Technical First off, I do not suggest shorting companies based off fundamentals. I believe there are 17 pure short hedge funds out of 10,000 or so that run a fundamental short book. I have no edge over them. H/T FT Alphaville podcast with Jim Chanos, great listen. This is purely based on technicals. The trading range, as I see it, is 92-120. Strategy- sell 120...
In a weekly and monthly supply zone, heavy selling.
Apple 60m for closer look. Watch for the break out to the up side, once confirm, buy to the target level/zone and sell.
Apple 60m for closer look. Watch for the break out to the up side, once confirm, buy to the target level/zone and sell.
APPLE-US - S/R waves that could effect the future price. As price is now above the SMA - so price is trying to climb higher, but are now rejected by the Red resist level. Once break, it will face the Resist zone. so for price to climb higher at this point is not easy, as rejection is strong. Short term S/R Level and Zone Trade (always wait for price to touch...
APPLE-US - S/R waves that could effect the future price. As price is now above the SMA - so price is trying to climb higher, but are now rejected by the Red resist level. Once break, it will face the Resist zone. so for price to climb higher at this point is not easy, as rejection is strong. Short term S/R Level and Zone Trade (always wait for price to touch...
Apple proves to still be a good investment. We think this stock continues long despite the doom and gloom ideas about the US stock market. I guess we just have to see but $131 a share is not a bad idea or thought. Good luck people!
Holiday sales this November for Thanks giving would suck for sure. And also same for X-mas and New Year for Target. TGT TARGET FROM 2015 July high $85 it is slowly trickling down. If you draw a line from that high to 2016 march high you will get a better clear picture. It may not get bankrupt but stock will be in a good position to buy if it breaks 2 support...
Well Yahoo CEO Marissa Mayer is doing an OK job but the stock are doing pathetic. From Dot Com Bubble crash til now it is struggling for sure. Even though it's making lil by lil higher high like one in 2005 and other in 2014 and it this trends goes on probably we may see another high in 2023? Just Kidding. So from year 2000 high if we draw a red line we can touch...
I think that lately apple's position can go either way, because after the Iphone 7 got introduced there was a strong rise but after that a steady drop appeared. This is a cleaned up version of my other apple support and resistance lines
AAPL has been jumping every day for a while, probably will keep it up.
from 2016-04-24 to 2016-07-26 - between 89.46 and 101.01 w-formation was created Usually a w-formation is an trend-reversal-formation. And this w-formation was even created under the extended downside trendline after alltime highs in 2015 132.84 (2015-07-21): start of the downside trendline after alltime highs in 2015 123.60 (2015-11-04): end of the...
There must be a comprehensive text, but I'm too lazy to write it.
134.63 alltime high 132.84 start of the downside trendline 123.79 end of the downside trendline 123.79 trading box between the downside trendline & 1st low after alltime high 119.94 trading box between the downside trendline & 1st low after alltime high 119.19 low price of the alltime high trendreversal formation 112.52 trading box after false breakout of...
AAPL has broken the downtrend before my expectation as posted on previous chart, where i was expecting one more test of the low before the breakout. Now it seems topping and it is probably going to test the breakout level before a new wave up. 2 gaps to fill too in the same level. Let's see how it develops.
FSLR has broken out of the long downward trend and is now correcting. Weekly Divergence + .618 key fib level Daily Resistance zone Level + 1.27 Fib extension of last impulse 4hr divergence. Contracting wave correction about to finish. This stock could go lower to the .707, but it is at an interesting point and is worth keeping an eye on. I would...
The Nasdaq100 lives in a rectangle that has been build in the long-term chart (1w) above 4779.4. It seems at the moment want to go to the bottom of the drawer. Loss level would generate a lot of confusion, while above, just surpassing 4840 to keep climbing would find clean air.