Apple (AAPL) completed yesterday 3 straight green 1D candles, the longest such bullish streak in 3 months (since January 25). The rebound has been initiated inside the Lower Highs Zone that started after Apple's former All Time High (ATH) on January 04 2022. The are a lot of recurring patterns involved as well, with one being that the current Channel Down that...
Apple ( NASDAQ:AAPL ), the tech giant synonymous with innovation and cutting-edge products, finds itself embroiled in a significant legal saga following a $490 million settlement over allegations of shareholder deception. The lawsuit, stemming from Chief Executive Tim Cook's remarks regarding iPhone demand in China, has drawn attention to the complexities of...
Apple (AAPL) is exactly -15% down since the December 14 2023 High and is approaching the Support Zone of the October 26 2023 Low. We are currently on the 3rd major correction of the last 18 months and being that close to both the Support Zone and the bottom of the Channel Down, suggests that institutional buying should be initiated. If the current overall market...
We are updating our Apple (AAPL) outlook on our last analysis a month ago (January 04 2024, see chart below) as the price remains under Lower Highs: The dominant long-term pattern remains a Rising Wedge with the 1W MA50 (red trend-line) providing a strong rebound on February 02, which on the other hand got rejected on the 1D MA50 (blue trend-line). This opens...
Apple (AAPL) hit yesterday the 1D MA50 (blue trend-line) for the first time since November 06, extending the rejection on the Resistance 1 level. A rejection that is in perfect symmetry with the February 03 rejection that also caused a pull-back. The last call we made on Apple (see chart below) was on November 12 actually signaling a buy after the Falling Wedge...
Well, based on my EW counts and Fibonacci extension, we have reached the target of the move up and it's time for it to go down. Also note that the new high is NOT accompanied by an equivalent RSI(7) high. A divergence. Also, this is all-time high. You need any reason for a better risk reward?
Apple (AAPL) is on an enormous +12.5% rally since the October 26 bottom on the 1W MA50 (red trend-line). Last week, the price even broke above the top (Lower Highs trend-line) of the Falling Wedge pattern and then the 1D MA100 (green trend-line). Despite the successive break-outs, this rally may not be technically over as the very same Falling Wedge break-out...
Apple's (AAPL) iPhone 15 sales are reportedly slumping among Chinese consumers, down 4.5% compared to the first few weeks of the iPhone 14's sales. Huawei's Mate 60 line of foldable phones has been making waves over its new hardware features, but is it enough to overturn Apple's dominance in the Chinese market? IDC Worldwide Tracker Team Research Director Nabila...
Apple Inc.’s new iPhone 15 is selling far worse in China than its predecessor, according to separate analyses, reflecting stubbornly weak consumption as well as the rise of rivals like Huawei Technologies Co. Sales of Apple’s flagship device are down 4.5% compared with the iPhone 14 over their first 17 days after release, market tracker Counterpoint Research...
#Apple stock is at 178.30-180. In 2021 this price range - act as support In my opinion it's a good deal to invest in #Apple right now, Christmas is coming, a lot of guys will buy new #iPhone15 and #iPhone15Pro Pushing the price down from 197.07 to current price of 178 is a corrective action that will push the price higher as long as 171 -172 will act a...
In two days, the unveiling of the new series of best-selling and popular products of the Apple company will take place. iPhone series 15 According to the history, we can expect the growth of Apple shares According to the presented chart, a growth potential of 7% can be considered. Don't forget capital management Adhere to the appropriate risk-to-reward ratio Good...
Last time we bought APPLE (AAPL) on the short-term was on June 05 (see chart below), after a technical pull-back, and easily hit our 190 target: The stock has maintained the Channel Up since late March with the 1D MA50 (blue trend-line) in Support since January 25. Based on the 1D RSI, which has been within a Rectangle pattern while the stock is on the...
KeyBanc raised its price target for Apple (NASDAQ:AAPL) to $200 from $180 and maintained an Overweight rating on the stock. However, analysts expressed neutrality in the near term despite their positive long-term outlook. They reiterated their below-consensus revenue estimates for Apple's hardware in the third quarter of 2023. The analysts highlighted two...
This chart of NASDAQ:AAPL shows that it makes a monthly high in the month of August, is it going to be the same this year?
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management !! This chart analysis is for reference purposes only !! If you want to...
Apple Inc. (AAPL) has just completed an Inverse Head and Shoulders pattern, with its Head being the January 03 market Bottom. The Bear Cycle isn't technically over for Apple as the Channel Down that started back on the October 04 2021 Low hasn't yet been broken. In fact since the last two Lower Highs sequences have been +31.11% and +36.78%, the current rally is...
we are still not out of inflation, feds have predicted that this year will turn and we will be at a reasonable point, but we aren't there yet. that causes consumers to be on the savings side rather than buying for now. apple has a huge following, understood, but coming out with higher end phones at higher prices doesn't seem to make the most sense in the...