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.
APC trade ideas
$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
Apple Reaches $490 Million Settlement Over China Sales CommentsApple ( NASDAQ:AAPL ), the tech giant synonymous with innovation and cutting-edge products, finds itself embroiled in a significant legal saga following a $490 million settlement over allegations of shareholder deception. The lawsuit, stemming from Chief Executive Tim Cook's remarks regarding iPhone demand in China, has drawn attention to the complexities of corporate transparency and accountability in the ever-evolving global marketplace.
The Genesis of the Lawsuit:
At the heart of the controversy lies Apple's unexpected announcement on January 2, 2019, revealing a staggering cut in quarterly revenue forecasts by up to $9 billion. This abrupt disclosure, attributed to escalating U.S.-China trade tensions, sent shockwaves through the market and triggered a swift decline in Apple's share price.
Tim Cook's Statements Under Scrutiny:
Central to the lawsuit is Chief Executive Tim Cook's remarks during an analyst call on November 1, 2018, where he downplayed concerns about iPhone sales in China. Despite acknowledging sales pressures in other markets, Cook notably excluded China from the list of countries facing challenges. However, subsequent actions, including directives to suppliers to curb production, painted a starkly different picture, raising questions about the accuracy and transparency of Cook's statements.
The Legal Battle Unfolds:
Following the revelation of diminished iPhone demand and the subsequent plunge in Apple's stock price, shareholders swiftly took action, filing a class-action lawsuit against the tech behemoth. The preliminary settlement, amounting to $490 million, represents a significant milestone in the protracted legal battle, albeit subject to approval by U.S. District Judge Yvonne Gonzalez Rogers.
Implications and Fallout:
While Apple ($APPL) has denied liability, opting to settle to avoid prolonged litigation, the ramifications of the lawsuit extend far beyond the courtroom. The settlement underscores the importance of corporate transparency and accountability, serving as a cautionary tale for companies navigating the complexities of global markets.
The Road Ahead:
As Apple ( NASDAQ:AAPL ) navigates the aftermath of the settlement, stakeholders and investors are left pondering the broader implications for corporate governance and investor confidence. The tech giant's meteoric rise since the onset of the lawsuit, with its share price quadrupling and market value exceeding $2.6 trillion, adds another layer of complexity to the narrative.
How to trade AAPLAAPL, now at 170.78 on MArch-15-2024 ::
Looks like broad flat pattern in progress in Wave4 ( Per EW , wave 4 is a consolidation phase )
Simple Strategy to investors.
buy at cmp,
Wait and buy again at lower trendline at around 167.5
Hold with conviction for 4 to 6 months
Target price to watch --> 202-204
Apple Double Top Possible formation of a double top on Apple, if the neck line breaks at the October 2023 lows at 165.60 dollars the possible target could be 138 dollars.
However, the daily RSI remains oversold after the minimum of 21.8 reached on March 6, 2024, one of the lowest levels ever in Apple's history.
$AAPL looks insteresting but becareful
NASDAQ:AAPL stock price has declined roughly 7.56% year-to-date, underperforming the broader market. Has not been leading this year, but that doesn't mean is a bad company, NASDAQ:AAPL is an strong company with a robust financials.
This week, a bearish signal emerged with the 50-day simple moving average (50SMA) falling below the 200-day SMA, known as an inverse golden crossover.
Support: $168.50. If the stock price breaks below this level, it could indicate further decline.
Resistance: $175.85. Any upward movement may face resistance at this level.
The recent price decline and the inverse golden crossover suggest a potential continuation of the downtrend. A break below the support level of $168.50 could further weaken the stock price.
NASDAQ:AAPL recent earnings report beat analyst estimates, indicating strong financial performance.
Upcoming earnings report (expected on April 25, 2024) for insights into future performance.
This analysis is for informational purposes only and should not be considered financial advice. It is recommended to consult with a financial professional before making any investment decisions.
AAPL Death Star printed.We have the ominous DEATH STAR in AAPL along with a doji on increased volume; bear flag doesn't look pretty either.
AAPLAAPL is currently trading above the Point of Control (POC) and the cloud, suggesting a potential upward movement. Additionally, the MACD indicator is on the verge of crossing up, further indicating a potential bullish momentum.
