TP 1: $152.38
TP 2: $156.92
TP 3: $161.46
Apple should show some growth in the coming weeks with the support of the 200D EMA.
RSI and MACD look like they could support the movement. 1M time frame also looks good to make way for the growth.
We look to Buy at 153.98 (stop at 149.64)
Preferred trade is to buy on dips. Previous support located at 153.00. The 50% Fibonacci retracement is located at 152.51 from 128.86 to 176.15. The 50 day moving average should provide support at 155.40.
Our profit targets will be 163.76 and 176.00
Resistance: 165.00 / 176.00 / 180.00
Good Day. We've seen recently in the markets, an over-exuberant reaction to the possibility of the Fed inexplicably changing course, in the face of generationally-high levels of inflation, that threatens to become endemic, and create longer-term problems for the US (and other global) economy.
Mr Market may have realised they could have got their bets 'slightly...
My theory that APPLE will be the crucial chart is paying dividends.
APPLE Share is on the Rise, above key resistance of 154$
My targets are 212$ and 249$
I had told everyone here: Things can get better faster than most think:
I also shared with you today how Tech beats inflation (i used the Tesla chart given that Elon tweeted today):
Market could be on...
All eyes will be set on the earnings of tech heavyweights including Amazon (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT) and Apple (NASDAQ:AAPL) this week.
Apple is scheduled to publish its fiscal third-quarter results on Thursday and while the company had decided to forgo issuing a revenue guidance citing “the continued uncertainty around the world in the near term,”...
Latest update for Apple. We may see some sort of recovery in July, which may see markets across the board move up. If we break the selling trend, it will have created a head and shoulders when selling continues downward. Again, this is a possibility, as selling might intensify.
Atlanta Fed has revised their Q2 GDP down to -1.0%, putting the US in recession. This...
A new update for Apple. We hit all of our targets with "Bitten Apple" chart. We saw this bounce coming. The market sold off too steep too fast, and we can always expect a pull back on these steep sell offs. This bear market rally may continue for a few more days before another wave of selling resumes.
The data supports a bear market and recession. The data...
Looking at Apple Stock today on the 1-hour time frame.
We see a nice potential triple bottom playing out.
Price has been respecting the descending trend line as well as the neckline of the triple bottom.
Once the price broke out of the neckline as well as the descending trend line, we had a nice bullish volume bar to accompany it.
Once the market...
Apple is close to an imminent Buy.
On the 12 hour chart we can see how the price has broken the bearish structure after several weeks.
we are waiting for an opportune or cheap moment to be able to buy confidently.
We are expecting the Price to fall below at our crucial support zone between 132$ and 137$ and then bounce back for a reverse of the trend.
MACD is already in a bullish momentum since lines crossed.
RSI looks positive
Williams alligator green line crossed with red. We need to see all lines cross for a buy signal.
Very straight-forward technical analysis .
Apple broke below substantial support trend-line beginning of May 2022.
The support was stretching higher with higher lows since early 2020, this changed just about a week ago.
The drop below the trend-line continued with a sharp drop from 155 to 139 at the lowest.
Connecting short-term lows provided support around...
Short Term - We look to Buy a break of 140.40 (stop at 136.34)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Posted a Bullish Hammer Bottom on the 4 hour chart. This is positive for sentiment and the uptrend has potential to return. A break of 140.00 is needed to confirm follow through bullish...
Drawing this curved channel we can see consistent rejections along the top (red) line, price has recently hit this line and been rejected
There are two options now for price recovery, at the yellow line, which is a trend established from previous price points
Or the 200MA (in green) which has conversely seen a lot of support touches
The 200MA entry is a more...