Possible head & Shoulders AAPL Daily Head & Shoulders pattern possibility. Note pattern extension to $203.43 and Gap Fills above and below. Slight divergence. Bias 1.33/1 Sellers.
Good Luck Traders!
APC trade ideas
Is APPL priced to perfection?
NASDAQ:AAPL
It's really starting to feel like AAPL is getting ahead of itself here. Sure, their recent earnings report looked decent, but I think some big takeaways are the decrease in China sales and decrease in iPhone sales. Sure, their services revenue will continue to increase and their buyback props up the stock, but there has been no true innovation in this company. False hopes of an Apple car, now an overpriced VR headset, and iOS that will incorporate other companies' LLMs?
Everyone is talking about the next upgrade cycle like it's going to change the outlook of the company. Yeah, Siri might improve, but there won't be any drastic impact on productivity with this first iteration.
With all that said, it looks as though the stock is starting to settle down. Recent reports of Warren Buffett halving his stake in AAPL will likely translate to further downward pressure on this stock.
AAPL has recently broken below the 20-day MA, retested, but failed to break back above. Now it is sitting between the 20 and 50-day MA. If it breaks below its 50-day MA, it will likely retest previous ATH support.
My plan is to buy puts in the short term and hope for a pulldown towards $198.
The H&S Top Projects to the Beginning of the AI Hype RallyThis weekend 2 bad news items came out about AAPL. Warren Buffett selling more stock than expected and the first AI reviews are lousy. Ironically, if the H&S does work, it projects to the beginning of the AI hype.
Apple - Technically OverboughtI saw in the news that Mr. Buffet sold half of his ownership stake in Apple. In reality, he made the perfect decision to sell his Apple stock at a time when the market was technically overbought. It is without question. When he believes the price of Apple stock is appropriate, he will most likely repurchase the shares.
Apple Roadmap Oct 2023Apple is the largest and most important stock in the market. It does appear with limited short term downside
Apple. Oh My the apple appetizers served early on 2024 not 2025?APPL! Oh my god! Warren Buffett just "dumped" more than 50% of his "rotten" apple from his fruit basket. Sound good for "harvesting" time?! As told by Claudia Sahm rule?
H5 AAPL bearishI'm using the H5 timeframe to determine the POI for a long position. I estimate it will reach level 182 in the future.
Apple Stock Defies Market Downturn with Strong Q3 PerformanceIn a day marked by a broad-market selloff, Apple Inc. ( NASDAQ:AAPL ) stood out as a beacon of resilience and strength. The tech giant’s shares rose on Friday, buoyed by its impressive fiscal third-quarter results that surpassed Wall Street’s expectations. Here’s a closer look at Apple’s recent performance and what it means for investors.
Stellar Earnings Report
Apple reported a 4.9% year-over-year increase in revenue for the quarter ending June 29, reaching $85.8 billion. This growth was primarily driven by a 14.1% surge in services revenue, which hit $24.2 billion. Earnings per share (EPS) also saw a notable increase, rising 11.1% to $1.40, significantly above the anticipated $1.35 per share.
"During the quarter, our record business performance generated EPS growth of 11 percent and nearly $29 billion in operating cash flow, allowing us to return over $32 billion to shareholders," said Luca Maestri, Apple’s Chief Financial Officer. "We are also very pleased that our installed base of active devices reached a new all-time high in all geographic segments, thanks to very high levels of customer satisfaction and loyalty."
Key Performance Metrics
- Mac Sales: Increased by 2.5% to $7 billion.
- iPad Sales: Surged by 23.7% to $7.2 billion.
- iPhone Sales: Slight decline of 0.9% to $39.3 billion.
- Wearables, Home, and Accessories: Decreased by 2.2% to $8.1 billion.
The growth in services and devices sales highlights Apple's diverse revenue streams, which continue to drive overall financial health despite minor setbacks in iPhone sales.
Market Reactions and Future Outlook
Wall Street reacted positively to Apple’s robust financial performance, with the stock gaining ground in a market otherwise dominated by losses. Since early May, following the announcement of a substantial stock buyback program, Apple’s shares have climbed nearly 32%. The consensus among analysts remains bullish, with an average target price of $231.32, indicating a potential upside of about 4% from current levels. Notably, Needham has set a higher price target of $260, suggesting over 16% growth potential.
