AAPL Breakout in progress targeting the 150 upside target. We are rallying in same degree wave (5) that might reach 167. Running triangle completed Dec 9th 2020.We’re holding on our existing longs to stretch our profits on AAPL positions.
Apple has activated a second impulse with target price at $187.96 that is +38% from current price.
Updates on AAPL existing position. We are rallying in same degree wave (5) that might reach 167. The breakout pattern is emerging and we’re holding on our existing longs to stretch our profits on AAPL.
AAPL has been trading in an ascending parallel channel for a while now, if we ignore the SPLIT price spike. The current price is near the bottom of this channel, and the long term future of AAPL seems pretty good, short term seems volatile with further anti trust suits . There's a good chance the price continues sideways, for a few days before heading upwards.
On Breakout test $125 On Breakdown Retest $121.5 - $120.27
Please see AAPL chart posted before this one from few days ago* Still holding small long position. Things I'm watching to adjust / add to my position: 1. Risky: potential small short scalp trade (I entered buy Jan 15 120 put / sold 117.50 put) for cost of $84; stop loss if break high of day of $124.57) 2. Price is consolidating just below the high of 124.57; if...
If in fact the triangle completion has run its course, we should see a move into 125-139.
Bull Target $125 Bear Target $119.3
$AAPL looks ready to re-test ATH. Clear consolidation and looking just like $TSLA two weeks ago before its breakout to new ATH. Volume has tapered off as well. Taking a starter position on 11/30. Adding size on the break of $118 with notable volume.
I am currently long AAPL . Expecting price to reach ~126 in this run where I will close some of my longs and wait for a potential dip to ~120 to buy more. I'm expecting that we test ATH resistance by year end.
The graph of the apple share looks great. The first target of the share is 140.
Bull Target $123 Bear Target $116.89
In this analysis, I will be taking a purely technical approach to Apple (AAPL), and why this might be a good buy opportunity. Analysis - To begin with, we can see that the stock is moving in an overall uptrend - It has completed a textbook Elliott Impulse Wave (12345) count, and has been consolidating in a bullish pennant structure - Within the triangle, we can...
I'm predicting a bullish price action of AAPL based on the following indicators: 1. 10 SMA > 20 EMA 2. Chaikin Money Flow in an uptrend and just turned +ve. Continuation of this is essential. 3. Breakout of triangle wedge, followed by backtest, and then a clean bounce.
AAPL current consolidation pattern presenting some good opportunity to establish some Leaps expiring 2021. Current support level for wave (4) at 105 setting up for a medium term wave (5) rally that could last for months. Notice the slight lagging indication compared to the S&P but this is a very healthy consolidation pattern ready for a breakout. Check Video...