As of Aug 05, 2016, the consensus forecast amongst 51 polled investment analysts covering Apple Inc. advises that the company will outperform the market. This has been the consensus forecast since the sentiment of investment analysts deteriorated on Sep 29, 2011. The previous consensus forecast advised investors to purchase equity in Apple Inc..
Seem a good bullish setup. Some call option contracts will be bought today.
At close today EMA20 just crossed EMA50, uptrend on a weekly chart.
Looks like a double top could be forming on the weekly chart for AAPL. Possible target at $87 NASDAQ:AAPL
Expect new trend after earnings report , Either above 99 or below 93 post earnings. Good luck everyone
TRIANGLE PLAYING OUT. break may happen either side. GO SHORT WHEN RED LINE TOUCHES WITH STOP LOSS. Buy when price touches Green line (one lesser degree from 2004 support line), so plan to dump when needed. Go deep short if it fails to break the ultimate red line from the 2015 top. Using options strategy carefully.
Apple go LONG, Glory will be back soon.
Trade in the now....First we are at support, Below pivot , lower "potential trade area active
During the recent selloff, Apple on long term basis failed the 5-year uptrend by falling below 1st upper standard deviation from 5-year (260-week) mean @ 109, however held the test of 10-year uptrend by bouncing up from 1st upper standard deviation from 10-year (520-week) mean @ 92. On short term basis, the price managed to hold 1-year ascending channel (marked...
JBLUE is holding this Trend-line support watch the levels 19.50-20 buy zones. The airlines are all hitting the buy levels. I cant stress enough, traders must learn to BUY the FEAR and SELL the GREED. Always have a plan and always have a stop. understand your parameters and you will do well. KEEP IT SIMPLE TRADE LEVELS
On we go with the long term trend Price action has been a bit messy so ive pulled Fib levels from a couple of different areas and its amazing how price has been around them. Modified Shif is in there as a rough trend guide but I think that major Red Trend line is still in play, Nice but of indecision yesterday at around 106.30 don't forget Earnings coming up!!!...
Testing the 76.4 Fib Line Recent Break Back through the Bottom channel into the top Expect to test the Mid line of the Channel again soon. Probably tuesday Upcoming News expectations will be affecting Pricing. Should be testing $100 mark within the next week or two.
IDEA IS BASED ONA COMBINATION OF ELLIOT WAVE THEORY, MEDIAN LINE ANALYSIS AND FIBONACCI NUMBERS. THE RATIONALE BEHIND THIS SETUP IS SHOWN ON THE CHART. THIS IDEA IS NOT MEANT AS TRADING ADVICE. IF YOU ARE GOING TO USE THIS SETUP PLEASE DO SO AT YOUR OWN RISK.