APPLE Strong buy on the 1D MA200 targeting $260.Apple Inc. (AAPL) has been trading within a 2-year Channel Up and the recent correction since the December 26 All Time High (ATH) is its technical Bearish Leg. The price posted a strong rebound yesterday following a test of the 1D MA200 (orange trend-line), the first such contact since May 08 2024.
With the 1D RSI touching the oversold barrier (30.000) and rebounding, this is technically a strong buy opportunity at least for the medium-term, as it's not a direct Higher Low of the Channel Up.
Since December already completed a +59% rise from the April 19 2024 Low, we might be having technically a medium-term rebound similar to the October 26 2023 one that re-tested the High's Resistance (at the time). As you can see both corrections have hit the 0.618 Fibonacci level.
As a result, we treat this as a solid buy opportunity to target $260.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
APC trade ideas
AAPL Apple Options Ahead of EarningsIf you haven`t bought AAPL before the recent rally:
Now analyzing the options chain and the chart patterns of AAPL Apple prior to the earnings report this week,
I would consider purchasing the 225usd strike price Calls with
an expiration date of 2025-1-31,
for a premium of approximately $8.30.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
AAPL Key Technical Analysis and Options GEX Insights-Jan. 28Technical Analysis for AAPL:
* Trend Structure: AAPL is rebounding from a recent downtrend, testing the upper boundary of a descending channel. The momentum suggests a potential breakout if buying pressure sustains.
* Support Levels:
* Immediate support at $222.78.
* Strong demand zone around $218.20, where previous sell-offs reversed.
* Resistance Levels:
* Immediate resistance at $241.46.
* Critical level at $260.10, aligning with the previous high.
* Indicators Analysis:
* MACD: Displays a bullish crossover, signaling potential upward momentum.
* Stochastic RSI: Overbought at 99, suggesting caution for immediate entries.
Options GEX for AAPL:
* Gamma Exposure (GEX):
* $239: Major gamma resistance, acting as the highest positive NETGEX zone.
* $222.5: Current HVL support.
* $218: Critical PUT support wall with a significant negative gamma weight.
* Call and Put Activity:
* Call Volume: Weighted at 15.6%, indicating bullish sentiment.
* Put Volume: Neutral with slight bearish pressure near $222.50.
* Volatility:
* Implied Volatility (IVR): 60.6, moderate volatility environment.
* Options Oscillator (IVx): Stable at 37.7, favoring bullish setups if the price remains above $222.
Trade Setups:
* Bullish Scenario:
* Entry: Above $241.50.
* Target: $260.00.
* Stop Loss: $222.00.
* Bearish Scenario:
* Entry: Below $222.00.
* Target: $215.00.
* Stop Loss: $230.00.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage risks responsibly.
Apple Wave Analysis 27 January 2025
- Apple reversed from support zone
- Likely to rise to resistance level 237.00
Apple recently reversed up from the support zone located between the key support level 220.00 (which has been reversing the price from October), lower daily Bollinger Band and the 61.8% Fibonacci correction of the sharp upward impulse (C) from August.
The upward reversal from the support level 220.00 stopped the previous minor impulse wave 1, which belongs to wave (C) from the start of January.
Given the clear daily uptrend and the oversold daily Stochastic, Apple can be expected to rise further to the next resistance level 237.00.
$AAPL: Price action analysis on Three TimeframesHey there!
I will be picking different Tickers and analyzing them, using the Concept of lower highs & lower lows, as well as higher highs and higher lows.
Today, I made an update for AMEX:SPY and in this post for $AAPL.
Understanding these patterns has really transformed the way I approach trading and my personal fear & green control during the different market regimes. 📈 It is a kind of meditation while you are drawing all lines, marking meaningful Highs and Lows. No news is needed.
Speaking of these patterns, let's check out this simple and clear Big Picture. 📊
Here's a quick snapshot: We have analyzed NASDAQ:AAPL NASDAQ:AAPL on a monthly, weekly, and daily basis. Check out the chart for more details.
Stay tuned! 🚀
PS: Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
---
**Disclaimer:** This research abstract is created and is intended solely for informational and educational use. It does not consider the specific investment needs, objectives, or risk tolerances of its recipients. The author`s actual investment positions may differ from the views presented in this post due to different factors. This content is strictly for informational and educational purposes.
---
#Beyondtechnicalanalysis
#ChartPatterns
#Trend Analysis
#SPY
Apple (AAPL) Stock Price Analysis: Worst Start to the Year SinceApple (AAPL) Stock Price Analysis: Worst Start to the Year Since 2008
On 27 December, while analysing Apple (AAPL) stock, we noted: "Traders should consider the possibility of a pullback below the key psychological level of $250, with the price potentially retreating to the lower purple boundary."
A month later, Bloomberg reports:
→ By the close of trading on Friday, 24 January, the company's shares had fallen 11% since the start of 2025, marking the worst performance among the "Big Seven" companies.
→ This represents the worst start for AAPL shares since 2008, when the global financial crisis was in full swing.
→ Apple has also significantly underperformed the S&P 500, which has risen approximately 3.7% this year and hit a new record high earlier this week.
Can the bulls reverse this disappointing trend?
Technical Analysis of the AAPL chart shows:
→ The price remains within a broad ascending channel (which began in June when the company unveiled its Apple Intelligence tools), but it has now fallen into the lower half of the channel.
→ After briefly dipping below the November low at $219.50, the price recovered – a bullish sign of a Liquidity Grab, suggesting that Smart Money may be turning bullish.
Given this, it is reasonable to expect the downward trend to weaken, with market participants likely adopting a wait-and-see approach ahead of the company’s quarterly earnings report, scheduled for 30 January.
