Unveiling the Magnificent Seven: Analyzing Berkshire's Relationship with Apple and the Tech Giant's Future Prospects
The term "Magnificent Seven" encapsulates a prestigious group of megacap companies valued collectively at around $13 trillion. These titans represent approximately one-quarter of the S&P 500 index and over one-tenth of all publicly traded stocks...
Taking a shot at AAPL long term bearish case. By drawing fib extension from 2021 high to 2022 low and recent double top high, we can clearly see double top breakdown and currently we are at neckline.
Ideal entry is retest of 170$ price zone with TP1 157$ and TP2 140$
Timeline we are looking for might span 6 months.
My Plan (CAN SWING):
175C>171.24 | 165P<169.76
MINIMAL support below WATCH for a BREAKOUT this week or next!
I plan to FULLY automate my OPTIONS plays
BONUS PICKS - LIKE IF YOU WANT THESE EVERYDAY!
FREE #OPTIONS Ideas
Scale out when above 25% Profit
NASDAQ:AMD 185C>181.97 | 175P<176.96
NASDAQ:AAPL 175C>171.24 | 165P<169.76
NASDAQ:AMZN 185C>180.20 |...
Last time RSI was this low was DEC 2018 BOTTOM before meteoric rise.
MACD is showing a Classic Bullish Divergence
P.E Ratio is around the P.E warren buffet bought more apple at.
Chart shows another falling wedge.
We are sitting on an .886 fib retrace that I did not draw on the chart, from the previous low to high.
Sentiment around apple is Poor (good time to...
Dear analysts and traders,
I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules.
As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed...
Apple Inc. reported a rosy batch of figures in its second-quarter earnings report following a rebound in technology stocks, with the Nasdaq-100 Index (NDX) posting a 3.48% gain at the closing bell. The iPhone maker saw $97.28 billion in revenue for Q2, beating the $93.98 billion Bloomberg consensus forecast. Earnings per share (EPS) of $1.52 also beat the $1.42...
The recent US government lawsuit against Apple has sent shockwaves through the stock market, causing many traders to reevaluate their investments in the tech giant. The lawsuit alleges that Apple has engaged in anti-competitive behavior by restricting competition in the App Store, potentially harming consumers and developers alike.
As traders, it is important to...
The chart posted is that of APPLE. we have dropped back down to a .382 Area and have formed a Positive Divergence in RSI . and have touched the weekly BB bands . I have now taken a position in dec calls options . I will wait to sell into 185 area ...
Hey Traders,
Despite the continued Risk On sentiment pushing Major US Indexes higher, Apple has started to fall.
Resting at local support, there is a weak rebound occuring.
In this video we will note long term investor Areas and discuss potential rebounds to new highs.
Apple is currently forming a double bottom at Key support levels ($169) also approaching over so conditions on the RSI (currently at 37). This may be a great opportunity for the Bulls to step in and push Apple back up to the $180 area and possibly $190 (All Time High) as we test a few key resistance levels along the way…… Let’s see how this one plays out!
Wave analysis and Chart suggests that a trend reversal is due. Calls or Put options or investors can benefit by looking at the key support zone shown in the chart below.
Apple dumping tons of cash of Apple cars and scraping the concept, IPhone sales declining in China and the delay of apple products integrating AI models into their ecosystem might cause a crash...
High and Low range from April 01st to April 05th is very important.
Once we break the high of this range expecting it to be bullish following the Yellow line and if we break the low of that range then expecting it to be bearish following the Blue line.
1. **Buying Zone:** The buying zone suggests that $170 is seen as a favorable price level to consider purchasing AAPL shares. Traders and investors may perceive this level as offering good value based on various factors such as technical analysis, fundamental analysis, or market sentiment. It could also be a historically significant support level where buyers...
