if closed below long time trend line below 131.75 means short.
This is going to be different this from my other posts, are gonna be more unbiased and diving deeper into AAPL. As you can see from the arrows, it showed when the stock broke out of either downward wedge pattern or consolidation or continuation pattern. Both of these are considered bullish with the continuation cases like AMZN consolidating then broke off and also...
Estimated Earnings April 28th.. There is still a possibly bearish rising wedge under price. Rising wedges can represent too much buying without enough selling, or healthy pull backs. A RW causes an interruption in supply and demand. In the end there is too much supply. It is a long term pattern and not valid unless bottom trendline is broken. Both trendlines...
Apple is in a strong uptrend. There are several short term levels that should hold, first light resistance is 350, then 344. Look out below 340, if this support breaks the trend broke.
We're looking at another battle of price vs trendline. Trendline fights well for the win and I am expecting Apple to fly upwards to previous ATH. Good RR ration in this trade. Apple will fall today only if whole market starts falling. Then we should expect going lower to 130/126 levels or retesting 100 bucks again. Cheers and DYOH
How you get good at trading? Basic education about market analysis mixed with the fundamentals of economics (eg supply and demand). How do you get into the top 1%? You start observing as much as you can. At one moment, you'll start noticing things other usually wouldn't. This way you'll always be a step ahead of everybody else. Here is an Apple stock! You see...
AAPL is gonna break out this week and I have bought a call option with a strike at 142. Now let us become unbiased again. Since it broke out of the triangulation pattern after many days of red, i think it is gonna go raging bull and shoot up. I believe that 130s is our new range for the moment as we surpassed the 120s and might even make the 140s our new home. The...
Despite impressive profits and continued growth in advertising revenue, both FB and GOOG have underperformed their peers in the past 5 years, returning less 165% and 208% despite sitting on mountains of cash. MSFT, AAPL, NFLX, and AMZN have each risen at least 385% in the same 5 year period, more than tripling the performance of FB. Though FB and GOOG are often...
Wedge forming on the one hour, looking for a break either way and will look to play options based on how it goes
Apple is hitting huge support, starting a new uptrend.
Apple each critical area after all-time highs
Here we go over our last video to see how out setups ended up and we go over what setups we like for this coming week! Happy trading!
Hello everyone, As you can see, Apple is right on the support line (the lower full white line) so we can predict it is going up now. I recommend buying shares now and selling when it hist the support line ( the upper full white line). As always: trade with care, don't just blindly follow me. have a great day!
could be a solid dip entry before the next big leg up for aapl, shares>calls since its such a slow mover most of the time. long 135 stop loss 130 price target 144, goodluck! :)
Apple has really never broken a trend line since the stock split. Just for that reason alone this is a good trade. However, I'm not crazy about the divergence with the RSI making lower highs as the price made a higher high. There is also a decrease in volume since then. This is a daily chart so this trade would likely take a while. If the market is in a good...