The markdown phase refers to a period in the stock market when prices of securities decline after a prolonged downtrend or consolidation. During this phase, sellers outnumber buyers, causing prices to decrease. Investors may sell off their holdings due to pessimism or loss of confidence in the market, leading to further downward pressure on prices. In the markdown...
Definitions
Buy call option – a stock option is the right to buy a stock (but not the obligation) at a certain price for a limited period of time. The price at which the stock may be bought is called the striking price.
Three terms describe the relationship between the stock price and the options striking price: At the money / In the money / Out of the...
Apple is still doing a 3-wave correction from Dec 2021. Last Thursday's 4+% gain showed 5 waves but I believe it is the C leg of an ABC correction from March, as shown in the daily chart. Such a strong move as day one from the bottom is typical for a "short squeeze" or a "bear market rally" because Apple has been down a lot already from the top. A true bottom...
hi traders
The price is retesting the previous support level which looks like it remains strong and I´m expecting a temporary bounce before going low.
I am expecting that the price will move up from the support therefore it is a good entry for long with the target at 191.33$.
Stop loss is shown on the chart.
I still believe AAPL goes significantly lower despite dead cat bounces. Current we are at cloud resistance and other overhead resistance, we tested the $168 support many times, next time it should break to the downside to test $162 and $154
After break out it reverted back to the breakout point.
Price is walking on thin ice ⛸️🧊and depending if the bottom channel is broken as support or bounces then might see a big move either up or down 📉📈🧭🐻🐂⏰
The analysis of the APPLE chart clearly shows us that the pair is finally about to tank due to the rising pressure from the sellers.
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Traders, brace yourselves for a rollercoaster ride with Apple! 🍏💼
🔍 Critical Crossroads:
As Apple navigates the treacherous waters of the market, all eyes are on the crucial level at $165.67. With the downtrend in full swing, will this support hold firm? The stage is set for a showdown!
💡 Bargains Ahead:
While the trend may be pointing downwards, don't rush into...
Algo has tripped on this a bit ahead of the descending triangle attern completion--targetting $162.25, keeping a tight stop however as we don't have confirmation of a breakdown below the support level of 170.
I would like to share my I deas with community,this is my investment plan for this stock matket however first prediction fails to this strong support I believe you can do something out of this I dew n don't trade big.
BUY AAPL Apple at current levels for T1 180 T2 195
Its less than 2 minute video where I have explained the entry and stop loss
Expecting the target to be achieved in a month or 2
Hello,Traders!
APPLE is going down
Now but the stock will
Soon retest a rising
Support level below
And from there I will
Be expecting a local
Bullish rebound
Buy!
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The Chinese smartphone market, a crucial battleground for tech giants, is witnessing a significant shift. According to research firm Counterpoint, Apple has experienced a concerning 19.1% decline in iPhone sales during the first quarter of 2024. This slump comes in stark contrast to the impressive 69.7% surge in smartphone sales enjoyed by China's own Huawei over...
APPL: short and long
-Breakout of strong support: key level and demand zone.
-Backtest and maybe reject, drop to next support.
-Low demand zone below support
-ABCD pattern.
Price have taken out the 165$ support from october 2023.
Price is reacting bullish so far with a lower timeframe breakout from a sideways channel.
Risk is 0.25% since i cant risk beeing involved in a oversized gap down due to FTMO daily drawdown rule.
Tradeplan: If price starts a new uptrend. I will use ongoing technical analysis to buy more IF i am correct...
The break of the downtrend line only illustrates what the interpretation of the fibo clouds predicts: downward momentum
Fibo clouds lined up against the price trend and their multi-timeframe compression suggests selling pressure towards the targets
The price of APPLE will most likely increase soon enough, due to the demand beginning to exceed supply which we can see by looking at the chart of the pair.
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