Trade ideas
APPLE Trading Opportunity! BUY!
My dear subscribers,
My technical analysis for APPLE is below:
The price is coiling around a solid key level - 222.92
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 229.43
My Stop Loss - 219.19
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
———————————
WISH YOU ALL LUCK
AAPL Buffet Trims at potential ToppingAs AAPL gets sold by Buffet we can consider the next potential paths as we know trimming to balance a portfolio, one should trim the highest possibility of reversals and keep those with more growth potential.
HP as a higher probability space, considers that we will sideways chop for a while as price discovery recovers from this selloff.
LP as a lower probability path in which a larger market gamma reversing event occurs.
APPLE: Bullish Continuation & Long Signal
APPLE
- Classic bullish formation
- Our team expects growth
SUGGESTED TRADE:
Swing Trade
Buy APPLE
Entry Level - 222.92
Sl - 219.02
Tp - 229.74
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
Apple(AAPL): Down 7% – Is This the Opportunity We’ve Waited For?Apple’s stock has experienced a 7% decline over the past 10 days. What’s behind this drop? The fall came despite Apple slightly beating analysts’ expectations for the September quarter, driven mainly by a rebound in iPhone sales. During the fourth-quarter earnings call, CEO Tim Cook discussed positive developments in China but declined to speculate on economic stimulus impacts, noting stable year-over-year performance, partially aided by favorable foreign exchange rates.
From a technical analysis perspective, everything is lining up perfectly. Our limit order remains unchanged. The formation of an exact double top points to the possibility of a flat pattern, which typically leads to a double bottom. This anticipated double bottom would align with the volume profile’s range high, offering additional support to key Fibonacci levels.
Our stop-loss placement is secure, positioned below the support zone and the Point of Control (POC). We’ve set a time horizon for the wave ((ii)) to complete, and we believe this setup could result in a promising swing long position heading into Q1 or Q2 of 2025. If the chart develops as we hope, there may even be an opportunity to open a short position to hedge our long exposure. Until then, we’re prepared for another potential 12% drop, waiting patiently to execute our plan.
AAPL Technical Analysis for Nov. 1, 2024Technical Overview:
Current Price Level: AAPL is trading around $221.71 after a significant bearish move, putting it near key support zones.
Support and Resistance:
Support: The nearest support is around $220.00, a key psychological level that may attract buyers.
Resistance: Immediate resistance is found around $227.31, followed by a more substantial level at $231.50, which AAPL previously rejected.
Trend Analysis:
A strong downtrend is evident with a steep decline, indicated by both the price action and the EMA slopes.
AAPL is far below the recent trendline, suggesting strong bearish momentum unless buying interest returns near support.
MACD:
The MACD is deeply negative, with no immediate signs of a bullish crossover. However, a shift in momentum near the support zone may provide some relief.
Volume:
The increased volume on the recent bearish candles indicates that selling pressure dominated, but watch for a volume decline or reversal near the support level to signal a potential bounce.
Trading Strategy for Tomorrow:
Bullish Scenario: If AAPL can hold above $220.00 and shows bullish momentum on the hourly chart, it may attempt a recovery toward $227.31. Watch for an increase in buying volume to confirm this move.
Bearish Scenario: If AAPL breaks below $220.00, it may continue to decline, with a potential downside target at $215.00. Monitor the $227.31 level as a potential area to re-enter short positions if a reversal occurs near this resistance.
Entry and Exit Points:
Long Entry: Consider a long position if AAPL holds above $220.00 with strong buying support, aiming for $227.31. Set a stop loss around $218.
Short Entry: Consider shorting below $220.00 if bearish momentum continues, with a target of $215.00, and set a stop loss above $223.
Short Disclaimer:
This analysis is for informational purposes only and not financial advice. Conduct your own research and consider your risk tolerance before making any trading decisions.
Be careful with Apple !!!In my opinion, the shares of this company should be 13.4% lower than the current price, which means at $199 .
So, any correction in the shares of tech giants is an opportunity for investment entry....
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard .💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Mag 7 Supply Break & RetestBig move up for the mag 7 this morning, but has fallen off. However it is just now retesting a critical supply area and previous ATH. It's interesting to see this break and retest right before the rest of the mag 7 reports earnings.
Could go either way, but for now I expect a bounce and new ATH after.
Updated Paths for AAPLAAPL is sitting on trendline support right now. It has held on every test so far so looking for it to hold again and potentially make a new ATH after. If it's a bearish break, we have some other levels below we can short on a retest. My bias would be long for now, seems like a good area to get long exposure in anticipation of a move to ATH. Pretty tight stop too.















