Price has failed to break below the support/demand zone.
As you can see price has been respecting this area for quite sometime.
If you look at the weekly time frame, you will notice where I have the listed as the neckline is where price broke below that minor former support area. I am expecting price to possibly "retest" this area.
Price has began it's push to...
Apple seems to be on the roll. Still barely under the main channel could see a breakout to 245 or even 250, expected time frame would be right before their Earnings or after.
Apple beat expectations marginally at 42.4bn and 1.42EPS.
Apple reported not outstanding results, but nonetheless, the earnings call from Tim Cook et al. gave Apple the momentum to break the 101 resistance level and we closed post market up at the last low 100 resistance level at 103.5 (filled the low 100's resistance gap in).
Today the market will go either...
Apple earnings to be released after market today
Expectations:
1. 1.39EPS and $42.31bn Revenue
- I personally have been an Apple bull for some time - I believe the bar for apple has been set low, with EPS 25% lower than last year and Revenue target also 15% lower than last year - I think this is achievable as Iphone SE sales will be included in the income...
Apple looks poised for the $100-101 level breakout
Volume:
- Volume has traded below the quarterly average for the past 10 days , consistent with apples post-Brexit bull run. Low volume is a bullish signal as it indicates investors do not want to offer their apple risk at current prices and wish to hold for further upside before increasing their offering.
-...
Volume
Apple Volume traded up for the first time in 4 days on thursday, increasing 25% from 20m to 26m, whilst this may be considered bearish - as increased selling, it is important to not 26m is still 35%-40% below the 4wk and 6month average.
Volume cannot fall forever and we have been trading at extremely low volumes all week, so given these facts, a modest...
Apple shows a strong and consistent monthly trend of each bull-bear cycle lasting approximates 2-3 years.
The first bull cycle yielded between 200% and 700% growth, the second much less at 145% growth, and the third we estimate using regressions to be approximately between 67% and 106% (or 67% for the next bull run to $151 and 105% for the 4th bull run to...
Analysing Apple's (AAPL) historical cyclical price movements and using the +/- 2SD of the linear regression to forecast a naive regression price for the next extension phase.
* Extension leg Regression Forecast*
1. For leg A (Extension Leg 1) we use a start point of $12.5 or $33 (phase doesnt have a clear start), or we could assume a mean value of...
