AAPL Falling WedgeI see AAPL forming a possible Falling Wedge pattern….also we had held the $180 support level since we last crossed to the upside back in NOV 2023, retesting a few times since then. I believe we can breakout to the upside retest and continue higher.Longby Gutta_CEO_2
All eyes on AAPLSeems to be what everyone is looking at currently Apple has seen way more bullish days. Price has been slipping but so far the bulls are holding their own at that crucial 180 level. The bears keep on knocking. Will they be able to breakdown or can the Bulls make a late 4th quarter comeback? not trading Apple currently but still fun to watch by MindsetTrad3r0
Apple's Market Performance Amidst the Magnificent SevenThe renowned "Magnificent Seven," a collection of tech titans including Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla, has embarked on a diverse journey since the onset of the year. While certain members, notably Meta Platforms and Nvidia, have dazzled with stellar performances, others, like Apple, have faced a less triumphant trajectory, with its stock dipping nearly 5% year to date, positioning it as the second weakest link within the ensemble. However, the recent downturn in Apple's shares prompts a closer examination rather than outright dismissal. Let's delve into why Apple remains a compelling prospect for long-term investors. The decline in Apple's stock followed the disclosure of its financial results for the first quarter of 2024, concluding on December 30, 2023. Despite the tech giant's overall modest performance, particularly with net sales inching up by approximately 2% year over year to $119.6 billion, Apple's earnings per share showcased a robust 16% year-over-year surge to $2.18. Investor dissatisfaction primarily stemmed from the company's lackluster performance in a pivotal market - China. Sales in China encountered a 13% year-over-year dip, amounting to $20.8 billion, constituting roughly 17.4% of Apple's revenue for Q1 2024. The downturn was attributed to reduced sales of iPhones and other devices. Nevertheless, this setback is perceived as transient, with smartphone sales encountering hurdles in China throughout the previous year, partially due to broader economic challenges affecting various companies, not exclusive to Apple. Tim Cook, Apple's CEO, emphasized Apple's continued dominance in China and other markets, citing data from a Kantar survey. Analyzing Apple's first-quarter results reveals two optimistic facets, particularly concerning its performance in China. Firstly, the period encompassed 13 weeks compared to the previous fiscal year's parallel quarter, which spanned 14 weeks. Secondly, currency exchange rate fluctuations adversely impacted Apple's sales growth metrics in China. While the economic slowdown in China may persist temporarily, Apple's long-term growth prospects remain robust. The company's resilience, coupled with the anticipation of an economic rebound, positions Apple favorably for sustained success over the extended horizon. Apple's iPhone segment continues to spearhead revenue generation, witnessing a notable 6% increase to $69.7 billion in Q1 2024. Among Apple's diverse segments, only the services unit outpaced this revenue growth, boasting an 11.3% year-over-year upswing to $23.1 billion. With services contributing approximately 19% to Apple's overall revenue, this segment is increasingly pivotal for the company's trajectory. Artificial intelligence (AI) emerges as a significant frontier for Apple. While specific details remain undisclosed, Tim Cook hinted at forthcoming revelations regarding the company's continued investment in AI during the recent earnings conference call. Despite trailing behind industry giants like Microsoft and Alphabet in the AI realm, Apple's adeptness at redefining technologies underscores its potential to thrive in this domain. Despite recent challenges in the Chinese market, particularly concerning smartphone sales, Apple's diversified growth avenues and robust financial position render it an attractive investment opportunity. Long-term investors are presented with an opportune moment to acquire Apple shares, considering its comparative underperformance vis-à-vis certain Magnificent Seven peers year to date. With its foray into AI, healthcare, fintech, and other sectors, Apple remains poised for sustained success in the foreseeable future. Longby FOREXN11114
APPLECould apple hold the trendline or break it, this is a logarithmic trendline.... The trend is your friend until breaks!!by Manzanex1
AAPL is going downI will hold off buying NASDAQ:AAPL , I revisit when AAPL hit $146Shortby alcsoft79115
AAPL - ROTTENApple looks like it is about to drop like a rock. I wouldn't mind picking up some shares and scaling in below 157 as an AI investment play. I currently do not own any. We shall see. It is a short right now. Scaling into puts! See targets on chart below. Not financial advice!Shortby ChrisPtaco_321
Apple Analysis: Key Paths AheadFor Apple, two scenarios remain feasible. We continue to believe that we may have witnessed the completion of a significant cycle and anticipate a further correction downwards, expected to range between $115 and $90. Theoretically, according to traditional analysis, this correction should ideally be between $115 and $92. This bearish grand scenario would become invalid if we breach the 138% level before completing the correction. Shifting to our bullish scenario, it suggests that what we saw in 2021 wasn't Wave (5) but rather Wave (3), followed by a Wave (4) correction and an impending Wave 5. Whether this is fully feasible remains uncertain. It's not entirely dismissible, yet it's hard to fully endorse without reservations. Therefore, we're closely monitoring the overall market sentiment to decide whether to place our limit order on the bullish short-term scenario.by stromm_by_wmcUpdated 3