Needham analyst Laura Martin highlighted Apple’s strategic focus on leveraging its vast installed base of more than 1.25 billion wealthy consumers. "We believe Apple’s goal is to grow long-term volume through increasing the average revenue per user and lowering churn levels by up-selling its users into additional devices and services," Martin noted.
Strategic Initiatives
Apple’s strategy of enhancing its ecosystem through increased services and product integration continues to pay off. The company’s commitment to returning value to shareholders through stock buybacks and dividends further solidifies its position as a stable and attractive investment.
On the conference call, Maestri projected similar revenue growth rates for the fourth quarter, including double-digit growth in services. This positive outlook underscores the company’s ability to navigate economic uncertainties and maintain its growth trajectory.
Conclusion
Despite a turbulent market environment, Apple’s strong fiscal third-quarter results and strategic initiatives have positioned it well for continued success. The tech giant’s ability to deliver impressive earnings, maintain high customer loyalty, and execute effective growth strategies makes it a compelling stock for both current and potential investors.
As Apple continues to innovate and expand its services, it remains a cornerstone of stability and growth in the tech sector. With Wall Street's confidence and a solid roadmap ahead, Apple’s stock is poised to keep delivering value to its shareholders.
AAPL trendline breakdown possible . US Stock216 below trendline breakdown possible
expecting 205 can test soon
what is your view
APPLE Dont get fooled by the short-term pull-back. $280 on trackExactly 3 months ago (May 02, see chart below), we called for a strong buy signal on Apple (AAPL) and it dully delivered as 2 days ago the stock completed three straight green months with a new All Time High (ATH):
The recent weekly pull-back shouldn't allow you to diverge from the bigger picture and on this analysis we look at it from a 1M time-frame perspective. As you can see, as long as the 1M MA50 (blue trend-line) holds, Apple will continue to be on a 15-year uptrend, which shows very distinct Phases.
Right now we are on the Channel Up that followed the 2022 Inflation Crisis, which was a similar correction to 2015 - 2016 (China's slowdown). The Channel Up that followed peaked at +161% before the next correction towards the 1M MA50. Even the 2013 - 2014 rise was still +145%.
As a result, we don't believe the current Channel Up to be over either, expecting a peak closer to 300. Our Target is marginally below it at $280.00.
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Buy AppleHello everybody
I think AAPL is long in long time -- It is your responsibility to check and tade with yourself This analysis has an educational aspect .
Dont go into details and short timeframe
Trade with your little money and Invest with your big money
Good Luck
Apple Downside IdeaI feel the pump today with the SPY and QQQ was a way to allow for more selling to come soon. I don't believe the market is going to continue bullish especially given a bearish downtrend was starting to form on SPY and QQQ. Could be wrong of course, but time will tell. GLTA!
Apple’s Uptrend Line Rejection At $216.89 01.08.2024- Apple’s uptrend line rejection at $216.89 observed.
- If rejection holds, potential move to $231.98; break of $231.98 could target $251.17.
- If rejection fails, downside risk to $205.03; break of $205.03 could extend to $195.71.
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Disclaimer
APPL SAME SET UP WITH TSLA BUT BETTER4H: RSI oversold when price greater ichimoku cloud
bonus: we can see high volume in the last hour before market close (price still down lower)
but we can expect a bullback arround this price
Something about Bitcoin: Understanding the World's FiIntroduction
Bitcoin, the first cryptocurrency, has revolutionized the financial world since its inception in 2009. Created by an unknown person or group of people using the pseudonym Satoshi Nakamoto, Bitcoin is a decentralized digital currency that operates without a central authority or single administrator. This guide aims to provide an in-depth understanding of Bitcoin, covering its history, technology, use cases, and future prospects.
History of Bitcoin
The Genesis of Bitcoin
The concept of Bitcoin was introduced in a white paper titled "Bitcoin: A Peer-to-Peer Electronic Cash System" published by Satoshi Nakamoto in 2008. The white paper outlined a system that would enable direct transactions between parties without the need for an intermediary. The Bitcoin network went live on January 3, 2009, when Nakamoto mined the first block, known as the Genesis Block, which contained a reward of 50 bitcoins.
Early Development and Adoption
In its early years, Bitcoin was primarily used by enthusiasts and cryptography experts. The first recorded commercial transaction using Bitcoin occurred in 2010 when a programmer named Laszlo Hanyecz paid 10,000 bitcoins for two pizzas. This transaction is often cited to highlight the early value and adoption of Bitcoin.
