Apple STock trade setupSimple Dow Theory
Bullish Trend Line Broken
Trend Reversing to bearish
Bearish Divergence
Entry, SL and TP marked
AAPL trade ideas
apple what next apple is trading sideways
expect a down-move if start trading below 178 mark
overall regression trend of 80%
above 188-192 mark will resume its strong uptrend
volume on sell side are higher than average volume
AAPL Harmonic Elliott Wave and Hurst's Cyclic AnalysisReview:
Let's review the key points of the previous update (Jan 13th):
Waves (I) and (II) of c of 5 of (A) complete, now we are in wave (III) of c.
In the second 5D cycle of the first 10D cycle of the first 20D cycle of the first 40D cycle of the second 80D cycle of the 20W cycle.
20D trough expected on January 25th or 26th.
40D trough expected 12-14th February.
20W trough expected on March 11th.
Update:
Analysis of the Structure:
The structure of AAPL is very complex. The current count that I am showing on the chart is not my favorite, but it is the most reasonable one that I can see.
I think we have completed the bullish phase that was started in January 2023 (wave (A)) and now we are correcting that whole move (wave (B)).
I can see wave (B) developing as a double zigzag, and now we are in wave b of W of (B). Note that wave b is a flat correction and we are in its wave (c).
Analysis of the Cycles:
One of the major reasons that I am considering a bearish count is that today we got a small (but valid) cross of the upward 40W cycle VTL, which means the peak of the current 18M cycle is already in.
Points to consider:
1. 20W FLD downside target: 171.6.
2. 20W trough expected: last 2 weeks of March.
3. 40W cycle trough expected in July.
APPLE Waiting for a breakout?Currently going sideways in a range, I'm expecting a break out sooner or later. Some daily key levels marked with trend lines. These MAs should be used as S/R confluences.
AAPL 6% UP ? A popular stock + Above the average line 150 + triangle converging,
good quarterly report = Potential for a 6-8% increase / All time high ?
Only an idea and not a recommendation for trading!
Apple in a head and shoulders?Could go both ways. If the neckline breaks we'll see $160.
Use a stoploss please.
Apple's Ecosystem Growth
Apple Inc., ( NASDAQ:AAPL ) stands as a behemoth, with its ecosystem continuing to thrive, albeit with some nuances. The latest fiscal quarter results showcase a tale of mixed fortunes for the tech giant, revealing both triumphs and challenges across various product lines. Let's delve into the intricacies of Apple's recent performance and explore the dynamics that shape its trajectory.
Ecosystem Milestones:
Apple's CEO, Tim Cook, proudly announced an all-time revenue record, emphasizing the ecosystem's robustness, with paid subscriptions experiencing double-digit year-over-year growth. The installed base of Apple devices has surpassed a staggering 2.2 billion, illustrating the company's pervasive influence in the global tech market.
Hardware Performance:
While the overall product sales saw a marginal uptick of less than 1%, the performance across individual hardware categories varied. iPhone sales demonstrated resilience with a 5.9% increase, underscoring the enduring popularity of Apple's ( NASDAQ:AAPL ) flagship product. However, iPads faced a challenging comparison due to the launch of newer iterations, resulting in a 25% decline. Wearables also experienced an 11% dip, indicating potential shifts in consumer preferences. Mac sales, growing by less than 1%, contributed $7.7 billion to the quarter's revenue.
Services and Subscriptions:
Amidst the hardware fluctuations, Apple's ( NASDAQ:AAPL ) services business emerged as a beacon of growth, with paid subscriptions witnessing strong double-digit expansion. CFO Luca Maestri highlighted the milestone of surpassing 1 billion paid subscriptions across the company's platform, marking a significant doubling of the tally in just four years. Looking ahead, Maestri expressed optimism, anticipating a similar double-digit growth rate for the services business in the upcoming quarter.
Global Perspectives:
In terms of regional performance, CEO Tim Cook shed light on the contrasting fortunes of emerging markets. India exhibited robust double-digit growth, portraying the market's untapped potential. In contrast, China experienced a 13% decline, particularly in iPhone sales. Cook, however, expressed enduring optimism about China's long-term prospects, emphasizing the achievement of a new installed base 'high watermark' and robust year-over-year growth in upgrades.
Enterprise Expansion:
A noteworthy revelation during the earnings call was Apple's ( NASDAQ:AAPL ) strategic push into the enterprise sector. Tim Cook articulated the company's intention to expand its hardware presence beyond its traditional consumer-centric approach. With the upcoming Vision Pro debuting, Apple ( NASDAQ:AAPL ) aims to cater to the needs of enterprises, offering a seamless transition from personal to professional tech usage. Cook's statement that employees, given the choice, prefer using a Mac at both home and the office highlights Apple's ( NASDAQ:AAPL ) ambitions to capture the enterprise market.
Conclusion:
Apple's ( NASDAQ:AAPL ) recent fiscal quarter paints a portrait of a company navigating the complex interplay of hardware sales, services growth, and global market dynamics. As the tech giant continues to expand its ecosystem, delve into emerging markets, and target enterprise clients, the future holds both challenges and opportunities for Apple Inc., ( NASDAQ:AAPL ) Investors and tech enthusiasts alike are keenly watching how the company steers through this dynamic landscape, anticipating the next chapter in Apple's storied journey.
