Schiff Pitchfork for Apple, the pitchforks drawn are not arbitrary but use 3 points as pivots, lowest low, trend low and trend high entered through co-ordinate setting to be accurate. The line to watch is central red line, notice the oscillations aka consolidations around it as it becomes a support level then a resistance on failure. There is an 80% chance of...
Apple has formed a symetrical triangle on the daily time frame. It has now formed 2 inside bars as price has stalled in recent days. Price has broken two inner trend lines and is hovering above the 20EMA. We are seeing indesicion in the market and price can move in either direction (obviously!)
I anticipate a break below 125 will see lows of 123. A break above...
Hard to say what is apple up to, but last price action indicates this could be wave b (as a triangle) of IV. In other words a nice drop before final run up could be ahead of us.
I may go short on Monday with stop 128, targetting 120.
But I may stay aside because 4th waves are very difficullt to trade.
I am looking for Apple to one again bounce off of the main channel line and 50 MA.
It is a high probability set up on the hourly as well. We are currently over sold on the stochastic and are rotating nicely back up. We are also over sold on the RSI.
We are currently in the buy zone and looking for us to move up again to the 128 area. This area has a big volume...
Apple has been trending down nearly all day and the selling has weakened significantly
Short Term I Like this trade i see it going up to 129.50's
by tomorrow mid day (March 3rd)
& Then Continue On Its Path To The 127 area
what a nice demand formed during early NY session. this might be a good break out level to take to rejoin? we dont know but for sure a bounce at this level is expected.
Apple trend reversal signals are extremely strong now after the "buy the rumor & sell the news" today.
It might very well close below EMA 50 today, and that includes rejection of the all time high made back in 2012 fall.
If that does confirm, we are looking at correction down to 59~79 area which is a 40% correction (max).
Next week's movement is critical here,...
AAPL, has only .10 cents to prove itself worthy of support over 102.60. 102.60 on the 5 day chart is heavy resistance. With a long shooting star and past heavy trading volume we could see a few percentage increase as the stock moves closer to iPhone 6 release date. Low RSI of 49.22 gives more the reason that the incremental increase has all the potential to be a...
MACD and RSI confirm a bounce off the top of the channel. Not betting a short of the full channel due to the current Euphoria we are experiencing in the market.
Apple broke out on Friday from it's Post Split slump with a beautiful cup and handle. With Russell being 5% up from 4.1%, I am long with a re-test to $100 going into earnings.
Nice consolidation above previous resistence (strong Close above), ATR very low probably will expand right from the OPEN, higher timeframe is clear, WWDC is coming soon (speculators may be building smaller positions). Buy only if market very strong or consolidating on low ATR above yClose.
![AAPL: Short Term Buy Opportunity [APPLE]](https://s3.tradingview.com/e/euWwTG7M_mid.png "Short Term Buy Opportunity [APPLE]")