How to Use Price Action in Stock Sector RotationsIn the intricate world of technical analysis (TA), Price Action Correlation Models stand out as a sophisticated strategy that leverages the interconnected movements of stocks within the same industry. This approach is underpinned by the premise that stocks in the same sector often move in tandem due to shared economic, market, and sector-specific factors. By analyzing these correlations, traders can anticipate market movements and make informed decisions. This article delves into the definition of Price Action Correlation Models, explores their strengths, and provides examples of their successful application.
Price Action Correlations in Sector Models
At its core, a Price Action Correlation Model is an algorithmic framework that examines the price movements and relationships among stocks within a particular industry. These models focus on index stocks, which are the most highly capitalized companies in an industry, as benchmarks for the sector. By monitoring how other stocks correlate with these benchmarks, the algorithms can identify potential trading opportunities when trends align. The strategy is predicated on the assumption that stocks within the same sector are likely to exhibit similar price movements over time, influenced by overarching industry trends, economic factors, and market sentiment.
The Strengths of Correlation Models
Sector Focus: One of the key advantages of Price Action Correlation Models is their ability to capitalize on sectoral correlations. This focus allows traders to benefit from the diversification within a specific industry, reducing the risk associated with single-stock investments.
Simple Implementation: Compared to more complex quantitative models, Price Action Correlation Models are relatively straightforward to implement. This simplicity makes them accessible to a wider range of investors, including those with limited technical expertise.
Diversified Exposure: By spreading investments across multiple correlated stocks within the same sector, these models offer a layer of risk management. This diversification can mitigate the impact of adverse movements in any single stock.
Swing Trading in Sector Rotation Strategy
An exemplary case of Price Action Correlation Models in action is the Swing Trader Sector Rotation Strategy. This algorithmic approach capitalizes on the rotational movement of sectors within the market. By identifying sectors poised for growth and analyzing the correlations among leading stocks within those sectors, the strategy aims to enter trades aligned with sectoral trends. The use of fixed stop-loss and take-profit levels provides a disciplined exit strategy, mitigating potential losses and locking in gains.
This strategy exemplifies the practical application of Price Action Correlation Models, demonstrating their potential to yield positive returns through a focused, sector-based approach. However, as with any investment strategy, success is contingent on a range of factors, including market conditions, investor discipline, and the ability to adapt to changing dynamics.
The algorithm of the robot consists of two parts:
Analysis of the price action correlation between the movement direction of main stocks and other stocks included in the same sector. This analysis of correlated stocks is a popular method used by hedge funds to create trading strategies. Our team of quants conducted multi-level backtests on a large amount of historical data to identify correlation relationships between the sector leaders and other stocks included in it.
Creation of an optimal diversification model based on a quantitative analysis of the efficiency of various combinations of industries. The robot uses 22 sub-industries from different sectors such as Industrials, Energy, Consumer Services, Real Estate, and Finance. This approach ensures that our users are not overly dependent on market cycles or external events that could negatively affect the dynamics in a particular industry.
The average duration of a trade is only 2 days, allowing our users to effectively use capital and avoid getting stuck in a single position for an extended period. The maximum number of open trades is 86, which ensures good diversification to reduce the impact of a single trade on overall profitability.
After entering the trade, the AI Robot places a fixed order "Take profit" at the level of 4% of the position opening price. To exit the trade, the robot uses a fixed stop loss of 4% of the position opening price, which helps our users avoid large drawdowns.
The robot's trading results are shown without using margin. For complete trading statistics and equity charts, users can click on the "show more" button on the robot page. In the "Open Trades" tab, users can see live how the AI Robot selects equities, enters, and exits in paper trades. In the "Closed Trades" tab, users can review all previous trades made by the AI Robot.
In the dynamic realm of stock trading, Tickeron Inc. emerges as a pioneering force in AI-driven trading solutions, marking a notable advancement. Dr. Sergey Savastiouk, CEO and Founder of Tickeron, introduces their newest feature aimed at streamlining quantitative stock analysis. Positioned as a leader in algorithmic AI trading, Tickeron serves a diverse clientele, including individual investors and developers of exclusive neural networks.
AAPL - Post market analysis and what to look out forPretty boring price action today but it did tell us a lot in terms of which algorithms are in play. Yellow was activated as a strong buying algorithm which should be used to take us out of tapered orange - But we will need PA over the coming days to confirm this and for price to begin using our strong blue buying continuation to continue a move upward to retest further selling algos.
