A popular stock + Above the average line 150 + triangle converging,
good quarterly report = Potential for a 6-8% increase / All time high ?
Only an idea and not a recommendation for trading!
Dear Traders,
Apple's stock prices are undervalued while we still think company is in well positioned to continue the bullish trend in upcoming months. While also looking at the current news event the new line up for the new iPhone also suggest that demand of apple products has increased.
The short-term resistance for AAPL is at $157.40, and the current market is very close to it after experiencing an uptrend. The market sentiment is bearish, but as others fear, I am greedy. Although there is a need for adjustment in the market, the probability of AAPL continuing to rise and break through in the future is higher. Short-term profits can be taken,...
AAPL is one of the equities I’m watching closely to start turning on strategic dollar cost average for multi-year LONG positions.
I’ll update this idea as the story of the chart unfolds.
Highlights:
Multiple TA indicators from my trade system show 70-80 as the potential target for the current SHORT momentum move.
On the way there, multiple signals show...
$AAPL surge up since the start of summer along with the overall market. pending news about the new iphone 14 but the productions shortage and units makes it uncertain due to supply chain issues and inflation. overall big institution likes this stocks and its cash. but keep in mind that the stock has been up for couple months now with now massive pull back. so...
AAPL (APPLE) will come down before making a new high around $189 to $194. We are on the 1st wave of minute degree or we are on an X wave of Minor 4th. We are near to finishing the 1st wave as a preferred count (which is projected by the black line), after the top out of the 1st wave we can see a little bit of correction. If the correction finish at around 50% or...
Well today was a sigh of relief I'm sure for a lot of you. Had a nice pullback into the 50 day and held. With positive news from the fed I have a good feeling for a gap up to test ATH tomorrow, potentially pushing on to 185 by end of week.
Hello to all watching my charts
Today i will bring to you something new in my chartbook
Apple AAPL as a stock chart in 1 Day so we look at a longer timeframe
So every red step is 1 day.
As we are able to see, these stock trades very fine
in direction of the trendlines which has been established
SHORT after brake of resistances 212 USD
LONG after...
NASDAQ:AAPL
NASDAQ:NDAQ
AAPL broke structure and headed into a deep downtrend. Bulls may see this as an opportunity to push the market higher, however this push will be overtaken by an overall market slope.
Apple has recently taken fresh support from 160 and formed strong Bullish Engulfing candle which shows bulls are trying to take control. I will be Bullish on Apple this week as company is fundamentally strong. I will BUY near 165-163 with The STOPLOSS of 159 For The TARGET of 170 and Monthly Target of 180-190.
