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. '
Apple 1H Chart is showing divergence and oversold condition (RSI above 70). If price starts to decline and breaks the uptrend line, I will go short until 598 as a first target and 593 as a second target. If the Trend Line is not broken and price does not make a lower low, Apple will make newer highs.
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...
flag formation target 629-630 areas... 1-2 days trade
On this weekly chart we see a nice bearish pattern forming I will Pickup later this week a short on the QQQ. My stop loss will be any close above the $91.27. To get more information on this trade follow me : www.inthemoneystocks.com
When looking at the chart of Sirius XM Holdings Inc. (NASDAQ:SIRI), it is not hard to predict who will win this war of becoming the preferred software and music service in everyone's cars. Yes, you guessed right; without a doubt, it will be Apple Inc. (NASDAQ:AAPL). After all, the iPhone is one of the most popular devices among smartphone users. Also, most high...
Apple (AAPL) gave us 2nd day continuation down move. Here is quote from yeasterday's morning review www.evernote.com "Apple closed on low of the day. And I expect to see some follow through below $594.43.". It was a bit slow but gave two good Short opportunities: on break down of previous low of tha day and then pullback close to that. It stalled in front of...
We just completed a Deep Crab and we are diverging on the daily. Also, If you notice we have been filling these gaps quickly.
Looking at Apple's daily chart we can see two bearish indicators - overbought RSI declining and the Dark Cloud Cover reversal candlestick pattern
Apple (AAPL) was down yeasterday 1% . In the morning it went through prev high of the day and gave another $3 up move but reversed and get back below our pivot point at $601 with engulfing bear move right to $597.29. I started to trade it for Short on retest of failure point at $601 and when it confirmed resistance there from another side it built some...
It is difficult to buy here after $40 move from earning's gap but on intraday basis there we can still trade tactically keeping long in our mind. Actually, it is one of the best stocks in this choppy, range-bound market because after earnings was released it had nice, powerfull 2 days continuation move then some rest, inside days which is healthy after such a big...
This is a 4 hour chart of the QQQ and it shows both the bullish and bearish side of the argument. I have a bias to the bear side due to bearish divergence on the weekly chart and also the head and shoulder pattern. However, the bullish argument is that we have an inverse head and shoulder pattern ( green) opposing the Bears, and also the fact that we are still in...
As i have labeled in the chart, AAPL has broken out of its triangle formation and is pushing higher to the next SupDem level. It's important to note that this is a MINOR supdem level and that it has already been tested once already on 2013-12-05, so the chance of it bouncing off that zone AFTER breaking out of a triangle pattern is very slim. I am predicting...
we have a nive run up since Q3 of last year, with 38% retracement during Q1 this year. Once price broke above it's high of 575 or so, we should look at the price to move up to the 1.618 extension. I don't like price gaps, but they're part of everyday life in equities. If the market drops $20 or so, look for a little more slide to follow, to fill in the recent...