Search in ideas for "APPLE"
#oh ho Bubble in It is on verge..See the weekly strength of the Apple stock is at the top sooner blood bath will began..
For better idea look at the parabola angle dow theory will show its real worth soon.
20-30% correction is left.
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.
AAPL Short Opportunity Next weekH&S formed on the Hourly chart at the support level of the tunnel.
There's two scenarios here:
1- H&S breakout confirmed and this will also confirm the tunnel breakout. Becoming into a strong selling position
2- H&S fails and price comes up to test previous resistance level completing the wave (5) followed by a big pullback correction
MACD and RSI should some divergencies
Gold Upward $1700 in 2020 Gold has enormous upward momentum at the moment, and that left participants in the weekly Kitco gold survey overwhelmingly expecting prices to keep rising next week due to the combination of chart-based momentum and ongoing worries about the coronavirus outbreak.
The metal soared to a seven-year high on Friday, fueled by the continued spread of the virus around the world and prompting worries this will dent economic growth. Some observers also cited expectations for continuing soft monetary policy in the U.S. and elsewhere.
Early this week, many participants in a range of markets took the "ostrich approach" – sticking their head in the sand and not worrying about the outbreak, said Charles Nedoss, senior market strategist with LaSalle Futures Group. But as the week wound down, risk sentiment was dinged and gold took off.
"It seems like it is getting worse," Nedoss said. "It showed up in Korea and Japan. You're hearing more talk of it hitting the economy – obviously travel and tourism."
A major technology company – Apple Inc. – this week issued a warning that sales will fall short of its forecast for the current quarter since the virus has weakened both production and demand in China.
April gold generated technical follow-through this week when the metal broke above the previous high for the year of $1,619.60 hit back on Jan. 8, when the worry was that the U.S. and Iran might go to war.
"We've got a trend going," said John Weyer, co-director of commercial hedging with Walsh Trading. "I don't see anything that's going to stop it."
Of course, a contrarian would say when expectations in any market are this one-sided, all of the potential near-term buying or selling may have already occurred, meaning the market could end up going the other way.
Fifteen market professionals took part in the Wall Street survey. Fourteen, or 93%, called for gold to rise. Only one voter, or 7%, called for prices to fall, while nobody was neutral.
Meanwhile, 1,121 votes were cast in an online Main Street poll. A total of 820 voters, or 73%, looked for gold to rise in the next week. Another 192, or 17%, said lower, while 109, or 10%, were neutral.
NFLX Divergence Continues... Dec 2018 Lows in FocusNFLX shares have been reacting to a growing realizing on the Street that Netflix is not Apple or Google or Amazon or Facebook. It has a ton of very close competition, biting at its heels, growing stronger, running faster. The multiple here is shrinking, and that process still has legs.
With Q3 earnings on the way, look for another quarter where the stock does not get the benefit of the doubt.
AAPL weekly chart studyAAPL weekly chart study suggests a possible support at the pitchfork bottom.
One can wait for a bounce at the pitchfork bottom and buy after the bounce confirmation with SL below the swing low.
Regards,
Sandalwood/Ivory trader
on the verge of correctionTeladoc (TDOC) is the perfect example of how this next-gen theme is already making an impact. The company was founded in 2002 with a goal of tackling healthcare’s three biggest issues: access, cost and quality. Today, it’s the leading provider of telehealth medical visits in the country. TDOC boasts being able to put you in contact with a licensed doctor in under 10 minutes — whether it’s via the phone, internet or mobile app.
The company already has more than 15 million users and a 95% satisfaction rate. Sure, it may not take off with older generations used to seeing their doctor in person, but the millennials, who are used to having everything they need at their fingertips, are more game for a remote visit. Remember, we’re looking at the areas that will drive the next generation of profits on Wall Street and this is definitely revolutionary technology.
Virtual doctors’ offices aren’t the only interesting thing going on within the theme, though. As the Baby Boomers age, the demand for new and better healthcare (everything from drugs to medical devices) is growing rapidly. And President Trump has already stated that he plans to speed up and simplify the FDA’s drug approval process. This is great news for all biotech companies, but specifically the smaller ones that Wall Street isn’t keeping as close of an eye on.
Then there’s the wearables space. More and more often I’m seeing people walk down the street with some sort of fitness tracker on their wrists. Whether it’s a Fitbit (FIT), Apple (AAPL) Watch or some other brand of tracker, there are all kinds of dynamic devices out there that allow users to monitor all their vital health stats. As new products come on the market, investors will have more options to profit from.
There’s no question the future is changing, and I suspect healthcare is going to look a lot different down the road thanks to the ever-growing tech space.
in nice uptrendThe Global X Millennials Thematic ETF (MILN) is designed to benefit from the rising spending power and lifestyle preferences of this generation. It’s made up of companies that encompass everything from social media and entertainment, to education and employment, to travel and mobility. Its top holdings include the heavy hitters you’d expect — Apple (AAPL), eBay (EBAY), Facebook (FB), Netflix (NFLX), and Priceline (PCLN) to name a few — and is a good way to give your portfolio some millennial flavor.
BTC RISE AGAINAs the interest in blockchain continuously grows more and more people getting interested in cryptocurrencies. Bitcoin is bound to hit all time high as it is basically the Apple of Cryptocurrencies.
Bitcoin after the market day out is again rising at a steady rate, People should start investing as soon as possible as soon it along with litecoin are gonna skyrocket. Bitcoin could go as far as $3,000 and litecoin as far as 70$ bu the end of july!
