Apple Swing Idea Apple 4HR Chart... I see an inverse head n shoulders forming waiting for that break of the yellow line for it to complete. We are sitting at the bottom of the channel with lots of room to run up. I'm looking to get into some call options expiring 10/16/20 expecting to see a move up to 125. We could drop within these next few days to 96.33 to fill that gap down.
Iphone
Apple AAPLHello good afternoon receive a fraternal greeting.
I'll analyze them by Apple in the medium term.
MAXIMUM, 1RESISTANCE. 137.64$ 2 RESISTANCE. $110.38
.......................................... Support. $100 VERY IMPORTANT LEVEL ..................................................
Possible movements these weeks blue arrows 1 rise to second resistance, 2 correction vulve to resistance, 3 reaches support 100$ does not break it.
From there climbed to support, correction... --------and create 4 DOUBLE FLOOR and trend change the W-----------
I hope that you and your loved ones will be well, receive a cordial greeting, from the social distance of security, thank you for your support always. BE SAFE
Sincerely in Spain at 23/09/2020
Apple May Be Oversold Before Tomorrow’s Event Apple has had a sharp pullback after splitting its stock. Now some new catalysts are in focus with the product event tomorrow and potentially new iPhones later in 2020. Let’s study the chart before Tim Cook takes the stage at 1pm ET on Tuesday.
First, stochastics show AAPL is the most oversold since late March. That alone might grab some attention.
Next, AAPL has been holding around $110. This is near the (split-adjusted) low from the week of August 10-14. It’s also near the low after the big selloff week of August 31-September 4.
Interestingly, last week’s low of exactly $110 was $0.89 under the previous week’s low. However, it quickly bounced and closed above it: a false breakdown.
The weekly chart also highlights the large spinning-top/doji candle. That halted the advance of both AAPL and the Nasdaq at the time, but they’ve been holding the bottom of that candle since.
These patterns potentially suggest AAPL has found a bottom for now, with the possibility of upward momentum continuing as new products and services roll out.
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Apple: Rebound on the 1D MA50. Targeting $400 - 420.AAPL hit last month our $350 Target we set on October 2019 when the price was trading at $229:
We are turning buyers again on Apple as on the 1D chart (RSI = 54.619, MACD = 7.940, ADX = 38.567) the price made a strong rebound on the MA50 (the blue line). On top of that, the RSI made its own rebound on the 47.00 Buy Zone which combined with the MA50, have always provided a push and the optimal buy entry since August 2019. This is a 1 year pattern and therefore quite reliable.
Our Target Zone is 400.00 - 420.00, which is practically the Resistance region provided by the Higher Highs trend-line since the May 2019 High.
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Coronavirus will hit hard... Must be patient with AppleWould I buy Apple right now? Not yet. Coronavirus will have a major impact - murmurs of iPhone12 delays and supply chain pinch. However, there is no question Apple's strong cash balance (exceeding $200Bn) will push them through this crisis. It's important to note that Apple shouldn't be considered cheap quite yet (current P/E ratio: 19.39 -> down from P/E ratio: 25.67 in February). It's Cheaper but I'd look for it to come down to near $220 before I build my position. BE CAUTIOUS, BE PATIENT, AND THEN BUY
Skyworks: Momentum Chip Stock Pulls Back to Old HighSkyworks Solutions has been flying on strong demand for smart phones and hopes of a big 5G buildout. Now it's pulled back to a level where traders might want to take a look.
SWKS broke out to new record highs in December, above the $115 zone where it peaked in November 2017 and March 2018. As often happens, it was a case of "buy the rumor and sell the news." Earnings last Thursday were good, as expected, and traders responded by taking profits.
Several analysts raised their price targets, including Raymond James, Needham, Canaccord Genuity, Citi and Craig-Hallum.
SWKS continued its slide Monday as coronavirus fears dragged on the broader market. But now that the stock is trying to stabilize at the old resistance zone, some momentum players might get interested. It's also making a slightly higher low than its earlier pivot on January 6. Traders may want to use that same area for risk management.
SWKS could also move on Apple's earnings report this afternoon because it's an iPhone supplier.
Best Buy Rallied. Here’s the PullbackElectronics chain Best Buy has been working hard not to become a dinosaur in the retail ecosystem. Following the model of larger rivals like Wal-Mart Stores and Target , BBY has used new services like product support and in-store pickup to keep shoppers in its locations.
The change worked last quarter, driving the stock decisively above $78 for the first time in more than a year. It’s now pulled back and retraced more than half that rally. Still, old resistance could be turning into support as BBY holds $78.
Like IWM yesterday , this level could provide an interesting risk/reward if traders are disciplined enough to cut losses below it. Above $78, trend followers may look to accumulate the retailer – especially with management optimistic about the holidays and new gadgets coming next year.
Is Apple overbought after a huge run? Apple has been ripping thanks to strong demand for its iPhone 11. The move began in early October after suppliers reported a surge of orders. Then AAPL reported strong quarterly results on October 30 as users fell in love with wearable devices and signed up for new services.
