tntsunrise
Short

AAPL May show a turning point

NASDAQ:AAPL   APPLE INC
4055 28 85
2 months ago
AAPL             has now reached 117.27
the 0.618 level

Price action shows negative.

Therefore I expect AAPL             to drop from this level

Aiming 104 /92 / 72
a month ago
Comment: Now is 108 , heading south.
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m4riovolp3 PRO
2 months ago
LOOOOOOOOL :D I respect your work here and I find, that you r one of the best guys on TW... but, this AAPL analysis? really? :D :D :D
+3 Reply
sbjroll PRO m4riovolp3
a month ago
LoL
Reply
tntsunrise TOP m4riovolp3
a month ago
:) at least, ppl who saw my chart and didnt buy appl at 117 , they saved a lot of money. right?
+6 Reply
m4riovolp3 PRO tntsunrise
a month ago
that's not the point - up & downs are normal. What we find quite impossible is, the result & situation of your forecast here :D that's too much in the future, dude... (02/03 2018 !!!) :D :D :D Sry, but technical analyses or not: consider all the other "things" around the markets...
Reply
jonesrj m4riovolp3
20 days ago
@m4riovolp3, Projecting a $60 aapl stock in Feb 2018 was not the point of this post or any. You think anyone went out and bought $60 2018 AAPL puts??? HA! The real point was to make some profits on AAPL, of which the first profit level has been met. A 10% drop in 4 weeks is nothing to turn your nose up at, IMO. I just hope you're not holding long AAPL positions from $117...might be a bumpy road.
Reply
m4riovolp3 PRO
2 months ago
<60 $ ? :D the whole trading floor is amused :D
+1 Reply
mbw1972 m4riovolp3
2 months ago
What is your trading floor's analysis?
Reply
m4riovolp3 PRO mbw1972
2 months ago
If an investor trade Blue Chips, so he have to consider what the company is doing, will do in future, he have to take a look on the revenue + gross/operating margin growth for past 3 years, then the liquidity of the company (price-to-cash-flow) and book-value. After that all, my dear friend, u can take a look on a chart. Stocks are not Forex: stocks market behaviour is different from currencies. And finally: Apple has big plans for the future... Think about that.
+2 Reply
m4riovolp3 PRO m4riovolp3
2 months ago
I cant tell u what's the floor analysis says, but some say: aapl will double until 2022 :D
+1 Reply
m4riovolp3 PRO m4riovolp3
2 months ago
There is just one exception (for a fall like this): a worldwide market crash. :D :D :D This scenario would be phenomenal for gold fans :D
+1 Reply
Calamity m4riovolp3
a month ago
I see the crash coming
Reply
m4riovolp3 PRO Calamity
a month ago
if trump wins - buy gold :D
Reply
bertcoin PRO
2 months ago
All I can say is Wow. I've been holding AAPL for years because I LOVE the products (not because of the stock). If it gets to 72, I'm going to back up the truck. Regardless, this will be a fun thread to watch.
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Dguaman
2 months ago
I think that we are going to 126 sir ...
gL
+1 Reply
Indeed very possible, or it may reach a top and then crash. I am also watching it for a short position in the nearest future.
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Jor4hub
2 months ago
More chance of winning on a scratch card
+1 Reply
jonesrj
2 months ago
Folks that are laughing at this don't follow TNT. There are a LOT of trades that dont make it to that 3rd stage profit level. Those levels aren't a sure thing, but are critical S/R levels based on chart history. Somebody focusing on the idea of $70 or $60 aapl stock are missing the point. AAPL is clearly in the upper half of its trend and just recently touched the trendline. AAPL is due for a pull back. From $116 to the first profit level of $104...I think its only a matter of time.

From there can it continue on down to the 2nd profit level of $92? Very possible. AND if AAPL does get to $92 that will be a key level for to define the C point of a Gartley pattern.

So laugh if you want, but there's money to be made in shorting AAPL. And if something happens to send the stock higher, stop out and look for the next one. This is a good risk/reward in my view.
Reply
TheWave jonesrj
2 months ago
It is quite possible for Apple to drop and for the whole market to drop but one would be shorting a green candle of one of the biggest tech stocks in America held by many hedge fund holders and investors.
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TheWave
2 months ago
Shorting Apple into Christmas is quite risky. Two new iPhones are out and we have the best quarter of the year for Apple which is the last quarter of the year for Christmas. SHORT..?
Reply
jonesrj TheWave
20 days ago
@TheWave, That is the beauty of chart trading, you don't have to worry about potential news events or how those things might be reflected in the price. See the chart, identify the risk/reward and if it is favorable enter a predefined trade. Very simple. A trader doesn't have to worry about how many people are going to buy iphones for Christmas. Shorting AAPL from $116 to $104 was easy money if you made the trade, and the overall market didn't have to implode to make it happen.
Reply
MrThomas
2 months ago
be carefull my friend and waiting! i think it's a fake and it's going up. wait for 138,13!!!. if it*s dip the price so its going up to 168. if not okay, you*re right. 58 is the price. but waiting.
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AL_G
2 months ago
spot on so far she cant break thAT resistance time to short
Reply
watsonzou26
a month ago
The price action looks not good for aapl just before close today.
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mshuaibi PRO
a month ago
technically true but I have cold feet I am already out of this. I am getting jitters prior to the US elections
+1 Reply
especially if Trumped , short the Nas
+1 Reply
NunoNascimento Delilasdad
a month ago
Short now? After a 5% decline? You are late, sorry to say that. It only make sense to short again after a pullback otherwise find another trade to short. But choose one in a high place not in a downtrend already
+1 Reply
Delilasdad PRO NunoNascimento
a month ago
I agree with you wait for a retracement , but the bigger picture is showing decline and the American economy is buggered anyway . think all the indices have a long way to fall.
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toner
20 days ago
now it's 104, short for 92? ;-) you rock!
Reply
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