NASDAQ:AAPL   APPLE INC
465 10 23
3 months ago

the daily chart of aapl             .
1> after the earnings' gap, we got the second one between Aug 4 and 5.
2> in the rectangle on the attached chart, those candles look like in a bullish pattern . (the only drawback was the inverted hammer on Aug 16).
3> the pattern of Aug 18 and 19 was a bullish engulfing one.
4> the candle on Aug 19 was sitting on a support.
5> RSI reading is fairly high. getting ready to go short.
6> on Aug 25, the Fed will have a symposium in Jackson Hole.

All the best to traders and investors!
3 months ago
Comment:
snapshot
3 months ago
Comment:
snapshot
3 months ago
Comment: wait to see if the conversion line and the base line will cross on the weekly chart
3 months ago
Comment:
snapshot

the hourly chart shows AAPL was in an up trend today (on Aug 25 before the J-H meeting)
1. the close price is right above the support.
2. there is a gap between 106 and 106.25
3. since Aug 5 (when the gap opened up), most of prices have been inside the bell shape curve.
3 months ago
Comment:
snapshot

after a volatile day, the hourly chart still shows some bullishness towards next week (the month end of August)
1. the gap on Aug 5th is a support so far.
2. there is RSI div on hourly chart, expect the price would move up to 108~110 area by the month end, but it could go down at the beginning of Sept.
3. the last hour candle wasn't too bullish. but after-hour price didn't drop.
snapshot
3 months ago
Comment:
snapshot

on the daily chart, the gap around 106 has been closed due to EU tax ruling.

iPhone 7 and 7+ will be launched on Sep 7th in San Francisco.
3 months ago
Comment:
snapshot

AAPL starts showing some bullish strength at the end of the day. hopefully, the job data released tomorrow will support the market uptrend. AAPL can go back to 108 territory before launching iPhone 7
3 months ago
Comment: On Friday, aapl successfully reached $108. here is the long term view. --- the weekly Renko chart.
snapshot
2 months ago
Comment: After a drop of 2.26% on Friday, Sep 9th, the last candle finally broke out the cloud. from $108.xx to $103.xx, it vertically crossed the entire cloud. it looks like AAPL would try to close the gap that was left by the last earnings in July.
snapshot

On the another hand, the gap could be a support. i'd like to see if there is a pullback in the early next week. cuz the hourly chart shows a minor divergence.
snapshot

Even if we had a price drop on Friday, the weekly Renko still remains bullish for the long term. So expect AAPL would be volatile within a range before the Fed making decision on the int rate hike.
snapshot

Good luck in the next week trading!
2 months ago
Comment:
snapshot

we see a rally today.
2 months ago
Comment: all long positions had been closed early today. would like to see a pullback tomorrow. some short from $113.xx
snapshot
2 months ago
Comment: this morning, AAPL opened high, another gap left behind. AAPL could go to test 116.5x which is the up edge in the green area on the hourly chart. still keep the short position. cuz of the RSI divergence, expect an intraday pullback coming soon :)
snapshot
2 months ago
Comment: AAPL close price hasn't been seen since last December. The RSI divergence has been carried for a couple of days. TRIX reading is lower that yesterday. Just noticed that the pattern of the last three hourly candles sounds giving a bearish tone. Look forward to seeing how the price will act on Friday, the first day of iPhone 7 sale in the stores
snapshot
2 months ago
Comment:
snapshot

it's kinda interesting on 15 mins chart. looks like more buyers today.
2 months ago
Comment:
snapshot


it's incredible to see that AAPL price rose from 102.56 to 116.06 within a week. On Friday, the hourly candle closed below the conversion line of ichi which was bearish to me. there were two wicks on Friday as well. hence, i expect to see a pullback in the next week. the money flow and volume will be crucial. Good Luck to all AAPL traders!
2 months ago
Comment:
snapshot


AAPL left an inverted hammer at the beginning of the day.
2 months ago
Comment: AAPL sits on a support. expect to see a gap-down

snapshot
2 months ago
Comment:
snapshot

on the 4h chart, the gap from Sep 15 had been closed right after the cash market open. during the day, aapl didn't test $116 again. EOD closed one cent lower than yesterday's close. Looks like the market has not made a decision yet due to BOJ and FOMC meetings. aapl could go higher, but those indicators show it would have not much room to go higher. expect aapl would retrace to $109 ~ $110 before the month end. still hold short positions. wish me good luck ^_^
2 months ago
Comment:
snapshot

After FOMC speech, AAPL started moving up and closed at 113.51. from here, it could go either up or down. partially covered some short right before FOMC
2 months ago
Comment:
snapshot

today, the price had been pushed up and left a gap at the open. on the 1H, the last price is on a support (EMA 5). hence, leave a space for both bears and bulls on Friday. it should be interesting on Friday.
2 months ago
Comment: Just realized I started this idea a month ago. Such a good experience. Hope traders/investors who read my update share your opinion with me, and others. :)
now i am gonna share my AAPL observation with you all.
as you know, before iPhone 7/7+ launched, aapl spiked up over 10% within a week. This week, it cooled down. On Sep 22, Stoch appeared aapl overbought on hourly chart. On Sep 23, a report on the decrease in iPhone 7 sales triggered a selloff in the afternoon. (http://www.bloomberg.com//news/articles/2016-09-23/apple-slides-on-speculation-of-lower-iphone-7-sales-outside-u-s) likely this would send aapl to $109 ~ $ 110 until RSI showing oversold. but keep in mind that the last three hourly candles are in the bullish cloud.
snapshot

on the daily chart, the indicators sense a bearish movement. it might be choppy toward the coming earnings.
snapshot

let's see, it could be good for ranging/scalping.
enjoy your weekend!
2 months ago
Comment:
snapshot

