1. Price action has shown a bounce off good weekly structure support. 2. 0.618 FIBB levels aligns with structure as well. 3. 200 Day moving averages on the weekly aligns as well with structure. 4. Good risk reward 5. RSI Bullish divergence on daily chart and oversold conditions. * The high confluence of indicators and price actions gives us enough confidence for...
As shown in the chart!
I'm doing this main chart using the log scale because it makes it so obvious that growth is slowing down. We just got rejected hard off the resistance that has held us since the 80's! We're also in a giant rising wedge, and are JUST touching the bottom of it right at this very moment (actually, I'm being generous with my line. In truth, we've broken down already)....
these gaps are always filled before the market finds its direction. decent dead cat bounce incoming
IG: @BULLRINGANALYSIS Easy to say/noted that AAPL has been following an upward trend & triangle pattern for some time now. The beginning of 2019 will be interesting for apple to say the least after massive drop in late 2018. Despite the drop, Apple has MUCH room for growth. P.S : RSI Levels in good position for upward movement not financial advice
APPLEs falling from the tree, but it is not a season for gathering them yet ************************************* THIS IS NOT A TRADING ADVICE *************************************
In the four latest setbacks we have seen a turn between fib 0.5 and 0.618 (2013 was just below 0.5). Support area 150. Target 180. Possibly a good swing coming weeks.
If it doesn't break the stop-loss, it will return to old uptrend line and gains will come in flocks to APPLE traders. Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to...
After a long war about rights. Apple and Qualcomm want to work together the CEO of Qualcomm told in an interview that Apple inc. and Qualcomm will work on 5g.
AAPL Trading Bias: Long Technical Strategy: Resistance turned to Support area + Multiple fibonacci retracement confluences *Expecting Apple to find support between 178 and 182. We have 38.2 and 61.8 fibonacci retracement levels here in addition to a resistance turned support flip from the April breakout to $184* This is one to hold for the long-term. If you...
A Bull Put Spread only for the Neutral market Sell November 30th 2018 $185 Put Buy November 30th 2018 $182.50 Put Your entry target is for Apple is when stock is at $194 End of month expiration November 30th 2018 Sell $185 for 1.40 and buy $182.50 for 1.05 giving you good credit. You can get 14% RoI in one week.
Apple (Weekly log chart) testing long term UpTrend support.
AAPLE going short and then boucing back up. Sticking to rules
Buy Green Sell Red // it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly, // it works good for stocks and cryptocurrency. // you will use heiken ashi chart style and turn on the EMA DOTS indicator. once the indicator is on you will hide the heiken ashi so you only see the dots. // when a green dot...
As you can see the indicators clearly depicting APPLE on the 1D (Daily) chart. Indicators used are; HAZEMA V101 by JustUncleL (though I removed some lines in the settings to make it look this way, as it was too crowded with those lines but tweak it as best suited to you via settings) Also you may need pro account to be able to add this indicator to your...