The TradingView Digest - February 20th

Hey everyone! Welcome back to the TradingView Weekly Digest. In today’s edition, we’re highlighting the top posts from our community, which includes an informative post about Apple’s valuation, a strategy for trading opening range breakout, a hot script on Ichimoku Oscillator, and all the latest headlines, earnings, and economic events.

💡 Apple’s Valuation
When we look at Apple historically, the valuation is higher than average, with lower than average sales growth. Compare today's prices to the low prices of 2013, 2016, and 2018/2019, and you can see that you could buy Apple at 2.13, 2.20, and 2.68 times sales, with sales growing at sharply higher rates compared to now, where sales are growing at the slowest rate and reaching a peak valuation at 8.02 times sales.
By timwest

💡 Timely Opening Range Breakout Strategy
Open Range Breakout (ORB) is a simple strategy that day traders use in relatively low-volatility markets. The Opening Range usually refers to the highest and lowest prices within the first 15 to 60 minutes of the market opening. These levels then serve as your resistance and support, guiding your trading plan for the day.
By Zeiierman

📰 Top Stories
💵 Earnings highlights from the previous week:
💡🎥 Thoughts and Analysis on US30
What a solid run we have seen until the CPI data! After the US CPI came in hotter than expected, it shocked the market, leading to heavy selling on stock indexes and risk currencies with a flight to safety (USD). Is this merely a buying opportunity, or could it signal a potential momentum change? Watch the video to find out.
By Eightcap

🆕 TradingView and Coin Metrics: New Era in Crypto Asset Analysis
Coin Metrics, renowned in crypto financial intelligence, has now integrated its dataset into the TradingView platform. Coin Metrics brings robust data on crypto networks, enriching the decisions of traders and investors with accurate information. Through this partnership, over 50 million TradingView users now have access to even more detailed and comprehensive information to analyze crypto assets.
By TradingView

🌟 Script of the Week
📜 Ichimoku Oscillator
This script utilizes various Ichimoku Cloud features to identify trend and potential entry/exit levels.
By LonesomeTheBlue

💭 Our Weekly Thought:
“There is never a rush to buy or sell.”

We hope you found this helpful. Please share your feedback, comments, or suggestions with us in the comments below.

TradingView Team

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