The green zone on the daily chart is still a resistance. The price hasn't broken ema 5 yet. those indicators look bearish. would love to see testing ema 13 tomorrow
2 months ago
Comment:
snapshot


AAPL printed a bearish candle EOD. it senses what would happen tomorrow.
2 months ago
Comment:
snapshot


On Friday, as the last trading day of the week, the month, and the quarter, AAPL failed to closed the weekly candle above the cloud. It may take a time to break $116 and go higher.

snapshot


The hourly candle was printed in the cloud, which gave a mixed signal that AAPL may test $114.

Overall, still expect AAPL would go $109 ~ $110 before heading up to $116 or higher. We need to see more price action on Monday.
2 months ago
Comment:
snapshot


$114 had been tested and got rejected on Monday. the price has been in a triangle since Monday. on the hourly chart, if breaking the downward trendline, the price likely would test today's high. if breaking ema 68, the price would head down to 112.5x. well, ema 5 & 13 looks like a resistance.
2 months ago
Comment:
snapshot


AAPL had another green day today after news 1) Apple (AAPL) Stock Up, Canaccord Bullish on iPhone 7 Demand; 2) Apple wins appeal, $120 mn award from Samsung restored (the links posted in AAPL chat) but $116 ish got rejected again by hitting the upper band of BB. expect to test $113 ~ $114 later this week, yet, the price also could move up to $117 ish where the hourly upper band of BB is so far. happy trading! :)
2 months ago
Comment: AAPL bullish trend started with iPhone 7 launched successfully, also won the "Slide-to-Unlock" Lawsuit against Samsung. Samsung recent product battery issues made this trend last longer. the price reached $118.69 last week, the highest in 2016 so far. on the daily chart, we can see RSI divergence and Trix divergence.
snapshot

likely, the price could go up cuz there would be a room for moving up on the weekly chart.
snapshot

just 6 business days away from the coming ER. I have two scenarios: 1. the earnings meet the expectation, the price would test 120-ish. 2. if the earnings ending by the end of August, doesn't meet the expectation, could see a decent correction, might close the gap 105~106 ( due to the launch of iPhone 7)
good luck!
a month ago
Comment:
snapshot


on 4H chart, aapl closed in the cloud. the lead 2 is a support so far. the green hammer had been formed right before the market closed. seems to be bullish. expect a setup for long and a stop loss could be set right below today's low.

snapshot


on the weekly chart, the price was rejected by the conversion line which is also a support. a bullish sign to me as well.

let's see how the price will move tomorrow
a month ago
Comment:
snapshot


finally, aapl reached 109 ~ 110 area and broke the cloud, fell down to a kumo resistance. Stoch and RSI showing "aapl being oversold", let's see if the short would take a profit tomorrow (on Friday)
a month ago
Comment:
snapshot


the down trend has been developed very well. aapl would aim 105~106 area? let's see the price action in the next week.
22 days ago
Comment: AAPL just closed the gap between 105~106

snapshot


good luck!
21 days ago
Comment:
snapshot


at the end of the day, the daily candle closed above ema 200.
9 days ago
Comment:
snapshot


on 1h chart, the conversion line becomes a resistance, see if 111.4x~111.5x would be tested tomorrow
2 days ago
Comment:
snapshot


the downward trend line has been respected. let's see aapl price action on the last trading day in November.

hope you're doing well.
2 days ago
Comment: the price kept going down, hope 108.9x would be tested by Friday

snapshot
2 days ago
Comment:
snapshot


the monthly candle looks bearish to me. let's see if positive news on sales could boost the price before Xmas
21 hours ago
Comment:
snapshot


aapl successfully broke 110 support. expect another "down" day on Friday.

fyi: nfp will be released in about 15 hrs
ChrisitneLcs
3 months ago
what is your ichimoku setting? (9,26,52)? and can you share your trading strategy with that? Thanks a lot!
Reply
summer6 ChrisitneLcs
3 months ago
i use the default setting for ichimoku. yes, 9, 26, 52. i am holding the long position. the average entry @ <>108.60, the 1st tp @ 110, the 2nd @ 112 (the April high)
Reply
ChrisitneLcs summer6
3 months ago
Thanks for your explanation!
Reply
summer6 ChrisitneLcs
3 months ago
my pleasure :)
Reply
nnavarrete PRO
2 months ago
Im long on March 2017 calls, got them when the nasdaq crashed last friday. :)
Reply
summer6 nnavarrete
2 months ago
nice work :)
Reply
Anbat
2 months ago
Love the ichimoku cloud which is a 5 in 1 indicator. Thanks 4 Your Charts!!!
Reply
summer6 Anbat
2 months ago
thank you! ^_^ have a great weekend!
Reply
PaoloC PRO
9 days ago
thank you
Reply
summer6 PaoloC
9 days ago
my pleasure. thank you for viewing. :)
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out