above the 21 EMA, it indicates strength and potential for a rebound towards the recent high of 220.00. A break below this level could lead to a test of the 50% retracement around 200.00, and possibly the 61.8% retracement near 195.00, triggering a sharper ccorrection. Conclusion: Monitoring Key Levels for Trend Confirmation AAPL's analysis on both hourly and daily charts highlights critical levels that we should monitor for trend confirmation. The hourly chart’s lower highs and breach of the key support level at 211.31 indicate short-term bearishness. The daily chart provide a broader perspective, suggesting that the trend is still bullish, despite the possibility of a correction. Holding above its support levels could signal a continuation of the bullish trend, while a break below may suggest further downside. Monitoring these levels will be crucial in determining the stock's next move. In an uptrend, corrections are usually buying opportunities if there is a bottom signal near support, since the risk/reward ratio is optimized. For more detailed technical analyses and insights like this, be sure to follow my account. Your support helps me continue providing valuable content to help you make informed trading decisions. Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation. “To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore All the best, Nathan.by Nathan_The_Finance_Hydra11
APPLE formed 1st 1D Golden Cross in 15 months! Attention needed.It wasn't long ago when we called for a buy on Apple's (AAPL) absolute technical bottom (April 25 and May 02, see charts below respectively): Needless to say that the 198.00 Target has been smashed. As the price reached the top (Higher Highs trend-line) of the 20-month (blue) Channel Up, the stock turned sideways and has been consolidating for the past 4 sessions. This is a strong indication of a medium-term Top. If rejected, we expect a Channel Down correction to at least the 1D MA200 (orange trend-line), where we will again buy for the long-term. If broken though, we will buy the first 1D candle close above the (blue) Channel Up and target $250.00. The reason for this bullish expectation is that Apple just formed the first 1D Golden Cross in 15 months (since March 22 2023). Last time it did, the price had already initiated the new Bullish Leg (in the form of a blue dotted Channel Up). It only started the medium-term correction of July 2023, when it closed a full candle below the 4H MA50 (thin red trend-line). At the same time, the 1W RSI had to hit the 79.00 overbought level. As a result, if you do turn bullish upon a 1D candle breaking above the (blue) Channel Up, consider booking the profit earlier if 4H MA50 breaks or the 1W RSI gets rejected on its 79.00 Resistance (unless your portfolio can support the correction). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇by TradingShot6661
I'm BatmanThe "I'm batman" chart pattern is something I've seen a few times over the years and it's always been a pattern that is highly correlated with cucking over-eager shorts that don't put enough effort into their analysis. It consists of a rally, a dip, a strange symmetrical twin-peak pattern with a spike that was sold down between them, and then an extended rally. This creates a pattern that resembles the "Batman Logo". The first example I will cite here is what occured on JPM back in 2011 when nobody believed that a recovery was possible after the Great Financial Crisis. The second image that cucked me going into the COVID-19 crisis. You can see that "I'm batman" always occurs as a pullback that leads to an extended "last resort rally" (that inevitably is a fake-out, or a trap). I am watching a similar form on NASDAQ:AAPL right now And my belief is, that is this resolves upwards as I expect, that this finalizes the final leg-up on tech stocks and indexes before the pullback or recession or however you interpret what comes afterwards. by RogueEconomicsUpdated 6618
AAPL: Analysis From 2004 to the present, we have seen a general increase in AAPL as you can see on the graph. But it was from January 2011 that buyers really came into play to gain the upper hand over sellers after the break of the vwap indicator and the resistance line. It must be said that AAPL will be on the rise during this year 2024 based on our analysis on the graph.by PAZINI191
How much longer can The QQQ rally without its underlying bredth.Since the end of November 2023 the QQQ has not gained any without the mag 7. The magnificent 7 have increased by 30%. If you take out TSLA the MAG 6 has increased by 44%. 6 companies holding up the weight of index. However, TSLA is looking quiet bullish. Mean while the QQQ's possible H&S bearish pattern. This concentrated rally might continue further although the Question is, is this sustainable and if so for how long? by Ryan1993554
Mag 7 BreakoutThe Mag 7 has been strong recently, pretty much carrying the entire market by itself. This will be important to watch, as long as the Mag 7 remains strong and in an uptrend, it's hard to argue against bulls. It had an ascending wedge which I deemed to be bearish, but now that it has broken to the upside, I have to be bullish until it falls back into the wedge. I'd expect the first retest of this wedge to provide some sort of bounce, so I'll be looking at the Mag 7 if that retest occurs and consider opening longs on any that are at or near support at the same time.Longby AdvancedPlays5
Apple Melt Up - Dont Fight ItI think Apple can push a 20% stock move from their recent AI announcement that kicked off on June 11. I don't think there's any appetite to sell or short when AI is melting up right now and now APPL joined the play. I think a move to $230 is reasonable. Breaking out of the 2 day flag pattern today. 15% envelope above 21 ma was last breached in the summer* of 2020. Would sell above that limit.Longby Audacity6185
APPL AAPL is in a strong uptrend with plenty of potential to rise further. My next target is $220.Longby AmyThongbai2
