Dear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed...
Last time RSI was this low was DEC 2018 BOTTOM before meteoric rise. MACD is showing a Classic Bullish Divergence P.E Ratio is around the P.E warren buffet bought more apple at. Chart shows another falling wedge. We are sitting on an .886 fib retrace that I did not draw on the chart, from the previous low to high. Sentiment around apple is Poor (good time to...
Hello Traders, welcome to today's analysis of Apple. -------- Explanation of my video analysis: In 2019 Apple prefectly retested the previous all time high and started creating a solid rising channel formation. As we are speaking Apple stock is once again retesting the lower support of the channel which is perfectly lining up with previous resistance now...
Hi Traders! On the daily time frame NASDAQ:AAPL has completed an important bullish structure and it is currently working on a corrective structure on the intraday chart. That said, in our view, Apple will trigger a bullish corrective structure in the near term, with ABC Pattern or a harmonic structure. With this in mind, our view is bullish with “Buy The Dip”...
Just an idea I made some time ago and it seams to be accurate thus far.
AAPL Share Price Falls More Than 4% after Antitrust Lawsuit Yesterday, the Department of Justice filed an antitrust lawsuit against Apple, alleging that the company has established a monopoly with the iPhone, which has harmed consumers, developers and competitors. “Each step in Apple's course of conduct built and reinforced the moat around its smartphone...
apple stock will go down a little bit till 164 as per wave analysis
AAPL trades on a pending bullish butterfly. Although this is by default a bullish pattern the failure of a bullish butterfly almost always leads to capitulation to the following fibs. The local action we have on AAPL is not typically what we see in the low of a bullish reversal which makes me inclined to speculate on a sharp drop on the failure of the bull pattern.
AAPL on the weekly continues to fall from a double top put in at 195 in July 23 and this past January. China issues are looming with competition domestically within China, factory issues and the recession. The hart shows an established trend down seeking support at the Fibonacci level in blue. The predictive algo looking back an the regression line pattern...
Taking a shot at AAPL long term bearish case. By drawing fib extension from 2021 high to 2022 low and recent double top high, we can clearly see double top breakdown and currently we are at neckline. Ideal entry is retest of 170$ price zone with TP1 157$ and TP2 140$ Timeline we are looking for might span 6 months.
We previously analyzed AAPL on 9/30/2023, today I'm here to update. Weekly chart Currently the price is in the correction period. If the price cannot break through the important resistance level at 198.4, there is a chance that the price will go down. Consider selling if the price cannot break through the resistance level. >>GooD Luck 😊 ❤️ Like and subscribe to...
Wave analysis and Chart suggests that a trend reversal is due. Calls or Put options or investors can benefit by looking at the key support zone shown in the chart below. Apple dumping tons of cash of Apple cars and scraping the concept, IPhone sales declining in China and the delay of apple products integrating AI models into their ecosystem might cause a crash...
High and Low range from April 01st to April 05th is very important. Once we break the high of this range expecting it to be bullish following the Yellow line and if we break the low of that range then expecting it to be bearish following the Blue line.
Apple shares had same negative news, lawsuit and such. We see a nice defensive support line around 169.35, we have gone up from here before. Simple 1/1 ratio stoploss to take profit back to the 2 previous tops.
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...
As market dynamics continue to unfold, it's essential to stay vigilant and adapt our strategies accordingly. Today, I'm drawing attention to a notable development in NASDAQ:AAPL observed on the weekly chart that suggests a potential pullback in the near term. Through a detailed analysis, I've identified a head and shoulders pattern coupled with a MACD death...
stock down 3.5% today, not bad area to start accumulating. Apple Inc. is an American multinational corporation and technology company headquartered in Cupertino, California, in Silicon Valley. It designs, develops, and sells consumer electronics, computer software, and online services.
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...