We primarily assume that Apple shares will swing higher again in the short term with a countermovement and then extend the high of wave X in turquoise. It should then later enter our green Target Zone ($161.90 – $140.32) with the subsequent wave Z. If, however, the price chooses our alternative scenario (35%) our Zone will be targeted directly.
Apple Inc. (AAPL) has recently undergone a significant development as it broke a crucial support level around $180.0. This breach occurred following the formation of a double top pattern on a long timeframe, signaling a notable shift in market sentiment.
The current price action shows a slight pullback around the $177.8 level, indicating potential rejection of...
The price has once again found its support on the highlighted key level where I believe the price will further continue to fall with a clean bearish breakout on the highlighted level. For this to happen, we are required to confirm a bearish breakout first before attempting to do any sell-off. Also on the bigger picture, the price has created a double top...
AAPL can hold support below and the same with resistance above.
Breaking out higher could retest the recent lower, higher placed / the prior lows slightly above.
Breaking down could seek a convergence of support below.
Breaking down would signify a double top, neckline break of a larger picture suggesting continuous downward pressure.
Apple's innovation shown in iPhone 14 is not likely enough to entice consumers to stretch their budgets in the current macroeconomic environment
40% of Warren Buffett portfolio still belongs to Apple?! for most people and traders I think its a slow asset class and like Tim Apple! sorry Cook ,Warren like to play safe too
Apple price showed a good reaction to 135...
A potential decine of up to 80% in long time favorites will certainly be unpopular. It is the same persistence in close mindedness that causes persistence in trend. It is the persistence in trends that drive prices wildly above or below fair value. As the pendelum swings reality tends to lie in the middle....
Decines in price are often seen as though there is...
There are 2 ways that AAPL can move but I have a bias for it to breakdown instead of us. The reason is because the entire market has overran too far and too long in an almost straight line way and it seems like most are on the peak.
Apple is nearing our target zone, showing the weakness we wanted to see. Today, we've observed a 3% drop. We expect a few more percentage points to fall before reaching the target zone for Wave 2, which is between 50 and 78.6 percent. Looking at our 2-hour chart, we're now seeing the 5-wave structure we anticipated. This entire scenario would likely be incorrect...
With Apple dramatically underperforming the wider market, we shine a spotlight this tech giant as it retest key levels of long-term support.
Apple Decline Amid Market Rally: A Departure from Historical Trends
Apple's share price has declined since the turn of the year due to various factors such as slowing iPhone sales, antitrust concerns, and perceived lag...
There are signs the price is bottoming out and appears to be forming a double bottom formation. Expecting the price to reverse from this demand zone and test previous zones of interest at $178. If the trend continues, we can expect the price to test the next zone at $188.
🔉Sound on!🔉
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As it is trading below both the moving averages MA-50 and MA-200, we should expect NASDAQ:AAPL to go down further.
Until it doesn't.
To be clear, I am not shorting NASDAQ:AAPL , do not have any plan shorting it, and never ever short any stocks in general.
As described initially about the stock in an another post in the related idea section, I am looking...
As of April 4, 2024, NASDAQ:AAPL has been moving in the range $170 - $176 for nearly 1 month since March 6, 2024.
It keeps trending down together with its MA-20, with a failed move up on March 20. On April 4, it also touched the MA-20 only to reverse down together with the overall market and closed at the lowest level.
A stock can keep going down until it...
AAPL trading bearish for a long time in bullish channel. Now price reached strong support level. My idea to wait break-out of channel, then wait for retest and buy it on retest. Overall fundamental analysis for me also shows soon price will start moving to upside.
AAPL has shown signs of bearish exhaustion and is likely to slowly rebound towards 174. There's a potential upward movement that could push the price higher, possibly reaching the 178/179 range by the end of April. Traders are expected to show buying interest around 168 and 170.
Apple Inc. (AAPL) stock is currently showing mixed signals on the daily timeframe when assessed with the Ichimoku Kinko Hyo indicator. The price is trading below the cloud, indicating a bearish bias in the market. The conversion line (blue) is below the baseline (red), which often suggests that bearish momentum is present. However, the lagging span is above the...
✅APPLE is going down to retest a horizontal support of 165.79$
Which makes me locally bullish biased
And I think that we will see a rebound
And a move up from the level
Towards the target above at 172.00$
LONG🚀
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![AAPL: [AAPL] Apple downside now ?](https://s3.tradingview.com/w/wm7EnzEh_mid.png "[AAPL] Apple downside now ?")
