4AAPL trade ideas
POSSIBLE LONG. RSI ABOVE 50 , Not oversold yet.
Trend line not broken yet
Market structure is bullish - monthly weekly and daily.
above 50 and 200 EMA
if breaks the resistance , then wait for BRC ( break retest and continuation)
and open Long position.
AAPL do not rush into long here, might have a small pull back a$AAPL do not rush into long here, might have a small pull back at the open and once it finds support if it does then go long
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
BIG POTENTIAL THAAT AAPLE GO UP SO BUY IN SHORT TERMEBIG POTENTIAL THAAT AAPLE GO UP SO BUY IN SHORT TERME
Analise Apple 17/04/2020Analise na Apple inc AAPL, para continuar em alta precisa respirar pelo menos até os $265,00 para engatar nova perna de alta consistente, rompendo o patamar de 161,80% do Fibonacci.
Apple AAPL support is seen around 220 levelsDon't see much correction in Apple. Should settle around 220 zone at the least, if it breaks down 240 levels.
"I want to put a ding in the universe" - Steve Jobs.AAPL Shows vertical potential.
Channel break was captured at 200 EMA. The stock has been respecting the EMA since the 1980s. The same can be said for future channel breaks as well.
Only if the stock doesn't put a ding in the charts.
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***
AAPL LongThe True Strength Indicator has crossed upward. I think the price will continue to increase. Warren Buffet has billions invested in this stock. Follow.
A clear trend following buy for Apple We can observe a clear trend following approach in Apple. The stock is in strong uptrend and has been seeing a bullish run since past many months. We recommend a strong buy at current levels with a stoploss at 270-275 levels.
Analysis of Apple ScripMy 2 cents, as you can see from the above diagram, Apple seems to be range bound within the trendline, unless Apple breaks the trendline and goes above it (I don't see that happening because Apple seems to follow the SPX chart pattern and I believe SPX is going to come down after testing the resistance zone - please refer to my analysis of SPX), I believe Apple will go uptil around 250 - 255 before falling back to the 0.618 level of the Fibonacci retracement which is around 215-220, which is the "character" of the Apple scrip, I have attached an example, with the earlier top you can see that the Scrip exactly came to the 0.618 level before starting to move up.
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.
