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Apple

AAPL Trading in Troubled WaterThis gap up was basically a exhaustion but due to exuberance the price moved further away despite the bearish setup but now a correction is awaiting to happen after this irrational move. Also, a bearish harami candlestick pattern has been formed on the daily chart followed by a indecisive candle and then again with a bearish candle suggesting a downtrend. Therefore, considering all the above points, a break below the current support, as per fibonacci levels i.e 436 will initiate the trade for the targets of 430, 421, 407 with an SL of 449 on closing basis.
NASDAQ:AAPLShort
by iamvaibhavkr
4
Apple - Long term investmentAAPL - Monthly Chart Chart formed resistance at Sept 2018. It provided breakout during Oct 2019. It created a high during Jan 2020 and came back to the resistance zone during March 2020. Price action behind Apple - It broke the resistance and retested the zone. Also formed a green candle for better confirmation. It retests the moving average too. Resistance zone turned to support. Entry - Market price or within this month SL - 228 Hopefully, a good trend ride. Trail SL accordingly.
NASDAQ:AAPLLong
by imchartist
APPLE LONG TERM PERSPECTIVE ****NOT AN FINANCIAL ADVICE**** This is the long term perspective of APPLE INC. 1. Rejection from zone 1. 2. Close below zone 2 - a. bearish b. price will lead to 232.07 line c. 228.87 is also weekly broken resistance which we anticipate to turn it to support when price comes around it. d. blue condition. 3. Close below 232.07 - yellow condition As we can see, red condition will invalidate once we break below zone 2. This is just my analysis, it can be wrong. ****NOT AN FINANCIAL ADVICE***
NASDAQ:AAPL
by Ap_99
APPLE ANALYSISApple weekly view: On a weekly time frame a bearish divergence can be witnessed on the chart. A bearish divergence occurs when prices go higher but the RSI remains lower. Watch the 2 red arrows. This friday as on 13/9/19 Apple gave a close at 218.75. Now the immediate support is 212.72. If this is cracked heavily we can see down ticks near 208.78 and 204.55 where the monthly and weekly pivots are placed, when two major pivots are nearer it is assumed that the stock will take a support. The 20EMA is also there to support the stock at 201.76. (the light green line). If we see the candle , its clearly an Inverted hammer which says that the prices may come down. Immediate resistence on the higher sides are 220 and 222 where again the monthly and weekly pivots are there. Last week the Apple took a bounce from the CPR the blue dot which can be seen on the last weekly green candle. So, overall sentiment for this counter is neutral to bearish for the coming week. If takes support above 222 and 225 higher targets of 230 and 236 can be witnessed.
NASDAQ:AAPL
by abhijitgujarathi15
AAPL Apple stocks sitting on edge of a cliffhey guys welcome to an update of apple stocks prices, as you guys can already see that we've seen a massive decline in AAPL prices from oct 2018 and may 2019 and with the current price movement looks like apple is now entering in wave c of a zigzag correction, as you see from charts prices decline heavily from 234 in oct 2018, and forms support at 142 in jan 2019, here we also get 200 weekly SMA support, prices exactly bounce from this level and rallied upto 215, here we have also fib786 resistance, this shows the property of wave B in ABC simple zigzag corrective pattern where wave B normally retraces 78.6% of wave A. so from this principle most likely we're now entering in wave C which could lead us to lower levels. a normal wave c in a zigzag correction could travel upto 100-127.2% of wave A which in this case goes upto 125 and 100 dollar level respectively and wave goes in the formation of 5 sub waves. in above chart you can see that wave 1 has already completed and now wave 2 is in the process which could go upto 198 in short term, meanwhile wave 2 could also go upto 100% of wave 1 but not more than that, which in this situation is 215 level, so its better to keep our stop loss slightly above this, i'll recommend from 217-220 is a good level to place your stops. if wave 2 rejects from fib618 around 198-200 which is most likely than wave 3 could go upto 161.8% of wave 1, around 130-120 level, meanwhile we could also see a double bottom formation around 142 level where we made the previous low or the bottom of wave 1, but most likely bulls will fail here coz wave 3 will be the most impulsive, than wave 4 could go upto 38.2% of wave 3, around 155-160 level and finally we could see the wave 5 driving prices lower around 100-95 dollar level. but before you jump to short apple stocks, let me clear that this complete analysis is based on elliot wave theory and there's no guarantee for this price action, apple is the biggest player and it needs huge huge fud and massive selling for this kind of price action which could wipe out billions of dollar from the market. but hey there's also a good news for bears and that's massive fud ahead, Bloomberg: "Apple Must Face iPhone App Antitrust Suit, Supreme Court Rules" devil's laugh ;) Short AAPL Entry 195-200 T1 145 T2 130 T3 100 SL 217-220
NASDAQ:AAPLShort
by Husain_Arkghazi