Apple has now approached the wave 1 target area and is below the 0.618 retracement of wave (i). A turning point at $139.29 (0.786 retracement) is most likely. There, AAPL should complete wave (ii) and see values from $213.74 to $231.35 in wave (iii). So it looks very bullish for the largest company in the world and price increases of up to 50% could be possible....
Apple (AAPL) has fallen more than -17% from the mid-August High, losing more than half of the gains made on the June 16 rally. Right now it is exactly on the 0.5 Fibonacci retracement level on that High-Low sequence and on top of that a Golden Cross pattern is emerging (when the 1D MA50 (blue trend-line) crosses above the 1D MA200 (orange trend-line)). We have...
EUR/USD 🔼 GBP/USD 🔼 AUD/USD 🔼 USD/CAD 🔽 XAU 🔼 WTI 🔼 The decline among major currencies was replaced by a rapid rally yesterday, EUR/USD closed at 0.9734 with a high of 0.9745, and AUD/USD was last traded at 0.6522. As the Bank of England announced a purchase program for long-dated bonds, the British Pound / Dollar pair had the most notable gains. The currency...
✅APPLE is trading in a downtrend In a falling channel Along the falling resistance line Which makes me bearish biased And the pair will soon retest the resistance Thus, a pullback and a move down are expected With the target of retesting the level below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Dear investors, the trade against the apple shares has hit our TP today with 1350 Pips in Profit.
Hello,Traders! APPLE is trading in a downtrend In a falling channel and I am bearish Mid-term in the stocks in general So I think that APPLE will keep falling Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
There is an established downtrend on Apple, and recent pullback might be just another great selling opportunity.
A fresh breakdown in Apple from it's multi-week range isn't going to help the Nasdaq $QQQ stay away from its June lows, but it's a great immediate test for the market. If buyers, do in fact, bid into Apple and drive us higher into the close, absorbing the bad news, that could spark a bounce broadly, suggesting bad news is priced in, but it's on the buyers to...
Hello traders, here is a quick chart update for the DXY. First, you have to understand that the broader market recently has been trading opposite of the DXY... This means that: - DXY Up = Broader Market Down - DXY Down = Broader Market Up This has been incredibly consistent for nearly the past year so it is an excellent predictor of the stock and crypto...
Remember the Dot Com Bubble? Apple's high watermark of the dot-com bubble was $150.38 back in 2000. When the bubble burst, Apple traded all the way back down to $13.36 in 2002. History repeats and Every 7 years during the Shimta year is when all markets go through a bear market/recession. Gods Speed and lets get this bread during this Recession!
after we have had elliott wave LH '' Low high '' we will see a continuation of the downtrend after a fundamental and techinical analysis
Looking on the 2 hour time frame, Apple stock moved above the 50 MA indicating bullish momentum. Furthermore, the MACD indicator is above 0 showing indeed upside momentum. Therefore, based on Fibonacci Retracement, traders may look for a long position with 2 take profits at 0.61 and 0.78 Fibonacci Levels: Entry Price: $156.05 1^Target price: $160.54 2^Target...
Hello Guys. This is an analysis for APPL long term. Please be aware that this is a 2W chart, therefore in the meanwhile there might be a little rebound to the upside, but in the long term we might see a continuation to the downside.
using Nasdaq futures to monitor the long term trendline from 1999 till now... we violently broke the trend in 2008, but bounced beautifully in 2018/2020 and I think we soon get a decision on how price will act this time around... it should also let us know what to expect for tech valuations in the coming months/year!
APPL has respected this parallel channel and I think it will remain doing so. We have hit the .776-886 fib range from last swing high to swing low and developed bullish divergence on short time frames. It has also respected the ice line of the channel and its probable to keep that same price action going. Obviously we are bearish still, but this is a swing traders...
Updated Apple timeline. We may see bounces, manipulation, delays to expire contracts, after hours moves. I closed my apple puts expiring today and bought Sept 30 exp on apple puts. 152.5 in the money puts to capture high delta. Seems to me volume indicates MM are accumulating everyone's put positions and will ride it down after that. Could be after hours today....
Apple The stock is now trading within a descending impulsive wave C of (4) that started from 176.14 levels, targeting prices at 121.28 and 111.41. The critical limit that supports this decline is 176.14.
Major trend line that dates back to Oct 2018, it was a major resistance line until Aug 2020 and it has been a major support line since then. Yesterday APPL broke major support trend line briefly but closed above the trend line end of day. If APPL can hold above the trend line for next few days, I believe we’re seeing a market bottom and indexes SPY & QQQ will...