For Apple fans everywhere, Thursday was a big birthday. 13 years ago, Steve Jobs revealed the first iPod. This was a major step for Apple as it increased its presence in the portable device market. It also paved the way for its giant iTunes business.
The chart above shows Apple’s stock since 2001. It pays particular attention to the date and release of the first...
AAPL looks like it is topping out. Indicators are also pointing downwards.
Only short when the trend confirms.
The trend is your friend & betting against it
can cause margin calls or losses.
Playing against it, might be only good for short
term trades. But going long at $AAPL at this stage
might be a bad idea. Taking profits/closing profits
or setting up a...
In a Potential Shorting Zone:
There are couple of variation of counts and I am posting the one with which I am more confident. I can understand that this chart like many of my other charts will raise eye brows and Apple Inc is very popular with many investors who have done really well over many years will likely find my chart unacceptable.
However, as you can...
I believe, fundamentally, that blackberry is undervalued at its current share price and this is why. Initially that had a hard time keeping up with the competition, and lets face it the Z10 and the Playbook were both major flops. But a business can, and should use its failures to its advantage, and use it to tweak their business model which is what BB seems to be...
Apple failed the 9 MA indicating the short term has cooled. Apple is playing with the 50 DMA and the trendline support levels. Today's gap down invalidated the uptrend, came with higher volume, and and erased the prior bar's gains. I believe this to be a professional gap, ie: the market will continue in the direction of the gap for some time. Eventually, the gap...
The Apple Inc (NASDAQ:AAPL) Daily Diagram Technical Analysis shows the following:
The AAPL share has moved under Tenkan Sen yesterday and reacted from KUMO. Weekly diagram is turning bearish.
MACD and RSI both are bearish. The volume yesterday was 350% the usual.
We have no special candlestick pattern. The share is above the KUMO but cut the Tenkan Sen...
Apple trend reversal signals are extremely strong now after the "buy the rumor & sell the news" today.
It might very well close below EMA 50 today, and that includes rejection of the all time high made back in 2012 fall.
If that does confirm, we are looking at correction down to 59~79 area which is a 40% correction (max).
Next week's movement is critical here,...
Hello again,
Here I'm taking a look at Apple stocks once again.
Nothing unpredicted,
As you can see from my previous idea I highlighted a zone using fibonacci relations for the price reversal.
Now I has bounced off of that area.
We're currently sitting in the A leg of an ABC correction move. If you're a short term trader you can look for shorting...
I suspect the 5th wave to not continue the uptrend because of this huge wave 3,
If this scenario is correct, we have a nice double-top with a divergence on the Money flow index,
Target @ next big support around 60$
Risk: 2%
Reward: 52.96%
R/R ratio: 26.48
Hello again,
This time I'm taking a look at AAPL chart.
It has shown an unbelievable move to the upside since god knows when.
But what concerns traders in these situation is, when they see tremendous moves in a direction, they get both scared (that it might end and reverse) and greedy (that they're missing out all these huge profit).
Now I've done an elliott...
Apple has already give some bullish signals like a golden cross in Stoch, we bounced on MA50 and also passed MA20. (Which now act as a short term support)
I think it looks like we will jump back up above the trendline and continue our trip upwards.
MA50 and MA20 show us that Apple is in a strong bullish trend. This will last so long the MA50 keeps intact.
If I...
The Apple Inc (NASDAQ:AAPL) Daily Diagram Technical Analysis shows the following:
The AAPL share has made a double bottom exactly at 1.618 of fib at $93.30. Now AAPL tries to breach Tenkan Sen & Kijun Sen.
MACD after the negative divergences weakening its bearishness and RSI is almost 60. The volume is the usual.
We have no special candlestick pattern. The...
We all know that long AAPL into September will be the easiest percentage points you'll add to your portfolio, but how early should you buy, and what signals should you look for?
Price: Any break above 96.30 and I would consider starting to buy shares. A break above 97.00 and I would complete initiating any left over capital I wanted to allocate. At that point I...
