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Natalie.Gin
Jul 1, 2015 6:02 PM

4 Reasons You Have To Buy APPLE Stock: Long

Apple Inc.NASDAQ

Description

1.

The purple trend line changed the market direction for five times in the past, starting from September 2012 once again on the November 2014 and eventually on February 2015 we broke the trend line and started to test the trend line as a support level. right now we touched this line again and guess what? we went up and changed the direction once again.

2.

A perfect Bull Flag!
And right now we tested the bottom of the flag!

3.

The green trend line was a major support level for the market for times in the past, starting from April 2014 once again on the October 2014 and on January 2015.
Right now we touched this line again and guess what? we went up and changed the direction once again.

4.

Q3 2015 Earnings on July 21

The earnings report will provide another look at iPhone 6 and iPhone 6 Plus sales during a period following another record-breaking quarter for the devices. It will also provide a look at both Mac sales, which were up last quarter from a year earlier, and iPad sales, which were down last quarter from a year earlier. Apple could also provide a look at Apple Watch sales. In the second quarter of 2015, Apple announced revenue of $58 billion and a net quarterly profit of $13.6 billion on 61.2 million iPhone sales, 4.56 million Mac sales and 21.4 million iPad sales.

During its second quarter earnings report, Apple provided guidance for the third quarter of $46 - 48 billion in revenue and gross margin between 38.5 and 39.5 percent.
Comments
chargercab
Wow Natalle What a wonderful detail to your analysis, Im new to trading and look forward to comments like yours,
I have been trying to learn to trade and can only do basics as bolinger band and Macd, So to see your comments like this
really looks interesting and gives me good advice that makes sense, Keep up the good work and I look forward to your future opinions.
Regards Craig
jangseohee
earning or not earning
i reckon would be a last run up to 150 plus minus?
GianB
My analysis has it at $150-160. I think it'll see 160
CoinedByCrypto
Take care... you might end up being caught as part in a "Pump'n'dump scheme. I see a bear flag ... hard to see anything else.
ghyta
Short term bearflag, long term a triangle, where we are in the last E wave
CoinedByCrypto
Thank you for the invitation I took up the glove and had a little closer look at the maturity of the Apple on longer timeframes... I maybe prefer it as juice but as something to chew on...no thank you...! The core of it is almost rotten. So I leave it up to you to buy Carl Icahn's.... I'm not interested neither short nor long term!
CoinedByCrypto
You state in one of your newest charts.."bulls don't lie... I guess we can agree upon - that it goes for the bears too?
ghyta
I`m just looking at theory of Elliott wave. Wave E can have an extension, happens quite a lot. One of the rules is that wave 5 or E have the same length as 1 or A. When you measure the length of A you will see its around the same length as E. But then the E should have been finished today.
That there would be a move down for the short term was clearly. Now we have to wait and see whats next.
ghyta
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