The sell-off in AAPL shares was well-documented last week. So, it would be remiss not to touch on AAPL this week and where the market is regarding chart structure.
Unless you’ve been hiding under a rock, you’ll have heard of the reports that the Chinese government may ban government employees from bringing their iPhones to work with them. While there has not...
I'm using a combination of gap fill, fib retracement, 123 pushes, VWAP and daily No Demand bar to form a high probability trade to the downside. So many different styles of traders will be involved in this short.
THE APPLE FACTOR
Introduction:
The crypto world is always abuzz with potential catalysts for market movements, and this time, it's not just crypto-related news making waves. Renowned crypto analyst Nicholas Merten, better known as DataDash, recently shared his insights on how a declining Apple market cap could have significant implications for Bitcoin and the...
Overview: I need to review both the updates of August 26th and September 1st:
August 26th:
Start of a bullish phase to the 210-220 zone by the end of October/first week of November.
Wave c of (I) of a of 5 under development.
Inside the second 40W cycle in the current 18M cycle now.
Bullish move to the upside to ~186 in the coming week and then the...
AAPL forming a ROUNDING TOP on the MONTHLY chart? Could be a macro bearish reversal for this giant before it grows again?
Or will it simply fall to the 150 range and continue bouncing upwards on that yellow trendline?
I am BEARISH in the short to mid-term. The whole market will turn over giving the global macro conditions as well as piling national economic...
It has come to our attention that the Chinese government has recently banned iPhones from state companies and agencies, which could have significant repercussions for AAPL's market presence and sales in the region.
China has been a crucial market for Apple, contributing a substantial portion of its global revenue. If enforced strictly, this ban may result in a...
In my method I can confirm when a B wave has completed. For AAPL, failure to extend to 201 and 204 signals B wave has finished, and we will get confirmation that C wave has started with completion of wave (a) of C down. My wave (a) target is 159.
The solid black trajectory is my main path:
-Drop to 179-185 (targeting lower range)
-Then bounce to 186-194...
The last time AAPL printed this pattern, this type of price action, it went on a correction that latest for 386 days and a -32% drop.
We have a negative and very strong bearish candlestick pattern, the shooting star, showing up 17-July. This is followed by a lower high and bearish MACD.
We have a 3 years long bearish divergence with the MACD and RSI.
The ATH...
Elliott Wave Analysis:-
Everything was explained in the previous chart. Link was attached below.
this is an alternative view for previous chart.
final impulse was a doubt.
I'm not a SEBI registered advisor.
Before taking a trade do your own analysis or consult a financial advisor.
Elliott Wave Analysis:-
View:-
A irregular flat has formed and currently the C wave is forming.
if it didn't break 123 level then this will be expanded flat
and if it breaks the level then it will be expanded running flat which may extend to 108.
we can accumulate little here and a bit more in level 2 and bit more in level 3.
3 crucial level's...
Price has not broken the neckline. The neckline is strong support until broken.
This is not a textbook H&S pattern but there is a peak/shoulder then a higher peak/Head then a lower peak/the 2nd shoulder.
Targets in orange type applicable if the neckline is broken. Sometimes all targets are not reached so keep an eye out.
Shoulder 2 is lower than shoulder...
Just a day before predicted and shared SP500 and NASDAQ will go down as per chart .
If you did not see that refer the same here in this below link
Now since it had down ,for few days this will move in side ways .
The recent shared ideas can be found here : only for your reference
www.tradingview.com
NASDAQ:AAPL
1. Clear all drawings and indicators.
2. Got a fibo 0.886 level, price reversed at here (React Don't Predict).
3. Add BandofMidas from indicators. Use Midas factor of 9.( suitable for this chart)
4. Price fall into Midas zone and reversed. Midas line still in pink. Double confirmed.
5. Plan your trade, risk reward ratio. GO Long.
copy & paste from WSJ
"Apple dominates the high-end smartphone market in the country and counts China as one of its biggest markets, relying on it for about 19% of its overall revenue.
Beijing has for years restricted government officials at some agencies from using iPhones for work, but the order has now been widened.
China’s restriction mirrors similar bans...