Options Profit Lines Explained - Call option indicatorWelcome to a world of visual options trading. Stop trading options blindly. In this tutorial I am going to explain the following using the "call option buy or sell indicator": 1. What each line means to your option P&L. Blue line = 3 points of profit. Light Green line = 2 points of profit. Dark Green line = 1 point of profit. Yellow line = Break even line. Red line = Your option is "worthless" = Valued at a price close to Zero. 2. The example is on an out-of-the-money call option at a strike of 190, with 9 days to expiration. 3. HOW TO insert the inputs to the indicator has been explained in the previous video. 4. Option prices are affected mostly by time, the price of the stock, and the volatility. Here I demonstrate using the option indicator how easy is to see where the price of the stock needs to move, for you to see specific profit points. Only the time and the price of the stock are changing. Volatility stays the same, in order to simplify the explanation. 5. If you trade options, whether short-term options or long-term options, you need to have a visual map of profit on the chart, so you can know if your trade plan is a realistic one. Ask yourself: Is it likely for the price of the stock to move to this profit line? So I could sell at a profit? With the call option indicator, you can easily SEE the answer. Boost and follow for more educational videos.Education03:35by ZoharCho0
APPLE SHORT Below $178If APPL keeps dropping and gets below $178 I think this could be a very good short. I already took a small position, not financial advice. DYOR. Might be a little premature , above $190 would invalidate this. Shortby ChartProphet1
AAPL Share Price Rises Nearly 1%AAPL Share Price Rises Nearly 1% after Scrapping Electric Vehicle Plans In 2021, the release of an electric car from Apple was expected in 2025, in 2022, the deadline was shifted to 2026. As it became known yesterday from Bloomberg and WSJ, Apple decided to completely abandon the project. Causes for this decision: → the electric vehicle market turned out to be not so turbulent; → production and technological difficulties; → the strong development of electric vehicle construction in China may also have played a role. Some employees will be fired, others will be transferred to a more promising department related to developments in the field of AI. Despite the fact that the ambitious project, which lasted about 10 years, failed, the price of AAPL shares rose by almost 1% yesterday as a result of trading — perhaps investors positively assessed the reorientation from electric vehicles to a more promising direction related to AI. The AAPL stock chart shows that the level of USD 180 per share acts as support; several rebounds from it have already been formed in 2024. And the news about the abandonment of plans to produce electric vehicles caused the last of them. However, how reasonable is it to buy AAPL shares in such a situation? Issues for bulls may include: → the fact that the price of AAPL is significantly weaker than stock indices, which are rewriting historical peaks thanks to NVDA, MSFT and other leaders; → the results of reorientation from electric vehicles to AI are a long-term and uncertain prospect; → from the point of view of technical analysis of AAPL stock, a downward trend appears on the chart (shown in red). Its upper border is a potential resistance line. And if there is a bearish breakout of the important USD 180 support, it could further resist the bulls' attempts to restore the AAPL share price. Also causing negativity is that: → the price is fixed below the black trend line; → MACD is in bearish territory. However, looking ahead to the next 12 months, analysts surveyed by TipRanks believe Apple shares will avoid a decline and benefit from the current bull market; their average price forecast for AAPL stock is USD 206.15. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen1112
FREE #OPTIONS Ideas WATCH AAPL SWING TRADE FREE #OPTIONS Ideas Scale out when above 25% Profit NASDAQ:AAPL 184C>183.48 | 180P<180.00 NASDAQ:META 490C>486.54 | 480P<480.66 NYSE:WMT 60C>59.74 | 59P<59.28 NYSE:NKE 106C>105.12 | 104P<104.12 Let me know if yall like this drop a ROCKET!by tradingwarzone2
$AAPL - bullish divergence Apple showing a bullish divergence on the 4 hour time frame. Had news today scrapping their work on an electric car. Said to be shifting focus to AI. www.forbes.com Longby Odd_Lot2
The Rotten AppleApple is the worst stock in FAANG, second only to Tesla among the Magnificent Seven tech giants. Unlike Microsoft and others, Apple has failed to successfully integrate AI and other technologies into its services, what is the main factor for the growth right now. With declining revenue growth expected, the market is losing faith in Apple's innovation. Its latest products may seem flashy but ultimately appeal only to geeks rather than the mainstream. Now correlation analysis. It is better to trade uncorrelated stocks, and Apple is clearly underperforming compared to its FAANG peers. The ideal way to short a stock is to target low volatility names, avoiding the strong momentum stocks like Nvidia. While the trend is your friend until it is not, Apple offers an opportunity with its exceptionally low momentum and volatility. If the broad market declines, Apple is likely to get hit much harder than others. Below the $180 area we can expect volatility expansion. Looking at the 1-year chart, Apple's stock performance has flatlined around the 0% mark since 2024. This remarkable lack of positive price action.Shortby SimpleBoyy1
