APPLE AT ITS IMPORTANT LEVEL
Apple was founded as Apple Computer Company on April 1, 1976, by Steve Wozniak, Steve Jobs (1955–2011) and Ronald Wayne to develop and sell Wozniak's Apple I personal computer. It was incorporated by Jobs and Wozniak as Apple Computer, Inc. in 1977.
Only for educational purpose.
Levels are mentioned on the charts. As long as it sustains above 175.50, chances of going to 181 or 186 are there. Should retest the breakdown levels.
Only for learning and sharing purposes, not a piece of trading advice in any form.
All the best for your trading journeys.
If it remains above this level, please go long, for next target of 240 in the long run.
Remember, analysis is only one part of the trading- may be investing, swing, intraday or scalping.
In the five minute chart it closed below, 38% level, but only when it goes above it with sl just below 2,3%
Second part is execution. Execute with the help of other...
Author uses confluence of Gann, Fibonacci and Wave Analysis along with his unique indicator showing pre calculated waves & Sub- waves. Avoids tedious Analysis of "Price, Time and Volume Analysis. Helps in investing, swing trades and intraday as well. Swing traders can buy above "c" Level to hold till next to next "e" Level.
At present AAPL is above 175 level,...
So, Apple was in in uptrend since start of the year. Lately the RSI has topped and it is likely that there would be a stock correction for Apple.
I have marked the previous highs which will work as the resistance line.
A channel is a pattern used in the technical analysis of financial markets that defines the movement of the price of an asset between the upper and lower lines of the pattern (parallel lines). Channels can be bullish, bearish, or sideways.
They are reversal patterns, meaning they indicate a signal for a change in trend.
When it comes to trading them, there are...
Shooting Star is a bearish candlestick reversal pattern. It signifies the end of an uptrend and the potential start of a downtrend. Its opposite is the Morning Star.
When analyzing this pattern, we should observe if the confirming candle closes within the lower third of the range formed. This condition acts as a filter when deciding whether to initiate a trade or...
Apple stock has been in parallel channel since Dec 2004 and now it is almost at the upper end of the channel.
If it fails to give BO then there is good possibility that it may correct in handsome way to retest the support highlighted.
In this you can witness previous trend was terminated by Expanding Ending diagonal and New Trend is developing in Clear Impulse
Manner
One can expect the trend to continue for Next few months
Good luck