Apple's AI Breakout: How Much Higher Can it Go? Apple’s (AAPL) share price surged to a record high last week, driven by the tech giant’s recent foray into generative artificial intelligence (AI). As investors celebrate this milestone, questions arise about how much higher Apple can go and whether this momentum is sustainable. The Catalyst: Generative AI and iPhone Upgrade Cycle The excitement behind Apple's rally was sparked by the announcement of its generative AI offerings. After a period of relative silence about its AI ambitions, Apple made a bold move, positioning itself alongside other tech giants like Microsoft and Google, who have already made substantial advancements in AI. Generative AI has the potential to revolutionise various aspects of Apple’s product ecosystem. Imagine Siri with enhanced capabilities or hardware devices with significantly improved functionality. The market’s enthusiastic response reflects a belief that Apple’s AI initiatives could usher in a new era of innovation and revenue growth. Adding to the surge is the potential for a significant iPhone upgrade cycle. With over 1.5 billion iPhone users worldwide, the introduction of new AI-powered features could trigger a massive wave of upgrades. Historically, iPhone upgrades have been a substantial revenue driver for Apple. The integration of advanced AI features could entice current users to upgrade their devices, further solidifying Apple’s market position and driving financial performance. The Breakout: Daily Candle Chart Apple’s daily candle chart shows the significance of last week’s price action. The shares surged through a key area of resistance created by the highs that formed in July and December last year. The breakout was aligned with the stock’s multi-year uptrend and backed by strong volume. These two factors add weight to the theory that Apple’s AI-driven breakout is sustainable. However, the Keltner Channels, which wrap a 2.25 ATR band around a 20-day exponential moving average (EMA), indicate that in the short-term Apple’s share price is over-extended. Apple’s breakout saw the shares race outside of the upper Keltner channel, creating the potential for prices to revert to the mean should buyers who bought during the breakout decide to take profits. Given Apple’s long-term trend structure, we would expect the broken resistance zone to provide a key area of support moving forward. This structural level currently coincides with the 20-day EMA and may be targeted by trend continuation traders who are looking to time their entry into Apple’s powerful uptrend. Past performance is not a reliable indicator of future results Disclaimer: This is for information and learning purposes only. The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. Social media channels are not relevant for UK residents. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80.84% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. by Capitalcom1
Navigating Investment Decisions with Tradingview: Apple exampleHello, Investing and trading can easily scare participants in most cases. However, the different tools that Tradingview offers can make the work easier for you the investor. In this case I will be using a candlestick chart, a closer look at the price action, The date & price range tool, The vertical line tool and a combination of the financial data provided on the TV platform. 1st, My goal is to seek to understand the company. This can be done on the tradingview platform. This is very important because it builds a base on how the company makes its revenue as well as how its costs would look like. As per the platform. www.tradingview.com Apple, Inc engages in the design, manufacture, and sale of smartphones, personal computers, tablets, wearables and accessories, and other variety of related services. It operates through the following geographical segments: Americas, Europe, Greater China, Japan, and Rest of Asia Pacific. Investing is greatly an act of faith and understanding how the organization has performed in numbers is very key. Although this cannot be assurance that the company will keep performing that way in future, the Tradingview platform gives you a historical view of how the company has performed, its asset quality vs liabilities as well as the cashflow positions. The above for our specific company can be found here www.tradingview.com Once you have understood the story of the company and linked your narrative to the numbers, very key is to understand key upcoming events for the company and also how investors have reacted to the share price over a considerable period of time. Our company apple has ranged between prices of USD 165 & USD 200. This is since July 2023. The company continues to be in a range for that period and is currently trading at around USD 168.45. This gives us a great entry price since the company's fundamentals remain quite strong. Using the date & range tool shows us that the company took 99 days to move from price USD 198 to USD 166. This represents an erosion of -16% but still a short opportunity. The company then took 51 days to move back to its top of USD 198 per share. Just by merely looking at how fast the company is rising when it hits our bottom is great to show that the upwards momentum is stronger. Using this I shall be looking for buy opportunities from our current level with my target at the top. The vertical line is very key in helping us know where we begin our analysis. Very key also to bring into the analysis is the aspect of risk management which helps us set targets as well as identify areas where we need to exit our trades & relook at our analysis once again. Conclusion: Tradingview offers powerful tools that empower investors to make informed investment decisions. By leveraging features such as financial data analysis, market sentiment tracking, technical analysis, and risk management, investors can navigate the complex world of investing with confidence. Using Apple Inc. as a case study, we've demonstrated how Tradingview's tools can enhance investment strategies and drive success in the dynamic financial landscape.Educationby thesharkkeUpdated 17
AAPL next earningsAs of the last report, Apple's earnings are typically released quarterly. Here is a summary of the key highlights from Apple's most recent earnings report for Q3 FY 2023, which covers the fiscal quarter ending June 30, 2023: Financial Metrics: Revenue: Apple reported quarterly revenue of $81.8 billion, reflecting a 1% decline compared to the same quarter in the prior year. Net Income: The company reported a net income of $19.88 billion for Q3 FY 2023, compared to $19.44 billion in the same quarter the previous year. Earnings Per Share (EPS): Apple’s EPS for the quarter was $1.26, unchanged from the previous year.Longby alexpv730
AAPL, CONTINUOSLY REVERSAL FALLING WEDGE, 1HR CHARTHi, due to recent breakout, aapl need to find its footing before going bullish again. So I have identified some possibility. I need someone to verify my "falling wedge" pattern. Longby Firdausshafiee95444