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APC trade ideas

Apple's Stock Outlook in 2024: A Tale of Bulls and BersNavigating Apple's Stock Outlook in 2024: A Tale of Bulls and Bears After a stellar performance in 2023, witnessing a remarkable 48% surge in Apple shares, the tech giant finds itself in a phase of consolidation in the early months of 2024, showing a decline of over 3% year-to-date. This shift prompts investors to ponder the opportune moment to acquire shares in the renowned iPhone maker. This article delves into the contrasting perspectives that shape the current outlook for Apple stock—examining both the bearish and bullish cases. The Bearish Case: Revenue Challenges: Apple encountered difficulties in expanding its revenue, marked by a nearly 3% decline in year-over-year revenue in fiscal 2023. iPhone and Mac sales slumped, exacerbated by unfavorable foreign exchange conditions. Valuation Concerns: The stock's valuation has raised eyebrows, with the price-to-earnings ratio surpassing 30. Despite an annual earning of $97 billion, Apple boasts a market capitalization of $2.9 trillion, demanding sustained robust earnings-per-share growth. The Bullish Case: Services Segment Expansion: Apple's services segment, comprising Apple Pay, Apple Music, AppleCare, and App Store revenue, exhibited a notable 16% year-over-year growth in the most recent fiscal quarter. Indicators suggest continued momentum, including the emergence of a significant advertising business and a consistent ability to introduce new services. Robust Balance Sheet and Capital Allocation: With a net cash and marketable securities position of $51 billion in fiscal Q4, Apple aims for net cash neutrality. The company's judicious approach to share buybacks and dividends, coupled with a strong balance sheet and an annual free cash flow of nearly $100 billion, supports continued substantial repurchases and dividends. Conclusion: While Apple faces challenges, including a recent decline in revenue and a valuation that demands sustained growth, there are compelling reasons for optimism. The flourishing services segment, prudent capital allocation, a strong balance sheet, a loyal customer base, and a history of innovation contribute to a credible argument for the tech giant's premium valuation. While caution is advised, investors lacking exposure to Apple might find the current decline an opportune moment to initiate a modest position in this iconic company. As always, thorough research and a balanced consideration of risks and opportunities are crucial in making informed investment decisions. Our preference Long positions above 169.50 with targets at 199.60 & 205 in extension.
NASDAQ:AAPLLong
by FOREXN1
1
Apple Update: 02/04/2024Apple is following an ideal path thus far. If you all recall I bought 2 puts when price was about $195-$196. I sold the first one when price was about $186 and the second around $181. I didn't make a ton of money off of it, but a couple hundred is better than nothing. Tomorrow morning, depending on price action, I may buy another put or two in anticipation of the next move lower that I am calling mini-wave 3 of c. I foresee that move lower to take us to the mid $170's before retracing for mini-wave 4 with another low to follow and ending the larger wave A. This price action lines up nicely with what I forecast the S&P to do in the coming days-weeks. MACD on the micro time frames supports this type of price action with the larger timeframes seeming to begin lining up with it. Also, the structure price is carving out look clearly corrective to me. All these things point lower towards my target box I have drawn. If I place any trades, I will post here as able.
NASDAQ:AAPL
by TSuth
5
APPLE What Next? BUY! My dear friends, APPLE looks like it will make a good move, and here are the details: The market is trading on 185.84 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 191.12 Recommended Stop Loss - 183.07 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK
NASDAQ:AAPLLong
by AnabelSignals
1
AAPL - Vision Pro Ecosystem - Spatial Computing - $225 Target0. Notes to follow; 1. This stock has been consolidating since June 2023; 2. No AI Strategy and the Vision Pro that looked like a dud, no premium in the stock; 3. Vision Pro, 200K Units so far, we are talking $1,000,000 in the first few weeks. 4. Morgan Stanley says you are getting a "free call option on Spatial Computing" 5. Tactical Trade 6. $190 Buy 7. $225 Target ODTE Play If you want the Feb 9, 2024 $190 Call is the way to go
NASDAQ:AAPLLong
by drchelsea1
AAPL: Week of Feb 5AAPL has really been a non-mover. Not one that I like to play anymore because its all over the map. But I figured I would post some levels for it. We fell below the bearish condition in after hours, I kind f expect the broader market to open on a bit of a gap down on Monday so if that is indeed the case we may see AAPL open fairly close to its lower targets. Still buy the dip mentality with AAPL its just not the most bullish or excitable stock out there. Safe trades!
NASDAQ:AAPL
by Steversteves
4
$AAPL Long SwingNASDAQ:AAPL just recently had earnings and released the new VR-headset, Apple Vision Pro. I'm looking at swinging calls for NASDAQ:AAPL next week because the Jeanius Algo Suite (Indicator/Screener) gave me multiple buy confluences: Fell through 2 untested lows (~$180.17), grabbing liquidity Partially filled a Fair Value Gap Tested an uptrend line formed on the monthly timeframe In a long term and short term structural uptrend The indicator shows "Combo" signals every time this combination of signals happened in the past. It also automatically painted the lines/zones
NASDAQ:AAPLLong
by jeanius_tech
$AAPL Daily Chart AnalysisNASDAQ:AAPL has bounced off the trendline from January 2023 and has risen back above the 200-day SMA, currently at 182.49, while also remaining above the POC (Point of Control) at 177.44. However, it is still trading below the 50-day SMA. I would like to see AAPL climb back above the 50-day SMA, which is now at 190.65. As I've mentioned many times before, the $180 level is acting as a support/resistance flip zone, which is now where the trendline from January 2023 is at too.
NASDAQ:AAPL
by RamboTraderXXX
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.
NASDAQ:AAPL
by bamdadsalarieh