If you haven`t bought AAPL before reaching all time high:
or sold the beginning of the retracement:
Then analyzing the options chain and the chart patterns of AAPL Apple prior to the earnings report this week,
I would consider purchasing the 177.5usd strike price Calls with
an expiration date of 2024-5-3,
for a premium of approximately $2.36.
If these options...
NASDAQ:AAPL moving towards the apex of the descending triangle on weekly charts.
We may see a drop from the levels of 169
Positive: Volumes are low which predicts otherwise
Apple is showing signs of strength toward its earnings this week.
The stock price broke out of a downtrend line and bounced strongly from support.
I don't think that we will see new highs from Apple anytime soon (following the triple top pattern), but we could see a bullish pullback that will reach one of the structure resistance zones waiting above.
Review:
Key points of the two previous updates (March 17th and March 22nd):
The price action of AAPL is going to be very ugly and slow-moving in the next 1-2 month.
Next major trough, 18M cycle trough in early July.
40D cycle trough: 9-10 April.
80D cycle trough: 14th May.
Completed wave x of X as a flat correction and now we are in wave y of X.
...
APPLE NASDAQ:AAPL | APPLE BEARISH PRICE CHANNEL - Apr. 9th, 2024
BUY/LONG ZONE (GREEN): $173.50 - $181.50
DO NOT TRADE/DNT ZONE (WHITE): $168.15 - $173.50
SELL/SHORT ZONE (RED): $161.50 - $168.15
Weekly: Bearish
Daily: Bearish
4H: Bearish
NASDAQ:AAPL price has been slowly moving through my previous DNT zone but was taking some time. I decided to make a new...
NASDAQ:AAPL #AAPL #APPLE
1. Consolidation zone of a high significance.
2. Range: 156-1$ : 165+1$
3. A typical accumulation level where lower and upper previous channel wedges meet.
Keep it simple.
#AHMEDMESBAH
Trade at your own risk.
Apple since 2003 price at USD0.32 has breakout to USD197 at the recent peak. The stock is currently having a correction since S&P 500 is also having a correction from peak 4605 to around 3900 to 3850. 15% correction.
Apple current price USD166.89 will drop to the 4 hours support level at USD161.41. If there is a breakout, then the price...
Welcome, dear traders, from my simple technical point of view, I see that Apple will give us more profits. It is now at the legendary support zone. If it is not broken, we will all enter to become rich and happy.
After the previous price target was reached:
Warren Buffett has been a prominent supporter of Apple (NASDAQ: AAPL) in recent years. However, there is speculation that his enthusiasm for the stock may have diminished. In the fourth quarter of 2023, Berkshire Hathaway reduced its holdings in the tech giant.
This move occurred before the U.S. Department of Justice...
Technical Reasons:
Horizontal TL
2019 Diagonal TL
Extremes indicator
Price at Horizontal TL and Diagonal TL meeting point
200 EMA testing
Huge volume at support
50% - 61.8% support
Crown pattern
Comment :
Missing a solid, bullish, green candle on the daily chart
Good technical value proposition
Daily chart:
Weekly Chart Support:
Hello Trading community and my friends so here i brought another very simple analysis on the basis of price action analysis and trend included some key levels too in it for mine favorite one and it is Apple!!
So as we can see on this provided daily time frame chart that after making mentioned previous all time high nearby 198 levels all the way price came down to...
Rectangles are potential support and resistance zones, specifically relevant only in their timeframe of existence on the chart.
Simple project in theory but from a mathematical perspective of probabilities an distribution of events, could be hard to achieve. The goal of the project (/after the simulations of potential pathways and important events projected in...
