AAPL trade ideas
Apple Inc. Breaks Below Important Support Levels.Apple Inc (AAPL) has broken below price support at 179.25, and the widest part of the Volume Profile called Point of Control (POC). Price tends to move towards or away from POC. The downside break of POC could be very bearish.
Note there is minimal support below 179.25. AAPL could quickly move down to its October 2023 bottom.
Note RSI still has not reached the oversold zone which begins at 30.00.
The AAPL break of support could be the prelude to a broader U.S. stock market decline.
APPLE STOCKS HOLDING SUPPORT!! HI TRADERS
As i can see APPLE Stock is holding this support and new products are coming in market to boom the APPLE Stock Prices technically also it is holding on support our risk rewards ratio is fantastic on this & its just a trade idea shares your thoughts with us we appreciate Ur love and support stay tuned for more updates.
AAPL: Possible bullish short term to 185.54Thesis: AAPL took out the daily SSL liquidity at 179.28, and may be ready to bounce back to 185.54 level with all the buy stops from the liquidity sweep. However, this is without confirmation. Best way to play is to wait for a displacement up and a FVG to form wait for a possible retracement back to the newly formed FVG for a bullish entry.
Without confirmation, AAPL may want more liquidity to move higher and thesis is invalidated
APPLE What Next? BUY!
My dear subscribers,
This is my opinion on the APPLE next move:
The instrument tests an important psychological level 179.63
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 184.41
My Stop Loss - 177.23
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
APPLE: Elliot Analysis Hello friends. We see the end of correction of this Co. and start to reach the growth price target :230$
AAPL SELL ++++ $155 targetAAPl broke the triple bottom short term support at $180 I mentioned a few times, next major support I see is $155 after $174/168
$AAPL to $185? Retest of Double Bottom S2ROverview:
AAPL
formed a double bottom back in Oct '23. Zone has been tested couple of times with Friday's close forming a doji candle; not to mention slight bullish divergence between Price and RSI.
Now, i'm not saying we're going to the moon, but i do think we can
AAPL
can test 181-182 in the short term.
Looking at the 1Day time frame, if buyers step in and hold... i think
AAPL
has a strong case to push towards 185.
AAPL breaks below its 1 year upward trendAAPL has recently broken below its 1 year upward signaling more selling to come. This pivotal event comes at a time when
Overall market sentiment is showing extreme greed (selling soon follows this level)
Recent rally have been prompted by one stocks excellent earnings (NVDA alone cant hold up the economy)
AAPL has been trend down rather steadily for a month
The long term support being broken indicates more selling likely to come.
APPLE: Market Sentiment & Price Action
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the APPLE pair which is likely to be pushed up by the bulls so we will buy!
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Apple next moveA good area n good opportunity to open another buy, it was a good pullback n hit the target from now on we take another buy from nextweek Monday, don't overthink n sell this stock, this stock markets is uptrend besides pull backs, soo everytime you see pull backs is your chance to get into positions not to overthink n start selling, soo am giving another investment good entry, am not good at all on writing but am good on following right directions by the right time📈
Stock Market Logic Series #7Options Spreads strategy, let us talk about it.
If you want to buy high-probability spreads, there are specific places where you have the advantage.
And, there are other specific places where it is just pure gambling.
And, we don't gamble, EVER.
We take calculated risks, where the probability of success is much higher than the probability of loss.
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In spread options, what matters the most is where the price will be at the expiration date.
WHY?
Because your profit can only be realized near the expiration date unless the price moves dramatically into your favor and far away from the spread strikes.
So, if what matters is where the price is at the expiration date, you want that in this future date, the price of the stock to be away from it, with HIGH PROBABILITY.
As you can see from the drawing on the chart,
the blue channel signifies the probability area of where the price should be in the future.
So if in the future, you are in the probable zone, as seen in the RED spreads, at the expiration date, the price could be below or above your strikes, and thus be successful or not successful, so your odds are more 50-50.
since the price can just stall there, and oscillate in this area, since it is the probable area where the price should be.
But if you look carefully at historical data, you can see that in the GREEN (MONEY ZONES), the price gets immediately rejected...
WITH THE HELP OF T-I-M-E
And when you buy spreads, you want TIME to be on your side...
So now you can easily see... how to make TIME which is a HUGE factor in spreads, on your side!
The trend is your friend... IF... you let it TIME to help you...
When you use options, and trading options in general you need to know which strategy fits which scenario, and where your HIGH probability trade waiting for you.
Just in case you don't know what options spreads are...
In simple words...
You choose 2 prices of the stock (aka strikes):
------$100
------$90
and you speculate that
if the price in a month will be above $100, you profit 1 point.
and if the price in a month will be below $90, you lose 1 point.
So it is a 1:1 risk-to-reward strategy.
So your advantage comes from knowing where are the pivot points.
But not all pivot points have the same advantage...
As I just showed you in this post...
"Apple Inc. (AAPL): Seeking the Turnaround CueApple Inc. stands as a behemoth in the tech industry, with its diverse product ecosystem and strong financials, making it a tempting pick for many investors. On the chart, AAPL is currently hovering near a potential support level around $172, suggesting an area where the stock has previously found buying interest.
However, while the temptation to start accumulating shares is understandable, the technicals advise caution. The MACD indicator has not yet signaled a clear reversal, and the price is yet to show bullish confirmation.
A prudent strategy might be to await a strong reversal signal, such as a bullish candlestick pattern or an upward crossover in momentum indicators, to confirm that the support level will hold. This approach would balance the eagerness to invest in a quality company with the discipline of technical analysis, aiming to optimize entry points and manage risk effectively.
AAPL - Apple - Be patient bulls will come upDear traders,
lets be patient Apple is just consolidating after a previous rally Its completly NORMAL, bulls will come up and break 200$ barrier.
170- 175$ is is a good price range to look for buying opportunities.
Buy and hold,
best,
$APPL preparing for launch into the $190sSee that volume from yesterday 02/29/24.
I think $APPL goes up into $187 and breaks the resistance into the $190s.
$APPL has been a bit shy lately with little moves to the upside and just hanging in there for now. Now it is ready to move up in my opinion. $APPL will continue to carry the market into march and possibly april. trade safe.
Apple forecast.Apple seems to be in a serious correction after having lost the top position in the largest capitalised company. It will have to innovate a lot to keep pace with the new artificial intelligence companies that are threatening to take a big slice of the pie. In our Elliot wave count it would be in a wave 3 with a target above 168 dollars
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.
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
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.
APPLECould apple hold the trendline or break it, this is a logarithmic trendline....
The trend is your friend until breaks!!
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!
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.
