Just looking at bigger picture, Apple will be completing Wave 5 soon. Thereafter , things does not look rosy. My thoughts pending WYCKOFF confirmation.
The price could go down towards the ascending oblique support towards $180/182. 2 options from oblique support: - if rebound towards $200 again (watch for a possible breakout) - if more marked consolidation breakout towards $165/167
A very early concept and possibility, and so far it has not been proven ⚠️. If the ascent is completed and the peak is crossed, the extension takes us to 208 and then 220.
AAPL outside quarter and outside year exhaustion risk, with a little nuance see how it did take out the Q3 highs, but couldn't close above it (although bright green) one of the good things about zooming out to the higher timeframes, is that another (massive) move up can occur also known as a 3-2 to the upside let's see what happens, keeping an aye on it for sure
My dear subscribers, My technical analysis for APPLE is below: The price is coiling around a solid key level - 192.49 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 195.12 About Used Indicators: By the very nature of the...
APple will likely complete wave 4 before the next pump. My view of completion of wave 4 n impulse of wave 5 target. My opinion based on indicators.
As you can see here, we have officially rejected a major supply zone on apple. The MACD has turned red. We have also closed below the 20 and 10 EMA. I would be looking for atleast a 2 week swing to the downside. Please feel free to like, share, and comment.
The recent price action AAPL has had, is without a doubt corrective. To me, this appears to be an a wave followed by a b wave with a c wave yet to come. The main question I have is, did the b wave complete or does it need OMH before c starts? Experience tells me we need another slight high to complete this b wave. After which, I would expect the c wave to bring us...
There is already an Active Bearish Shark Trade going on with AAPl that is targeting $152.24, which would be a 0.618 retrace of the local range, but there are much bigger bearish patterns and signals in the long term that could be hinting at an elevated probability of AAPL completely undoing the uptrend it's been in since 2018 and returning to those 2018 lows at...
According to the price movements, it seems that the price is ready to rise. Follow us to see the entry point
It looks like the price made a HS at the resistance. Tomorrow I will buy puts at the open, if it tests the trend line I will buy more. Expiration on 12/29, strike 194.
Options trading offers tremendous opportunities, but it's important to navigate the challenges wisely. By acquiring knowledge, developing discipline, -- and implementing risk management strategies, you can unlock the potential for long-term success in the world of options trading. -- Benefits of Overcoming the Challenges in Options Trading -- Increased...
Price did not play out as my last analysis. I'm expecting price to target the bullish OB at 191.56 given that the price is in a bearish retracement right now. Price has taken the clean highs at 198.23 recently and is bound to make its way to the discount level now.
Long Position: Key Points: Strong Fundamentals: Apple has a history of solid financial performance, driven by its diverse product ecosystem, including iPhones, iPads, Macs, wearables, and services. The company's consistent revenue and earnings growth make it an attractive option for long-term investors. Services Segment Growth: Apple's services segment,...
Read this interesting article here Look around your circle of friends and see how many does not carry a mobile phone ? (brands does not matter) I bet it is very very few especially when more essential services like making payments and some government services that require you to download an app to gain access to their website. By far, only China has been...
Now, the weekly chart shows Apple has fallen more than 30% from its peak and the selling pressure does not appear to dwindle towards the end of Year 2022. I expect the price to fall between 120 - 128 support zone where I would be more inclined to go long at 120 price level. The current problems faced by Apple - labour shortage in China is a temporary one and I...
As promised, here is my next zoomed in chart. Today I am updating AAPL. Looking at the chart it appears to me that we are in our final wave 5 of this move up. If this is the correct count, then we should breach the $200 level soon and raise into my target box to finish out this move up. This would also be the end of our Super Cycle wave (I). This indicates we...