After Breaking out the triangle in my point of view the stock is completing the pullback and the orange downside trend is our pullback zone after that we can have a safe buy trade to target of the ATH (All Time High) with stop loss a bit lower of our red uptrend
APPL may see a minor pullback to a support/resistance region @$115.00, but with stimulus becoming more of a reality, I can't foresee a pullback of anything larger than 1.07%, @ max. W/ the 9 ema bouncing of the 20 ema @ a high value region on the 4h, indicates there should be a continuation to the upside.
Apple has made a bullish break above the Fibonacci spiral resistance
Of course these spirals are subjective to where the trend line is drawn, but it seemed a good fit.
This contradicts my last fractal for Apple which was invalidated.
"In the name of Allah, the Most Gracious, the Most Merciful".
Apple inc Possibility of next move.
Note: This is only for Educational purposes; this is not investment advice.
"Pain is silence"
Thanks
Adil Khan.
Apple- A long term fan. Buy and hold. Alternatively, trade it. Buy, when it rises above the 200-day Moving Average. Sell, when it falls below the 200-day Moving Average.
The earnings season in the US is still very ambiguous. And generates more questions than answers. Facebook's historic fall alone makes this season memorable.
But this season does not necessarily enter the history of the stock markets with a negative. The matter is that tomorrow the quarterly reporting of Apple (the publication is planned for July 31st, 2018 after...
Bulls are trying to keep the price Up but unable to sustain. We can see the upside momentum has been established in 4 hour chart. I ll suggest buy only above 174.50 for targets of 178 Intraday and positional 178 With the stoploss of 171.50. NASDAQ:AAPL
from 2016-04-24 to 2016-07-26
- between 89.46 and 101.01
w-formation was created
Usually a w-formation is an trend-reversal-formation.
And this w-formation was even created under the extended downside trendline after alltime highs in 2015
132.84 (2015-07-21): start of the downside trendline after alltime highs in 2015
123.60 (2015-11-04): end of the...
134.63 alltime high
132.84 start of the downside trendline
123.79 end of the downside trendline
123.79 trading box between the downside trendline & 1st low after alltime high
119.94 trading box between the downside trendline & 1st low after alltime high
119.19 low price of the alltime high trendreversal formation
112.52 trading box after false breakout of...
Analysing Apple's (AAPL) historical cyclical price movements and using the +/- 2SD of the linear regression to forecast a naive regression price for the next extension phase.
* Extension leg Regression Forecast*
1. For leg A (Extension Leg 1) we use a start point of $12.5 or $33 (phase doesnt have a clear start), or we could assume a mean value of...
