OK, so the battery released it's energy to the south. So far so good. Now it's decision time for a further plunge, or a rebound. Rebound Price is sitting at the orange center line and the 50 week MA. If those don't give support, then a plunge is very certain. Plunge The plunge could last to the white WL = Warning line or to the orange L-MLH. =...
...and the unloading is near. The dashed line just shows the frequency of Apple. The white pitchfork shows the most probable path of price. The right leg down (orange) is about the same as the leg up. If the down leg plays out, we will see price at least on the centerline of the white pitchfork. I think this sideways trading has it's reason. We will see...
In todays analysis, I will be looking at and breaking down the reasoning for my incredibly bearish stance against apple as we will be looking at the weekly time frame in todays breakdown. To begin, we can easily use prior levels of S&R in combination with Fibonacci levels of retracement, which in my opinion give us a clear map as to what will occur within the...
Apple #1 in the Nasdaq 100 with the biggest weight. Although they seem stable, that doesn't mean they can not come down. Below are some key factors that would contribute to Apple selling towards $100. Key Factors Economic Slowdown, reduced revenue & earnings. P/E Ratio is around 28x 1M & 1W have room to sell. FOMC Decision. Recession risk from...
Revisiting Apple, these are some short term prices we can see. If we price Apple based on the economic data, we can see Apple decline. If we see Apple based on QE, we can see one more push towards resistance (highly doubtful). Support Levels $170 $160-165 (yellow dotted trend line) $155 Resistance Levels $183 $177 $175 The 200MA is 150.00
Short and enjoy. Weakness is Clear on Chart but People Don't believe it now.
**APPL hrly short** shortstop @ 172.04 TP #1 @ 170.19 77.61% wr TP #2 @ 166.68 56.72% wr SL @ swing high 176.12 11.94% hr
Previous Double Bottom Pattern (Invalidated) New Pattern: Symmetrical Triangle Price target if breakout to the upside: $168- $169 Price Target if break to the downside: $150- $151 If Price Breaks Above Top of Triangle: Wait for a Retest (to confirm support), Then Enter Long If Price Breaks Below Bottom of the triangle, Wait for a Retest (to confirm...
As Apple continues to absorb the entire global share of wallet, bad things can happen. When it does dump, it will take indexes and grow with it. Bear PT = $157-165 Bull PT = $185-200 Odds are this starts next week unless the Fed backtracks on starting tapering. Time will tell, this is clown world folks. No matter what happens, this is good for no one except...
Apple closed under both 20 and 50 EMAs with downward momentum likely to push it 3% down from current level. - HH
Apple - Short Term - We look to Sell at 168.18 (stop at 171.84) Previous support level of 169.00 broken. Closed below the 50-day EMA. We look for losses to be extended today. The bias is still for lower levels and we look for any gains to be limited. Our profit targets will be 157.25 and 152.20 Resistance: 169.00 / 175.00 / 180.00 Support: 160.00 /...
$AAPL Apple Analysis for this upcoming week NOTES: - Currently at $178/s after hitting Resistance ALL TIME HIGH -There is currently a visible RSI Divergence for the past week -Historically there was another RSI Divergence From Nov 22 followed by a price correction -Watch a Price Correction from an RSI Divergence this week towards the $173 levels
Apple is about to hit tremendous $3 trillion ($3,000,000,000,000 just look at that number!!!) market cap. The stocks are overbought on there's too much hype of Apple products, which are way too overvalued. The problem is not that it is overvalued by Apple company, it's ok, they define the price what they want. The problem is that it is overvalued by shareholders,...
Huge RSI divergence on weekly chart. Next 2 weeks will be ugly for APPL i guess ..... just be patient and get a good entry . This stock will fall hard . Just today the numbers came very bad for US inflation .... the biggest in the last 40 years ... Almost everything down or flat aprt from APPL who surged an additional 2.8% on top of what is already a shit show...
apple could fall to 140$ beware guys 140$ is good for buy
after 8% gain for apple because of icar news the stock should go back little bit, its overbought and hits resistend zone now
abc to XOP and 0.618 FIB, good R:R ratio on this one. If the pattern fails $157 highs will likely be challenged. Remember in a risk-reward equation, we can control only the risk, do that and you will be fine. It's a game of probabilities :)
Reversal strategy in place to lower share price as a retracement of the weekly structure. LTF confirmation advised.