AAPL Update: 01/28/2024Apple looks as if it has topped in the ABC pattern as predicted. There is the possibility this is an impulsive move higher. If that were the case, then my ALT (turquoise) would be the ideal count. MACD never made a new high, and it dropped very hard and fast for a wave 4. These reasons help to re-enforce my thoughts this has been corrective. Next I want to see us make a 3 or 5-wave move lower into my target box. We should hit the 1.0 because almost everytime A=C at a minimum.
At this time, I still own those 2 puts with a strike of $170. If this is the c wave of larger A wave, then we should get a hard drop soon. It is towards the bottom of that hard drop that I will sell those puts ideally before it starts the last 4-5's of the count. Let's see what next week brings shall we.
AAPL Share Price Falls 3% After ReportAAPL Share Price Falls 3% After Report
After the close of yesterday's trading session, the once first-largest company by capitalization, Apple, reported on its activities for the 4th quarter of 2023. The actual numbers exceeded expectations:
→ revenue: actual = USD 119.5 billion (expected = USD 117.9 billion);
→ earnings per share: actual = USD 2.3 (expected = USD 1.99).
It would seem that things were going well, but this was due to the holiday period and the traditional seasonal increase in purchases of Apple products. In the future, analysts can expect a decrease in revenue, as was the case in 2023.
Confirming this possibility, Apple gave weak guidance for the next quarter given the decline in demand in China.
As a result, in post-market trading, AAPL's share price fell approximately 3% to the support level (shown by the black line) drawn near this year's lows.
The AAPL stock chart today shows that:
→ level A looks like an important resistance: the price cannot overcome it in order to move up along with the index;
→ a new threat of a bearish breakdown of the lower blue trend line has emerged - if it happens, the bears may try to test the important low of autumn 2023 (level B).
While the picture looks flat, given that AAPL's share price has been in an A-B range since the middle of last year, the situation could be potentially bearish given that the price cannot rise in a bull market.
Investors' hopes may be associated with the presentation of the Vision Pro headset, as well as with achievements related to the introduction of AI. As Tim Cook said, the company has “a lot of internal work going on,” but Apple is not revealing details yet so as not to “come to the forefront.”
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APPLE Stock Chart Fibonacci Analysis 020124 Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 190/61.80%
Chart time frame : C
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress : B
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) Hit the bottom
D) Hit the top
Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern.
When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point.
As a great help, tradingview provide these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved.
If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks.
If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
AAPL - short positionHi traders
Let's have a look at AAPL chart.
The price is approaching the resistance zone where it got rejected already 2 times . We are expecting that before the succesfful breakout we will get one more rejection therefore it could be a great entry for the short position. The stop loss should be placed above the ressitance line becasue if the price breaks this key level successfuly, the price will enter into the discovery mode and can go much higher before giving a deeper pullback.
The target for shorts is in the middle of the range which we've shown on the chart. We're expecting that the price will bounce from this support and will continue the uptrend.
Target for shorts: 190 $
bullish for appleplease keep in mind i dont day trade stocks, if i would i would take this trade, apple has been unbelievably bullish for a long time in multiple timeframes from high to low, price has retested a previous resistance zone which is now acting as support, giving us a long opportunity, lets see how it plays out
AAPL CalendarShort the 197.5 Strike for Feb 12 and Long the same strike Feb 18 Calls
A 3% volatility increase would put my breakeven at 185~
5%+ as low as 180.
Debit of .39 | Current Mark @ .47
Limit order: .84 GTD 2/5
Expecting a possible retreat to the .382 level, possibly even the .5 level, then a bounce back up.
I am kind of hoping for this as I'm also short a SPY call at 487 with a couple weeks left and would prefer not to roll. This spread gives me upside protection and will break even if the MAG7 decide to drop.
APPL history continues to repeat 🍏♻️boost and follow for more! thanks ❤️🔥this may be the 4th triangle breakout in recent history, break higher from it and we should rally to 200 by ER report end of week..
with a good ER report I expect to see new all time highs, and 220-240 in no time! 🎯
also a friendly reminder the Earnings report is after market close thursday, so we have a lot of time for the hype to build up until then... also im interested if they announce another split soon... it always gets so bullish when they do that haha xD
🍏💻 Apple Inc. (AAPL) Analysis 🌐📱📊 Industry Impact:
Apple, a technology giant, known for smartphones, tablets, and smart devices.
🔄 Customer Retention:
Ability to retain existing customers and attract new ones evident.
Half of recent Mac and iPad buyers were new to those products.
🚀 Innovation and Product Launch:
Continuous innovation highlighted by the upcoming Apple Vision Pro spatial computer.
Vision Pro mixed-reality headset set to launch early next month.
💡 Market Positioning:
Initial pricing challenge at $3,499 for widespread adoption.
Positions Apple as a significant player in the virtual reality (VR) and Metaverse space.
📈 Market Analysis:
Bullish outlook on Apple (AAPL).
Suggested entry above the $172.00-$174.00 range.
🎯 Upside Target:
Upside target set in the $230.00-$240.00 range.
📣 Conclusion:
Apple's innovation and market positioning contribute to a positive outlook.
Entry suggestion and upside target align with potential growth in the tech sector.
Stay informed for evolving developments! 📰💹 #AppleInc #AAPLAnalysis #TechMarket 🌐📊