Wall Street analysts are optimistic, forecasting earnings of $2.35 per share and gross revenue of $124.2 billion (compared to $0.97 per share and $94.93 billion in the previous quarter).
Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot.
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.
$AAPL yieaahhhoh dear NASDAQ:AAPL why do you do this to us on earnings week.
Beautiful setup.
1. Setting support on the parallel channel since breakout from back in June.
2. Confluent with the 61% fib retracement measured from same breakout from June.
3. Daily RSI at oversold point.
4. Daily MACD giving us turning hopes.
We want this to get back to the mid point on the trendline, depending on timing we can look at 240 to 250.
All this can get nullified with a bad earnings report and get down to $195 area.
Make or break on earnings. Yieaahhh
AAPL near its 200 Day SMARecent sell-off in AAPL has pushed the price below 20-Day, 50-Day and 100-Day and near to the 200 Day SMA which is at 216 $. If we look at the Upward channel for the APPL share price when the price fell below 200 Day SMA then it consolidates for a few weeks. With earnings next Thursday watch out for more volatility in the prices. If it closes below 216 then the next stop is 187 $.
Apple: As Expected…Apple has made progress as part of our primary scenario, gradually edging lower toward our magenta Target Zone between $209.57 and $196.05. In this price range, we anticipate the low of the magenta wave (2) and, subsequently, a reversal to the upside. On the other hand, we consider it 37% (previously 40%) likely that AAPL will stage an immediate breakout above the resistance at $260.10 without first reaching our Target Zone.
APPLE: Strong buy on oversold technicals.APPLE turned oversold on the 1D technical outlook (RSI = 31.524, MACD = -4.390, ADX = 40.988) as it hit the S1 level and got just $8 away from the 1W MA50. The latter is intact since May 2024 and is the core support level of the 2.5 year Channel Up. Apart from hitting the S1 level, the 1W RSI is entering the S1 Zone and the first bounce after a HH has been a strong buy signal inside this Channel Up (resembles October 23rd 2023 and June 13th 2022 lows). We are bullish (TP = 255.00) expecting an immediate reversal.
Once this breaks, we espect a rally of similar proportions to November (TP = 5.500).
See how our prior idea has worked out:
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
Apple, where will it go? 25.01.23Hello, this is Greedy All-Day.
Today’s analysis focuses on APPLE.
Apple’s Current Situation
Chart:
Apple has entered a corrective phase after reaching a high following previous analysis.
While the NASDAQ continues to aim for new highs, Apple is showing signs of correction. Why is this happening?
Looking at the blue box zone, we can see that Apple broke below the ascending trendline on the daily chart, entering the orange supply zone.
Let’s analyze what could happen next and identify the key levels.
A Similar Past Pattern
Chart:
Chart:
Apple’s current chart has similarities to its past performance.
The top chart represents the current trend, while the bottom chart is from July 2021.
In both cases:
An ascending triangle pattern appeared on the daily chart and broke out.
After reaching the target, a correction occurred, marked by a break below the daily trendline.
Historical Perspective
Chart:
In July 2021, Apple retraced below the starting point of the pattern but eventually rebounded after testing support.
If history repeats itself, a similar retracement could occur in the current chart.
Further Correction Expected
Chart:
Based on historical patterns, Apple could experience an additional correction of approximately 12%.
The starting point of the pattern, around $196, marks a potential target for this retracement.
Apple’s Current Position
Chart:
While Apple has shown a slight rebound from the November 4, 2024, low, the rebound around $219 hasn’t been strong enough to suggest a clear recovery.
Given the steep downward slope, there’s a high probability of a continued decline toward the $195 level, which marks the pattern’s starting point.
Buyer’s Perspective
Chart:
For buyers, the best-case scenario is a sideways consolidation followed by a breakout above the resistance trendline.
The blue box resistance at $237.5 is now a major hurdle:
A breakout above $237.5 would provide a positive signal for buyers, encouraging new entries or averaging down existing positions.
Failure to break this level would likely result in further downside, potentially dragging Apple to $195.
For new buyers:
Wait for the price to enter the green box zone for a better entry.
If the price drops into the green box and breaks below it sharply, hold off and wait for further confirmation before entering.
Conclusion
The current sentiment for Apple is bearish, and this may only be the beginning of its correction.
Key Levels to Watch:
$237.5: A breakout would signal a potential trend reversal.
$195: A likely target for further downside in the ongoing correction.
For now, patience and caution are advised, as Apple’s correction may still have room to play out.
$AAPL Bounce Setup: Key Levels to Watch & 2-1-2u Reversal PotentThis is a strong setup for NASDAQ:AAPL to bounce as it held its 200-day EMA again today. Above $225, watch for targets at $227, $228.22, and the bearish gap fill at $230. Keep NASDAQ:AAPL on watch for a potential 2-1-2u reversal here.
However, if it loses support at $219.79, expect a possible retest of $216.39. Keep an eye on these levels, fam.
Apple Stretched Too FarNow that's a heck of a stretch.
Price has reached the U-MLH of the white Pitchfork and is nearing the yellow Center-Line.
What's it mean?
White U-MLH = Upper Extreme
Yellow CL = Price got back to balance, in the context of the yellow path/traction.
All this means, that the Air get's very, very thin!
Waiting for a short Signal with a target back to the white CL (Center-Line).
AAPL is a BUY at $217 and $214AAPL is getting oversold here but not quite a buy yet. I would buy under $219 and add. We have strong support at $217, $214 and $195. It wont see $195 on this stent without a strong bouncey bounce. Once we hit $217 target for snoop bouncey bounce is $231 and $237. Trade against my advice at your own peril