APPL has suffered the biggest dump of shares in its history. Price has bounced back by still less than a 38.2% retracement (at this time). Now price is struggling at a key inflexion point. Will APPL recover? I don't know - as I cannot see into the future. The probability estimate at this time is further downside eventually on the weekly to 3-Daily.
Ok guys, I have been watching the U.S equities for a while now and I have proposed a price method that we very well might see play out.
If you have any comments or ideas your self leave me a comment down below.
According to news, Apple is not delivering confidence to its shareholders as these are concerned of several areas on the services where Apple is not delivering or improving. On the other hand, the company is not producing as many sales as expected, in fact, after the release of the latest iPhone, the share's price dropped almost 100$/share in just 2 months.
As noted in the chart provided, the downtrend persist but that can change sooner than later. The chart shows that November 1st will be a key day, for the reason I will explain below.
The weekly DJI chart shows a bear market trend with oversold Relative Strength Index (RSI) and near to support levels. Also, as noted in the chart weak hands have not been washed...
Good traders stalk 90% of the time and trade only 10% of time. Quote me. :) :)
In this screencast I run through several superhot equities on the monthly time frame.
The higher time frames are often the cause of surprises for people' on 15min - 1H time frames.
Then the end of the screencast I look at the VIX on the 2 hour time frame for signs of...
=> AAPL (Daily TF)
=> With the economy starting to trip we are going to begin seeing unwinding of $AAPL portfolios.
=> Here we are watching the daily close carefully and starting to build positions towards the 130 handle
=> A complex call this time as we are outguessing the top of a cycle, patience and strong nerve required as you are betting against the biggest...
I believe that going short on apple now would be a good call.
apple always retraces after a new phone launch, this year there has been little to no hype so far, no leaks and nobody cares yet the stock is higher than ever, i expect a retrace to 50ma minimum.
launch of new phone could liquidate shorts so do not over leverage and use a stop loss, also come...
Shares of Apple Inc (AAPL) jumped in early trading on Tuesday just ahead of comments from new Federal Reserve Chairman Jerome Powell. A doucle top is in play at the moment, what it may indicates that a healthy correction is likely for the sessions to come.
Good luck fellow traders.
Apple has put in a bullish pinbar testing channel support on the daily time frame.
Zoom into the 15 minute chart and we have an inverse head and shoulders pattern with RSI divergence this is the confirmation we need to get long.
I would buy a break of the pinbar high at 172.
The $170.00 level is a very important support for the share price. It may hold it into earnings but then it could break it lower. Aggressive traders can buy it at $170.00 for a few Dollar bounce, but I would rather wait for the bounce to possition myself short for some sessions. It seems the share price in looking for a lower support (at least $164.00 - $162.30)...
There have been many disputes over the first 1 Trillion-dollar company. Many say it is Google or Amazon - on the other hand, I say APPLE. The market capitalisation is calculated by (share price X shares outstanding). Currently, APPLE's shares outstanding is 5.09B, so in order for the company to get to 1 trillion dollars, the price would need to reach $196.50....
I remember buying AAPL at 119.00 and I sold off my shares near 140-150. Another opportunity has risen. AAPL has broken out of a head and shoulders pattern. Also, the 50 MA is providing support and the coppock curve has a lot more room to move positive so this could be a chance to get back in. (If the stock does fall then it will probably fall into the top of the...
Just bought in on apple at $155.
RSI and Stoch oversold, rejecting from support at 155. Gap filled at 153.
No matter the hate this company gets they make money and lots of it. I believe the iPhone X will be a massive success even if it is £999.
I bought AAPL when my market order was filled at 119.00, because it had exploded out of a short-term flag pattern and long-term cup and handle, and I'm going to keep my position till September on the announcement of the iPhone 8, but I would look out for the Coppock curve forming an ascending triangle meaning there could be a deceasing in price in the few months.