But has the good news been priced in for now? Some chart studies show AAPL is potentially at some historically overbought levels. See the white dotted lines on the lower studies.
Stochastics are at the top of their long-term range near the maximum 100 reading.
RSI is pushing 80, which marked tops most times in the past for AAPL.
This chart additionally has a custom indicator showing AAPL’s distance from its 50-day simple moving average (SMA). Its value around 13 percent is also near the highest levels over the last 3-4 years.
AAPL has a lot of positives working in its favor, especially buybacks and the prospect of 5G phones next year. But it’s now getting up toward levels where some traders may start trying to lock in their gains.
AAPL SHORT OPPORTUNITY Apple seems to be reaching its major resistance trendline. Seems to be overbought with higher RSI and Simple moving average. Apple, in general, follows this particular channel that I posted not too long ago. Since its the same channel, historical patters will show a bearish outlook of the stock due to its current price mark.
aapl card partnership outpreforms spy?The aapl card is a partnership between aapl to encourage people to use iOS 13's new wallet app and get a credit card backed by goldman with mastercard as the payment handler.
iOS 13 goes live on 9/16/19
If you want the aapl card my advice to you is opt out of arbitration: www.cnbc.com
MA is looking into blockchain solutions and is actually preforming better vs visa the larger market cap competitor by some metrics.
GS preformed well vs other banks in 08
GS also refused trump loans www.wsj.com
'At Goldman Sachs Group Inc., bankers “know better than to pitch” a Trump-related deal, said a former Goldman executive. Goldman officials say there is little overlap between its core investment-banking group and Mr. Trump’s businesses.'
AAPL is what I use every day, it's nice and the 11 pro max just announced
there are obvious trade war risks right now but I expect spy out performance
manage your own risk
gl hf
AAPL clearer picture towards the upsideWith apple's latest release of the iPhone 11 as well as current market structure, we are expecting to see a Apple hit the support region to then bounce back and reach reach the high it has set earlier on the year, this is a multiday and even weeks trade, however when using these smaller time frames it allows ease of understanding current short term structure and allow entry and exit points for those trading options. It is also important to note that this year's iPhone sales are expected to be quite strong compared to last years which will lead to an increase in the price of the Apple stock. There may be certain scenarios that may also play out such as President's trump possible impeachment or at least inquiries which may increase market volatility and may break structure if any further developments happen so be wary of these events and trade with caution.
Asian Stocks Mixed As iPhone 11 LaunchesAsian stocks on Wednesday have a mixed morning trade. Also, Apple suppliers outperformed after the iPhone 11 reveal event, which they held overnight in the United States.
China’s Shanghai Composite dropped by 0.3%. On the other hand, the Shenzhen Component fell 0.1%.
Aside from that, going to the U.S.-China trade war, China has offered to buy more U.S. agricultural products as an exchange for the delay in tariffs, according to a report from South China Morning Post. And it asked for the easing of a supply ban for Huawei.
Then, more from Asian stocks, Hong Kong’s Hang Seng Index rose by 0.3%. Japan’s Nikkei gained 0.6%. And South Korea’s Kospi was up by 0.7%.
Moreover, Australia’s ASX 200 climbed 0.1%. And this happened even though a survey displayed consumer confidence slipped 1.7% to 98.2 in September.
Bill Evans, a Westpac chief economist, stated, “Pressure on finances and concerns about the near-term outlook weighed on sentiment.” He also explained the concerns regarding the economy’s state, the international backdrop, and employment are seeing consumers become warier.
The New iPhone of Apple
Meanwhile, going far from Asian stocks, Apple Inc.’s lower price tag and new features might not be enough to win customers in China. The country is the largest smartphone market in the world. And it is already cramped with cheaper and feature-packed competitor handsets. The tech giant just launched its latest iPhone 11 series.
In addition to that, Apple revealed three new iPhones in California. And on Wednesday, it met a limp reaction from analysts and on social media in China. Also, this is the country the U.S. has been losing ground in recent years to rivals.
Tracker of China’s phone market Will Wong stated, “More competitive aggressive pricing and a better camera would be its selling point. But the market is still full of challenges, both market competition and macroeconomic factors.”
The iPhone 11 of Apple has two back cameras. And it includes an ultra-wide lens and the next generation of microchips, the A13.
Apple's presentation of the new iPhonethere is a proverb:
growing on expectations, falling on facts.
I think the campaigns of the eppl campaign are no exception.
I think the new iPhone will give investors confidence in stock growth.
As a friend recently said shortening in the stock market, it usually ends with a drain of the deposit.
Long is preferred.
stop for the breakdown line; the target is at least a test high.
Apple to fall despite tuesday release?Apple jumped into a "zone" last week. Last two times we seen a pretty good drop from this area. We also have a "gap fill" possibility below. I like bearish positions on this with break out the bottom of the zone, played back to the EMAs and possible further. With NQ looking bearish just adds a bit more confirmation.






















