Given the negative news and the virus situation in the US, which is good news for Apple stocks, and technically well positioned, the best profit can be made.
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Don't be caught off guide! Apple stock is now on extreme optimism and with bears pressure at its current price, the stock price is most likely to revert to its mean or begins a downward trend.
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
There is no sign of the bullish trend will stop here, but there are some intreresting level you want to bet on.
I will definitely load some shorts at 1.618 area if we can go that high, to reduce my portfolio overall risk.
Riding on the positive news Apple approaching resistance zone again, pre-market is at 213.28 at the time of writing. Today non-farm and Powell speech could decide the next direction for the markets for next week. Great opportunity for a long and short option. If we break the red resistance zone, then Apple will be retesting All time high level soon.
Apple Inc (AAPL) is already falling and is now trading below EMA10, after breaking it with high volume.
In 2019 AAPL felt below EMA10 twice only to quickly bounce and continue with its uptrend, so what's the difference now?
The first time this happened was back on the 24th January, the second time on the 7th March, each time volume wasn't strong enough. The...
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...