Have a great evening and
Happy Trading :)
AAPL - Trade opportunities in both directions. Look for thisAre we controlled buying in Magenta? Or did we begin activating strong blue continuation to break out of purple for a retest of teal tapered selling?
We have no short term bias here and will allow price to show us where it wants to go. luckily, we have the guide to give us confirmation for either direction.
Goodluck in the markets today and...
Happy Trading :)
Buffett Trims Position in AAPL ! The End of the Apple Car Dream In the wake of Apple Inc.'s recent fiscal first-quarter results, a concerning narrative unfolds as the tech giant faces significant challenges.
Sales in China plummeted by 13%, amounting to $20.8 billion in the quarter ending December 30. This stark decline not only fell short of analysts' expectations, who had predicted $23.5 billion, but also marked Apple's weakest December quarter performance in the Asian nation since the beginning of 2020.
The downward trajectory doesn't seem to stop there. In a notable move, Goldman Sachs has removed Apple stock from its 'U.S. Conviction List,' casting doubt on the company's short-term prospects. This decision by one of the world's leading investment banks signals a loss of confidence in Apple's ability to outperform in the market.
Adding to the turbulence is the breaking news that Apple is winding down its ambitious electric car plans, ending a decade-long venture. According to reports from Bloomberg, the company is set to cut some employees associated with the Apple car project, with many expected to transition to focus on artificial intelligence (AI) initiatives. This strategic shift raises questions about Apple's ability to stay competitive in the rapidly evolving tech landscape, especially given the intensifying competition in the AI sector.
Adding to the mounting concerns surrounding Apple Inc. (AAPL), Berkshire Hathaway, led by legendary investor Warren Buffett, made a notable move in its latest 13F filing. Dated February 14 and covering the period ending December 31, 2023, the report reveals a strategic decision by Berkshire Hathaway to sell approximately 10 million shares of Apple.
My Price Target for AAPL is $168 by mid 2024.
APPL INCApple Share Pullback Sparks Renewed Optimism for Future Gains
Description:
In the dynamic realm of financial markets, Apple Inc. (AAPL) has recently experienced a share price pullback, igniting both caution and excitement among investors. The recent downturn saw the stock price temporarily declining, triggering a wave of stop-loss orders. However, astute market observers are now contemplating a potential reversal in this trend, as historical patterns and fundamental indicators suggest the possibility of an upward trajectory in the near future.
The Apple share pullback, though unsettling for some, is a common occurrence in the ever-evolving landscape of stock trading. Markets are often subject to fluctuations driven by a multitude of factors, including macroeconomic conditions, industry trends, and investor sentiment. Such periodic declines can be interpreted as opportunities for shrewd investors who understand the company's underlying strengths and potential for growth.
As stop-loss orders were triggered during the recent pullback, some market participants may have been compelled to sell their Apple shares to limit potential losses. This mass selling could have contributed to the temporary decline in the stock price. However, seasoned investors are aware that market sentiment can sometimes overshadow a company's intrinsic value. Apple's robust product ecosystem, consistent innovation, and global brand recognition are formidable assets that have historically propelled its stock price to new heights.
Investor optimism is buoyed by historical precedence, as Apple has demonstrated resilience and the ability to rebound from similar setbacks in the past. Notably, the company has exhibited a history of recovering from pullbacks and establishing renewed momentum in its stock price. This pattern underscores the potential for a similar resurgence in the wake of the recent downturn.
Furthermore, fundamental indicators continue to paint a positive picture for Apple's future prospects. The company's strong financials, consistent revenue growth, and ongoing expansion into emerging markets contribute to a favorable outlook. As Apple continues to innovate across its diverse product portfolio, including smartphones, wearables, and services, the potential for increased revenue streams and sustained market dominance remains compelling.
In conclusion, while the recent Apple share pullback may have triggered stop-loss orders and temporarily dampened investor sentiment, it also presents an intriguing opportunity for those who recognize the company's underlying strengths. Historical patterns of recovery, coupled with robust fundamental indicators, suggest that Apple's stock price may be poised for an upward movement in the near future. As always, investors should exercise diligence, conduct thorough research, and consult with financial advisors before making any investment decisions
