Don't see much correction in Apple. Should settle around 220 zone at the least, if it breaks down 240 levels.
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.
****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. ...
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.
disclaimer...not an investing/trading recommendation
My 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...
Apple 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...
Forming a weak pattern in 15 min chart
hey 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,...
As per my wave analysis, this is the short term and medium term view on AAPL stock.
Apple has formed shooting star on daily chart which has emerged after a considerable bull run. Stochastic is showing negative divergence. Shooting star has been formed after a big green candle which makes it more reliable. Sellers have emerged above psychological barrier of 200. Going forward 203 would be the resistance and counter can drift towards 194-190-185 level.