APPL has been demonstrating strength for some time. From a purely technical standpoint I view recent weakness as as possible buying opportunity on a day trading basis. If price can retrace back to the 92.22 area, I will be looking for bullish validation and set targets in the 93.50 to 94 area for an intraday trade. If price only retraces to 93.40 area and price...
Apple: +7687% Microsoft: +6893% Intel: +2657% IBM: +691% Hewlett-Packard: -23%
Looks like we are going to Gap up above 97. If you are lucky we could pull back to yesterdays high for a re-entry. If not you can enter above the 15 min bar high. This trade is good to the 100 level were it will face major resistance. Reduce half and re-enter above ATH
1) Towards the end of 2012, price action created a stable resistance line with at least 3 touches, illustrated by the red dashed line. 2) I have some amateur wave counting labeled, the 100% extension of wave 1 from the end of wave 2 lands at the aforementioned red dashed line. 3) We have 3 dashed blue trend lines, 2 of which create a channel, and the 3rd one...
I had to redo my chart after the stock split so it gave me a chance to take another look and redraw. Here's an updated chart that may or may not prove valid. Price does seem to react at the various tines of the fork. Daily closes above the mid fork would bode well for AAPL. Price rejection by the mid fork and closes below 90 would have bearish overtones for AAPL...
Here on the weekly chart we can see that price is accelerating faster than the time/price 1:1 line, which is strongly bullish. Advance to 100.00 is possible, note however the large volume down on a recent bearish candle - there is a possibility that institutions are already distributing, whilst everything is still looking good :-)
The Apple Inc (NASDAQ:AAPL) Daily Diagram Technical Analysis shows the following: The AAPL share has made a short term bullish development with the support of the trend line (light blue). This support line is over the KUMO, which means that the AAPL is bullish in long term. The weekly diagram shows bullish trend but an overbought RSI. The monthly is bullish...
Apple in in my view on a crrossroad. Basically shown bearish scenario where the current move would end up by 97.44. This value is from the stockcharts and is correct. By 97.44 not only those 2 waves from 2013 low would be equal, but there is some further symetry in the current subwaves (not shown here) speaking clearly for 97.44. If we break higher, one has to...
The Apple Inc (NASDAQ:AAPL) Daily Diagram Technical Analysis shows the following: The AAPL share has made a long term development with the support of the trend line (light blue). This support line is over the KUMO, which means that the AAPL was bullish in long term. The weekly diagram shows bullish trend but an overbought RSI. The monthly is bullish too. So the...
It's not exactly breaking-news that Twitter tumbled shortly after it's IPO. Today's close brings the stock a smidgen below its near-IPO low of 38.80 , just before the euphoria of.... absolutely nothing set in and shot the stock to an all time nominal high of 74.73 proving to be nothing more than some kick-ass fuel for fire. TWTR closed the day just below the...
The Apple (AAPL) weekly chart shows the following signs: The Price of AAPL continued the Long movement with a new green candlestick over the Tenkan Sen and still is bullish (like I mentioned last week too). The MACD is on bullish sign and the RSI too. The Stock is over the EMA200, the KUMO Cloud and the Tenkan-sen is over the Kijun-sen like last week. I expect...
The Apple (AAPL) weekly chart shows the following signs: The Price of AAPL continued the Long movement with a new green candlestick over the Tenkan Sen and still is bullish. The MACD is on bullish sign and the RSI too. The Stock is over the EMA200, the KUMO Cloud and the Tenkan-sen is over the Kijun-sen like last week. I expect that the stock will continue the...
Today's price action took AAPL up to confluence of 50% fork resistance, prior pivot from April 2012 of $644 as well as TL extension backtest. Counter trend traders could look to short this area with a stop on a close above $645.
AAPL started 2014 and ~ $553 before tumbling to $499. A lot of investors, included myself , though AAPL was the new Microsoft, a juggernaut incapable of coming out with "innovating" products. 28.9 % later , AAPL is silencing its critics. last quarterly earning report was excellent : -> $11.62 vs. $10.21 -> Revenue up 4.6 % -> iPhone sales up 17 % And now the...
The top in MA was the day before the "when issued" stock began trading. '
The Apple (AAPL) daily chart shows the following signs: The Price of AAPL made a Long jump movement with a green candlestick before a month, at last earnings announcement. over the Tenkan Sen & Kijun Sen and gave a very strong bullish signal. The MACD is on bullish sign with a liitle sign of divergence and the RSI too but overbought. The Stock is over the EMA200,...
The Apple (AAPL) weekly chart shows the following signs: The Price of AAPL made a Long movement with a green candlestick before a month, at last earnings announcement. over the Tenkan Sen and gave a bullish signal. The MACD is on bullish sign and the RSI too. The Stock is over the EMA200, the KUMO Cloud and the Tenkan-sen is over the Kijun-sen. I expect that...