Not only numbers is attractive but also the chart. When both agree on company's future outlook, hard to resist to stay sideline and wait correction to happen in order to enter your long waited trade. In most cases, we are right about FB and so far all trades were profitable by simply using a few signals. Very strong level to watch now is $78.56 area where some...
You need to check if this technical review matches the fundamental which is very vital for those of you who want to enter a trade that they want to hold a longer period..highly recommended to see if the stock fits their investment philosophy. As you can see from the chart, the stock had a decent run from Feb low this year, and appreciated in short time almost ...
ABC bullish set up into $101. after the little down move a few days ago it then began to consolidate almost forming some what of a bear flag. you can see by the red arrows and brown line how that level lines up perfectly. Once triggered up it squeezes the shorts and with this kind of bar, volume and action $101 should be no problem for AAPL.
AAPL is in a good uptrend with earnings coming after close on july 22nd, which could help boost the stock price.
Long term we're overdue for a correction, trading with caution is probably a good idea. Next trade I'm waiting for the price to come closer to or past the trend line in red around $76 at the moment.
APPL has been demonstrating strength for some time. From a purely technical standpoint I view recent weakness as as possible buying opportunity on a day trading basis. If price can retrace back to the 92.22 area, I will be looking for bullish validation and set targets in the 93.50 to 94 area for an intraday trade. If price only retraces to 93.40 area and price...
Neutral for me - going into earnings - , 97.10 touched, and bearish only below 92.22. Too late for fresh buys and too early for selling.
After suffering a $4 pps drop over the last two trading days, $AAPL printed a bullish candle stick on the close. Sellers pushed the price down to nearly $92.50 but buyers were able to pull it back up signaling a reverse in the trend. We are also testing an intraday support line from 7/2 right at yesterdays close. With the MACD flattening out, looking to make a...
Apple: +7687% Microsoft: +6893% Intel: +2657% IBM: +691% Hewlett-Packard: -23%
Looks like we are going to Gap up above 97. If you are lucky we could pull back to yesterdays high for a re-entry. If not you can enter above the 15 min bar high. This trade is good to the 100 level were it will face major resistance. Reduce half and re-enter above ATH
Going to dig deeper into this during Thursday's Weekend Review video (www.youtube.com) but was checking out Apple last night on both the technical and fundamental sides and found reasons for entry whether you're a Bull or a Bear. The weekly has completed a bearish bat right near our high's, but this one right here is a Cypher pattern for the bulls looking to join...
1) Towards the end of 2012, price action created a stable resistance line with at least 3 touches, illustrated by the red dashed line. 2) I have some amateur wave counting labeled, the 100% extension of wave 1 from the end of wave 2 lands at the aforementioned red dashed line. 3) We have 3 dashed blue trend lines, 2 of which create a channel, and the 3rd one...
How about a deep Wave C next. Target-1 = 84.00
I published this chart not only to show the potential short-term direction in Apple, but also to display a simple example of how I came to that analysis. Might also be a good primer for people wanting to learn more about technical analysis or maybe they see something they didn't know earlier that they can incorporate into their trading as well.
I had to redo my chart after the stock split so it gave me a chance to take another look and redraw. Here's an updated chart that may or may not prove valid. Price does seem to react at the various tines of the fork. Daily closes above the mid fork would bode well for AAPL. Price rejection by the mid fork and closes below 90 would have bearish overtones for AAPL...
Here on the weekly chart we can see that price is accelerating faster than the time/price 1:1 line, which is strongly bullish. Advance to 100.00 is possible, note however the large volume down on a recent bearish candle - there is a possibility that institutions are already distributing, whilst everything is still looking good :-)
The Apple Inc (NASDAQ:AAPL) Daily Diagram Technical Analysis shows the following: The AAPL share has made a short term bullish development with the support of the trend line (light blue). This support line is over the KUMO, which means that the AAPL is bullish in long term. The weekly diagram shows bullish trend but an overbought RSI. The monthly is bullish...