4AAPL trade ideas
Apple price fall because of S&P 500 correction to 3900 range.Trade at your own risk.
Apple since 2003 price at USD0.32 has breakout to USD197 at the recent peak. The stock is currently having a correction since S&P 500 is also having a correction from peak 4605 to around 3900 to 3850. 15% correction.
Apple current price USD166.89 will drop to the 4 hours support level at USD161.41. If there is a breakout, then the price will head to USD142.23 at 1 day support level. The price will not drop to USD112.77 the 1-week support level as we are near the November 2023 FOMC Feds meeting. Most likely there will be good news and an emergence of a strong tailwind for the market after the meeting.
Impossible for the share price to drop to USD 24.41 on the 1-month support level.
Recommend a buy at USD142.23 level on technical Analysis perspective.
USD166.89 will be this week or next week bottom price. Might or might not breakout depending on the outcome of the FOMC Feds meeting.
Apple (AAPL): Swing Entry on the HorizonLast time, we narrowly missed the entry on Apple by just a few dollars, and after that miss, the stock no longer presented a compelling opportunity, so we decided to wait. However, after observing from the sidelines for a few months, it seems that another chance to secure a profitable swing entry might be approaching.
To increase our confidence in this potential opportunity and secure a better entry point, we need to closely monitor further movements from this tech giant. The current price action strongly suggests that a flat pattern might be forming following the recent drop. If this flat pattern does materialize, it could manifest as either a regular flat or an expanded flat, and this will be crucial in determining our entry target zone. At this stage, the area between $200 and $180 seems the most probable and attractive for a potential entry.
Given the broader market trends and Appleโs recent performance, this zone could offer a favorable risk-reward ratio. Weโll be watching for any developments that confirm this pattern and provide a clearer signal for entry. Stay tuned for further updates as we refine our strategy and prepare for a possible move on Apple.
Apple๐Apple
๐ Apple never stops amazing us, they recently announced their new iPhone, which includes "Apple Intelligence," a collaboration with chatgpt to integrate AI in a unique way, additionally, this iPhone will feature the new A18 Pro processor, which will be exclusive to this model and available for upgrade on the iPhone 15.
๐ฑ Over the past five years, weโve seen something cool with Appleโs stock when they launch a new iPhone, initially right after the launch, the stock tends to drop or stay flat because the initial reaction is often somewhat negative.
๐ But hereโs the interesting part, in the 60 days following, the stock usually recovers and rises, unless the new iPhone proves to be less impressive than expected.
๐ In this case, things could be different, expectations are high because appleโs new release promises to be super innovative, itโs expected that apple Intelligence and the upcoming update cycle will push NASDAQ:AAPL market capitalization to over $4 trillion by 2025. This could change the pattern of the past 5 years and make the stock behave differently.
๐ Pessimistic view
๐ Berkshire Hathaway just cut its position in NASDAQ:AAPL by nearly 50%, selling off 380 million shares but be careful, this doesnโt necessarily mean the stock will fall just because theyโre taking profits, hereโs some interesting data, the iPhone has fallen out of the top 5 smartphone sales in china, which isnโt very positive, also Apple has provided guidance for Q4 2024, which doesnโt show growth acceleration compared to the previous quarter, and the most relevant recent change luca maestri, Appleโs CFO, will step down on january 1, 2025, and will be replaced by kevan parekh, the current planning and financial analysis.
โช๏ธThis change could make investors nervous, as Maestri has been key in managing the companyโs finances, weโll need to consider this if weโre thinking about a bullish stance on the stock.
๐นTarget Prices
โช๏ธHighest $300
โช๏ธAverage $247
โช๏ธLowest $186
๐นPrice Analysis
๐จโ๐ป In april NASDAQ:AAPL stock hit an annual low of $164, but then had a significant rebound, rising around 45% to reach $247, marking an annual high, after that it fell back 17% to $195, and then had a 15% bounce, reaching $228 between July 16 and 17.
โช๏ธHowever, there was a small drop of -4 dollars, approximately -1.60%, which has not yet been recovered, i believe the price could continue to rise to cover that pending gap of 233, and then hit a new high before starting to retrace on the chart, iโve marked the movement Iโd like to see for this week, and on friday 30, a move of 5 dollars is expected, either up or down. If itโs up, it could be just the fill of the pending gap, which I think is the most likely scenario, additionally, there is a medium term gap that almost no one is considering, between 173 and 180, created from May 2 to 3.
๐นStudies
๐RSI
โช๏ธ 60
๐MACD
โช๏ธ Moving Average Convergence/Divergence 2.30 showing bullish movement
โช๏ธThe moving average of the MACD 1.20 accompanying with a bullish movement in volume
๐ค Do you think Appleโs new tech will be a game changer?
Apple ๐Apple
๐ Apple never stops amazing us, just when we thought they couldn't top themselves, they launch a new update that captivates us and makes us want to get our hands on it right away, they recently announced their new iPhone, which includes "Apple Intelligence," a collaboration with chatgpt to integrate AI in a unique way, additionally, this iPhone will feature the new A18 Pro processor, which will be exclusive to this model and available for upgrade on the iPhone 15.