Everything In Our FavorI am a previously successful trader who has been out of the game for a few years but I am getting back in to pay off some short term debt and I need to generate some extra income to pay off this high amount of short term debt. I am choosing options again because that is where I was successful before. I turned $2k into $20k 5 years ago and I believe I still got it! But enough about me, lets dissect each indicator I am using for this long call trade. D Plus: Showing a green cloud beneath the most recent candles indicating bullish divergence. If you look further back at the last green arrow indicator it did indeed rise and we could be set up for another rise and the next buy signal could be moments away. These signals are so accurate that the creator charges a subscription for. Next! Triple confirm: Shows several buy signals along with low RSI and lower trade volume. Trade volume could increase tomorrow with AAPL being under bought and speaking of RSI lets take a look at the true RSI indicator. RSI: The RSI is 36.81 making AAPL extremely underbought. This could help us understand that the price will rise as more buyers will buy in bringing this level back up. Technically right now the price of Apple is a steal according to the RSI and buyers want their deals. Divergence: Finally divergence, the divergence shows weakening bearish divergence and growing Bullish divergence. This is a sign that the bulls are regaining strength and could take over causing price to rise as buyers are buying Apple up at this price. What are your thoughts? Would love to see them in the comments! Good luck and happy trading! Longby Myantman101Updated 226
AAPL - Here is where we will find strong support!You can clearly see our tapered buying continuation purple (newly introduced to this chart). This is what is guiding price right now and will most likely be where price wants to go: This is for 2 reasons: 1. We still need to prove sell-side tapering away from teal by showing orange support. 2. That orange support and retest lines up perfectly with our purple tapered support and will act like a magnet for buyers who are in control to bring price to in order to make a stronger move up and break out of our teal and orange algos. So keep an eye out for this level to be reached - I will likely be shorting to there if price action gives me an opportunity today. Hope everyone has a great day trading and hope to see you on my livestream starting at 9:30 AM EST today! Happy Trading :)03:09by ReigningTrades225
Not Investment Advice Note to MySelfNot Investment Advice Note to MySelf There may be a possible rise Not Investment Advice Note to MySelfLongby MelekBey4
AAPL Technical Analysis and Trade IdeaOn the monthly time frame, #AAPL exhibits a bullish trend with a recent retracement into an equilibrium zone. As we delve into lower timeframes, a base formation becomes evident. Specifically, we observe a double bottom setup followed by a break below the previous lows, a robust rally, and subsequently, a higher low formation. As we continue analyzing the shorter timeframes, we notice a potential shift in the current downtrend. This change in character suggests the possibility of a structural break. My focus lies on identifying a buy opportunity if we witness a breakout and subsequent retest of the previous high on the 15-minute timeframe. However, it’s paramount to acknowledge the inherent risks associated with trading. Always conduct thorough research, considering both fundamental market drivers and the broader macroeconomic landscape, in addition to your technical analysis. Implement sound risk management strategies to safeguard your capital. Disclaimer: This analysis provides a technical perspective on AAPL and should not be construed as investment advice. Tailor your trading decisions to your specific risk tolerance, informed by comprehensive market research and a holistic assessment of all relevant factors.Long06:26by tradingwithanthony0
AAPL STILL A SELL++++Looking to break triple bottom short term support not a bullish sign. Next stop is $174Shortby ShortSeller762
Apple on the (w)edge ?Possible wedge forming in Apple. Check my other post on possible wyckoff distribution in Apple. This could be part of the UT/UTAD phase.by mi_khanUpdated 1
Are you hungry for an apple ?Just some squiggly lines. OR a possible Wyckoff Distribution ? Anyways, no financial advise.Shortby mi_khanUpdated 1
AaplNASDAQ:AAPL Rock and a hard place here setting up a bearish descending triangle.. if aapl breaks below and closes below 178 look for a pullback to 165 minimum target If Apple breaks above 185 and closes qbove downtrend then pattern would flip to a double bottom back to 200 by ContraryTrader30
APPLE My Opinion! BUY! My dear subscribers, My technical analysis for APPLE is below: The price is coiling around a solid key level - 182.48 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 186.65 My Stop Loss - 180.11 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK Longby AnabelSignals112