Nice morning start...
Anyone wondering where BTC is going next during the day DM me.
Ultimately BTC is going to 100 Dollars
Yes you heard that right... 100 dollars
Amazon, Google, Facebook and Apple will create their own coins in the next decade and this will bring the first generation of blockchain to an end while they spend billions developing their own...
Apple beat expectations marginally at 42.4bn and 1.42EPS.
Apple reported not outstanding results, but nonetheless, the earnings call from Tim Cook et al. gave Apple the momentum to break the 101 resistance level and we closed post market up at the last low 100 resistance level at 103.5 (filled the low 100's resistance gap in).
Today the market will go either...
Apple earnings to be released after market today
Expectations:
1. 1.39EPS and $42.31bn Revenue
- I personally have been an Apple bull for some time - I believe the bar for apple has been set low, with EPS 25% lower than last year and Revenue target also 15% lower than last year - I think this is achievable as Iphone SE sales will be included in the income...
Apple looks poised for the $100-101 level breakout
Volume:
- Volume has traded below the quarterly average for the past 10 days , consistent with apples post-Brexit bull run. Low volume is a bullish signal as it indicates investors do not want to offer their apple risk at current prices and wish to hold for further upside before increasing their offering.
-...
Volume
Apple Volume traded up for the first time in 4 days on thursday, increasing 25% from 20m to 26m, whilst this may be considered bearish - as increased selling, it is important to not 26m is still 35%-40% below the 4wk and 6month average.
Volume cannot fall forever and we have been trading at extremely low volumes all week, so given these facts, a modest...
Volume
Apple-0.09% Volume continued falling on Tuesday and Wednesday, -5% on each to 20.8m which is 45% below the 1 month average at 38.5m and 50% below the 6 month average at 40m.
This is Bullish IMO as it shows that at these prices holders are not willing to sell their AAPL-0.09% risk at these prices, as they seek higher prices before they offer higher...
Apple shows a strong and consistent monthly trend of each bull-bear cycle lasting approximates 2-3 years.
The first bull cycle yielded between 200% and 700% growth, the second much less at 145% growth, and the third we estimate using regressions to be approximately between 67% and 106% (or 67% for the next bull run to $151 and 105% for the 4th bull run to...
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...