๐ฑ Over the past five years, weโve seen something cool with Appleโs stock when they launch a new iPhone, initially right after the launch, the stock tends to drop or stay flat because the initial reaction is often somewhat negative.
๐ But hereโs the interesting part, in the 60 days following, the stock usually recovers and rises, unless the new iPhone proves to be less impressive than expected.
๐ In this case, things could be different, expectations are high because appleโs new release promises to be super innovative, itโs expected that apple Intelligence and the upcoming update cycle will push NASDAQ:AAPL market capitalization to over $4 trillion by 2025. This could change the pattern of the past 5 years and make the stock behave differently.
๐ Pessimistic view
๐ Berkshire Hathaway just cut its position in NASDAQ:AAPL by nearly 50%, selling off 380 million shares but be careful, this doesnโt necessarily mean the stock will fall just because theyโre taking profits, hereโs some interesting data, the iPhone has fallen out of the top 5 smartphone sales in china, which isnโt very positive, also Apple has provided guidance for Q4 2024, which doesnโt show growth acceleration compared to the previous quarter, and the most relevant recent change luca maestri, Appleโs CFO, will step down on january 1, 2025, and will be replaced by kevan parekh, the current planning and financial analysis.
โช๏ธThis change could make investors nervous, as Maestri has been key in managing the companyโs finances, weโll need to consider this if weโre thinking about a bullish stance on the stock.
๐นTarget Prices
โช๏ธHighest $300
โช๏ธAverage $247
โช๏ธLowest $186
๐นPrice Analysis
๐จโ๐ป In april NASDAQ:AAPL stock hit an annual low of 164, but then had a significant rebound, rising around 45% to reach 247, marking an annual high, after that it fell back 17% to 195, and then had a 15% bounce, reaching 228 between July 16 and 17.
โช๏ธHowever, there was a small drop of -4 dollars, approximately -1.60%, which has not yet been recovered, i believe the price could continue to rise to cover that pending gap of 233, and then hit a new high before starting to retrace on the chart, iโve marked the movement Iโd like to see for this week, and on friday 30, a move of 5 dollars is expected, either up or down. If itโs up, it could be just the fill of the pending gap, which I think is the most likely scenario, additionally, there is a medium term gap that almost no one is considering, between 173 and 180, created from May 2 to 3.
๐นStudies
๐RSI
โช๏ธ 60
๐MACD
โช๏ธ Moving Average Convergence/Divergence 2.30 showing bullish movement
โช๏ธThe moving average of the MACD 1.20 accompanying with a bullish movement in volume
๐ค Do you think Appleโs new tech will be a game changer?
Apple: Near the summitApple should be on the last meters of the turquoise wave B. As soon as the high is established, we expect a final sell-off. For the end of the corrective movement, we have added a magenta-colored Target Zone (between $192.02 and $172.34) to the chart. Investors could establish long positions there, with stops placed around 1% below the lower edge. With the low in place, we expect a rise above the resistance at $254.30. Should this level be broken earlier, our alternative scenario (34%) will come into play. This wave count sees the last local low as the low of the magenta wave alt.(2).
APPLE The Target Is DOWN! SELL!
My dear subscribers,
APPLE looks like it will make a good move, and here are the details:
The market is trading on 226.81 pivot level.
Bias - Bearish
My Stop Loss - 232.38
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 217.95
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
โโโโโโโโโโโ
WISH YOU ALL LUCK
Apple Stock:The 3 Step Rocket Booster StrategyFinding the Apple stock NASDAQ:AAPL
Using this strategy took about
2 weeks to form.
And after waiting it has finally appeared.
-
Waiting 2 weeks for a stock to appear
on a trading screen
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And so you want to make back the
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Later on today i was talking to a
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Well am going to show you
this 3 step strategy
its called the
Rocket Booster Strategy
and it has 3 steps as follows:
-The price has to be above the 50 EMA
-The price has to be above the 200 EMA
-The 50 EMA should be above the 200 EMA
Like the smartest guy on
campus with the best
strategy.
I hope this strategy will
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trade safe, you are almost
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Rocket boost this content
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Disclaimer: Trading is risky you will
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Downward channelIn my opinion Apple is going down from here and we will see it touching 196 before or around new iPhone launch date.
Google has released new 9 series which is making waves in the market. Plus it seems like Google has more promising and powerful eco system compared to apple. Apple clearly failed in their AI race and had to use ChatGPT to sustain. Compare that to Google that has everything now going forward to future: complete ownership of AI of all kind and flagship phone that people like, soon we will see people moving away from iPhones. I have ordered my Google 9 pro fold and excited about their AI features together with a folding screen.
Now look at the last daily candlestick, what does it indicate?
Warren Buffet sold 50% of apple for a reason!!
LTF Entry Model using HTF AlgorithmsApologies for the sound mishap in the beginning. My mic picks back up at 9 minutes which is where the action starts to happen as well.
Essentially what I am doing is after identifying a HTF tapering algorithm in the purple up top, we are then looking for LTF liquidity building (blue and orange algorithms) and once orange tapered buying proves control, that's where we look for a selling continuation (red) to activate and drive price down.
It's all the same analysis on multiple time frames! The more you watch these videos, the more it will make sense and the easier it will become.
Happy Trading :)