Hi guys, it's a simple idea for the coming months. If in the next moth the us economy will grow in a slow mode maybe big tech coud fall at previous low before a next rise. Obviously we have to follow the news to understand the macro uncertain on these days.
I'm basing this analysis on the tools listed below in addition to my own observation of APPLs reaction to key FED data and market health indicator data. Apple has surpassed the bearish trend line channel shown in black, without fail the stock returned to the bottom of the channel fast and hard when this occurs. I believe we are currently in a technical recession...
Thanks for viewing, Why would anyone be bearish on a stock that has gone up over 200% in the past 18 months? I'm just watching the chart. If you look at the chart you see some concerning trends, mainly; - Volume dropping off since March 2020 as the price increases meant the stock was less and less of a bargain. - Some rather strong RSI bearish divergence -...
Yes, this is a 20 minute video. But I speak quickly. This Idea is meant to be watched as a video. If you do not watch the video and only read below, you will not get much from this idea or may get the wrong idea. Overall I have been short (Not in market) since the reversal in the stock market on April 5th and 6th. I go over all this in the video and I talk fast....
Apple is close to an imminent Buy. On the 12 hour chart we can see how the price has broken the bearish structure after several weeks. we are waiting for an opportune or cheap moment to be able to buy confidently.
SP&500, after reaching the 4200 zone, displayed a corrective pattern. We have drawn a straight bearish trend above that trend line and it was broken to the upside yesterday. Today down around that level -2% volatility day. In Spain on 06/03/2022 A greeting L.E.D
after having a large candle that has forcefully broken the range, we can take the sell position
after having a strong break with a large candle we can take a sell position
Apple Short Term - We look to Sell at 154.48 (stop at 160.14) Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 155.00, resulting in improved risk/reward. Posted a Double Top formation. The bias is still for lower levels and we look for any gains to be limited. Intraday rallies continue to attract sellers and...
''Apple'' after the breakout and the confirmation of a return of an uptrend we can buy and take profit on the red resistance
I see a successful trade as a trade either makes money or mitigates losses and further loses. An example of this is the trade I made on may 17th and exited 5 minutes into the day of May 18th. The price dropped 5% further. Long story short, I have thought APPL looked like crap since April 7th, when both Hull averages on the day and 4HR timeframe lined up in a bad...
iMob losing its collective hive mind at present... No iCar, Factories in China and India Shut-In. Share Buybacks authorized to $90 Billion, the entire Cash Flow of Apple. Oh My, - promises in the Dark. ____________________________________________ The chart looks terrible. ____________________________________________ Buffet bag holding. Bury hunting...
Core idea is within first 2-3 minutes. Everything seems to be going as expected so far. We will have to see where the Premarket is to get a general idea of tomorrows movement.
I am posting a $120 target for Apple based on the price action volume support seen at the $120 levels in convergence with the support and resistance trendlines starting to form in the recent downturn. This downturn can also be confirmed by the near trigger of a death cross which we could see officially turn over with enough bearish volume on the stock today. Apple...
downside focus remains, expecting more downside near 118 to complete wave (4), critical level at 179.61
You can skip to 1:20 where I skip the quick update talk. Everything so far seems to be moving normally as expected. We will see in ~9 hours if anything substantial has changed.
Macro: Bearish Micro: Bullish Just watch the video for the main idea. I make sure to go over my main thoughts within the first 3 minutes. Every thing else is just checking on the normal tickers. Some of the tickers: Doge, ADA, BTC, ETH, CVNA, APPL, SPY, AMZN, MARPS, VIX, FL, TWTR, UPST, and BILL. Nothing has really changed from yesterday. I am looking for that...
Macro: Bearish Micro: High Bullish Potential I am more bullish than bearish currently. I would like to see a start in APPL above 148.75. I think that can take us to 162 at the top. I think if Appl breaks though, we could see others like Carvana and Bill go up 30% to their respective supports. I outline more of the specifics in the video. I hope you all are...