Dear Traders, Apple's stock prices are undervalued while we still think company is in well positioned to continue the bullish trend in upcoming months. While also looking at the current news event the new line up for the new iPhone also suggest that demand of apple products has increased.
The stock set into an impulse in Jan 2023 and completed the first wave up by Feb 2023 and corrected thereafter till the first week of march. The wave 3 in the stock began in march 2023 and went on all the way till July and there after the stock was in complex wave 4 correction until last week. The stock is now coming out of the 4th wave correction and could...
Sell Off is on % 50 more to come by Tomorrow . 50 PIPS Sell now Let it Execute until 1 to 3 PM have a Good week Be Patient do Not over Trade fear is your enemy Execute and Wait . CAFE CITY STUDIO 2024
I have many ideas where I talk about 69\96 indicating local and global price reversals. Here we were additionally shown 99, which means strong growth. I'm going to fixate on the imbalance overlap. See attached ideas
Over the last 30 days, there has been a downward revision of 1.7% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. Prior to a company's earnings release, it is of utmost importance to factor in any revisions...
Please understand the price action and the trade discussed and then act accordingly. If you don't understand or you are not sure sure feel free to message me. NOTE:FOCUS ON RISK REWARD
SELL SIMPLE Big data Release this Week trust the Process Stay on Trade Do not Panic or over Trade This Trade can take from 2 to 4 Days Be patient keep things simple FX:EURUSD
I have mentioned these two circled levels earlier and we have now reached the second target (Purple Circle). This is a perfect bounce area for SP500 and may be the bottom of this bear trend we have been in the last months. We might go down and test the support below but I dont think so. In my chart I posted earlier I mentioned that I thought we would consolidate...
It 's time for the stocks to pull up and say goodbye to the fall
after 3 times try to brake 156 , now is time to brake easily and today after news {Fed} can be we have my target.
Tesla could continue its correction up to $168 and after hat can be again to the top
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to consider debt, when you think about how risky any given stock is, because too much debt can sink a company. We can see that Apple Inc. (NASDAQ:AAPL) does use debt in its business. But should shareholders be worried about its use of debt? Why Does...
Apple hit the MA50 (1w), the strongest long term Support, for the first time in more than 7 months. The pattern is a Falling Wedge and last time such formation tested the MA50 (1w) from above was on March 14th 2022, and the level held and rose over the 0.786 Fibonacci. Trading Plan: 1. Buy on the current market price. Targets: 1. 191.00 (Fibonacci 0.786 like the...
Whether you want to look at these markets like an American football game or the National Finals Rodeo/Calgary Stampede bull riding, this final quarter of the year is set up to be quite the fireworks show. The new JP Morgan fund options collar is illustrated on the chart, but let's put it into text: JPM is the seller of 41,000 calls with a strike of 4,515 JPM is...
The bears have once again pushed Apple down to the lower border of the green target zone between $170.89 and $185. We continue to believe that the stock is in an overriding uptrend, but for that to be the case, it now needs to climb higher. In this scenario, the white wave (III) is expected to end well above the resistance at $198.23. However, it is important to...
Last time we looked into Apple (AAPL), it was still trading within the 2023 Channel Up (see chart below) and gave us an excellent technical pull-back buy opportunity: This time the stock is after a 3-month pull-back that is testing the 1W MA50 (blue trend-line) for the first time since the week of March 13. On the wider picture of Apple in the last 10 years...
Apple is trading inside a Falling Wedge pattern, which yesterday met its MA200 (1d) and rebounded. This put a stop to the bearish leg's downtrend and as long as the MA200 holds, the wave count can break over the top of the Wedge. Trading Plan: 1. Buy on the current market price. Targets: 1. 190.00 (September 5th High, Fibonacci 0.786). Tips: 1. The RSI (1d) is...