Growth and Milestones
Over the years, Bitcoin's adoption grew steadily. In 2011, it reached parity with the US dollar, and by 2013, it had surpassed $1,000. Bitcoin's growing popularity attracted both investors and developers, leading to the establishment of numerous exchanges, wallets, and other services. Major companies, including Microsoft and Overstock, began accepting Bitcoin as a form of payment.
Challenges and Controversies
Bitcoin's journey has not been without challenges. It has faced regulatory scrutiny, hacking incidents, and criticism for its association with illicit activities. Despite these issues, Bitcoin has continued to thrive, evolving into a widely recognized and utilized digital asset.
Apple going to be bullish.Price touch this strong support area and get rejected, now the accumulation phase, expect a little manipulation movement could happen before start moving higher.
AAPL - LONGmacro support and wedge breakout to the upside, target 222-225 next few days following FOMC.
Apple's next earnings report is expected to be released on August 1, 2024. Analysts project a slight decline in revenue and earnings compared to the same period last year. The consensus estimates for the fiscal third quarter are:
- **Revenue**: $90.36 billion, down from $94.84 billion in Q3 2023.
- **Earnings Per Share (EPS)**: $1.50, slightly down from $1.52 in Q3 2023.
- **Net Income**: $23.26 billion, down from $24.16 billion in the same period last year.
Key points of interest include iPhone sales, especially in China, where increased competition has led to a projected 15% decline in sales. Analysts expect Apple to report selling approximately 51.6 million iPhone units, down from 58 million units a year ago. Additionally, there are high expectations for updates related to Apple's artificial intelligence initiatives, as the company has been relatively quiet about its AI plans compared to its peers.
Investors will also be looking for potential announcements regarding a new $90 billion stock buyback program and a 3% dividend increase, which could positively influence market sentiment.
AAPL - LONGmacro support and wedge breakout to the upside, target 222-225 next few days following FOMC.
Apple's next earnings report is expected to be released on August 1, 2024. Analysts project a slight decline in revenue and earnings compared to the same period last year. The consensus estimates for the fiscal third quarter are:
- **Revenue**: $90.36 billion, down from $94.84 billion in Q3 2023.
- **Earnings Per Share (EPS)**: $1.50, slightly down from $1.52 in Q3 2023.
- **Net Income**: $23.26 billion, down from $24.16 billion in the same period last year.
Key points of interest include iPhone sales, especially in China, where increased competition has led to a projected 15% decline in sales. Analysts expect Apple to report selling approximately 51.6 million iPhone units, down from 58 million units a year ago. Additionally, there are high expectations for updates related to Apple's artificial intelligence initiatives, as the company has been relatively quiet about its AI plans compared to its peers.
Investors will also be looking for potential announcements regarding a new $90 billion stock buyback program and a 3% dividend increase, which could positively influence market sentiment.
AAPL Apple Options Ahead of EarningsIf you haven`t bought AAPL before the previous earnings:
Now analyzing the options chain and the chart patterns of AAPL Apple prior to the earnings report this week,
I would consider purchasing the 220usd strike price Calls with
an expiration date of 2024-8-2,
for a premium of approximately $3.95.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Apple - Back to no.1 in the world!NASDAQ:AAPL is back to being no.1 in the world after rallying 11% in two days.
After moving higher +25% over the past two months, Apple is now back to being the most valuable company in the world with a market cap of 3.4 trillion dollars. This means that Apple is now back to leading the indices but Apple is also retesting resistance. A pullback is definitely likely considering that trees do not grow to the sky, but the overall trend is simply clearly bullish!
Levels to watch: $170, $215
Keep your long term vision,
Philip - BasicTrading
Mid-term bullish scenario Price Reaction: If the price bounces off the marked support area, we can expect it to rise towards the upper range of the linear regression channel, reaching levels between $235 and $245 in the medium term.
Precautions: It is important to monitor the price behavior in the support zone ($215 - $220). A break below this level could invalidate the bullish scenario and indicate a trend change.
AAPL Can Go Up or Down!AAPL technicals looks like its ready to push higher after holding daily support. But with ER on Thursday we have to be careful. Positioning over the next few weeks is bullish with a high gamma level at 220. A gap down on open to test 215 and hold would be ideal to look for longs but 215 is my line in the sand.
