Possible short opportunity on APPLE for todayOur view on this Stock for today
Entry 393
SL 397.75
TP 388
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Apple Buy Apple using three Trend lines yellow, green and red trend lines . Buy at 381.12 price .Target of 392.55 around 3% . Stop Loss is the red line around 0.62% @ If it starts breaking the red trend line. You can aslo take a Short Position . Then it can go Down. Also RSI there seems more room for upward movement. For risk of 0.6 % there is an upside of 3%
Can APPL Confirm the Bullish Trend? Today we will do a full technical analysis on APPLE INC on the 1H and explain why I recommend bullish (long) trade advice, and also discuss the bearish scenario.
As we can see the upper resistance of this ascending channel is definitely weaker than the support line.
With break-out , the resistance didn't hold well. Also we can see a break-out got rejected, but we have to keep this behavior in mind so you don't get stopped out when you want to enter a short.
This lower support line of the ascending channel is very strong and it has at least 4 confirmed touches.
Now that the price is at the close to the middle line of the channel, so we can see two scenarios play out. Either it breaks upwards and we can enter a long towards the upper resistance of the channel, or it breaks downwards and we can short until the lower strong support line.In general, because APPLE is trending upwards recently.
I would advice to have a bullish bias here and suggest the most likely scenario of a bullish continuation
Apple Inc FORECAST: Meeting resistance soonWELCOME TO MY PAGE, PLEASE DO LIKE AND SUPPORT MY ANALYSIS, I hope what I shared can help everyone out in their trades! = )
AAPL Apple Inc appears to be in a long sustained BULL RUN on the D1 Time Frame, with short impulse pullbacks and long sustained daily green candles.
Stochastics and MACD points towards a strong buying pressure, both showing green in the buy zone. (Possible overbought scenario)
I'm looking for AAPL to touch the resistance line @ 314-315, for now would be a quick LONG opportunity to that line. Thereafter, watch for a rejection for a SELL to the nearest support line @ 303.25.
OVERALL, I'm bullish on Apple Inc but playing safe on the fact that:
1) 8 days of consecutive green bullish candles seen on D1 Time Frame
2) Approaching 3 lines of strong resistance levels @ 315, 323, and 327 last touched in mid - January 2020
3) Buying volume seems to be slowly dropping --> Indicating weakening buying pressure
For these reasons, I see a quick correction downwards next week or so nearing the resistance lines stated above, before continuing its bullish long term trend.
As always, REMEMBER TO LIKE AND SUBSCRIBE IF YOU LIKED WHAT I SHARED, THANK YOU ALL
Regards,
Gol D Roger
#AAPL ANALYSIS.. NEVER SAY NEVER.. In my previous analysis, I mentioned that a strong sales wave could come to the markets again, in this context, I expect a structure as I mentioned in the chart.. Never say never.. Markets will be very interesting after 6 months, we will wait and see.. I firmly believe that big crash will come eventually and oil prices were the leading indicator of this..
Disclaimer: Please do your own due diligence when it comes to investing.. Never put in money that you cannot afford to lose.. Invest at your own risk..
I wish you all the best..
Apple & Tesla are crazy, soon it will dropIn this video, you will learn why Apple and Tesla can drop soon
Apple - Cashcow is gutted by the butcher!Apple has been following the trading plan very well since the last release in June.
The high has been worked off and now the first sell-off of wave A could be completed by reaching the 38.2% return and reaching the 50 EMA (monthly) and 200 SMA (weekly).
Therefore, I get off with 50% of my short position and pull the SL to $ 200 and depending on the market reaction in the coming days to 3 weeks, if necessary, also sell the other 50% of the short position.
Thumbs up if you like it and follow me if you have earned money.
