Apple hit the MA50 (1w), the strongest long term Support, for the first time in more than 7 months.
The pattern is a Falling Wedge and last time such formation tested the MA50 (1w) from above was on March 14th 2022, and the level held and rose over the 0.786 Fibonacci.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 191.00 (Fibonacci 0.786 like the...
AAPL is breaking down the lower Bollinger Band. It looks like this hugging of lower band will continue until the price forms a range at least at lower timeframe to halt the momentum.
Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 165/61.80%
Chart time frame : B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress : C
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) Hit the bottom
D) Hit the top
Stocks rise as they rise from support and fall from resistance....
Hello ladies and gentlemen, according to my graphical analysis of Apple Stock, there is a high probability of a decline towards the 154$ level in the next few weeks!
In this update we review the recent price action in Apple and identify the next high probability trading opportunity and price objectives to target
PAST PERFORMANCE NOT INDICATIVE OF FUTURE RESULTS
The bears have once again pushed Apple down to the lower border of the green target zone between $170.89 and $185. We continue to believe that the stock is in an overriding uptrend, but for that to be the case, it now needs to climb higher. In this scenario, the white wave (III) is expected to end well above the resistance at $198.23. However, it is important to...
Last time we looked into Apple (AAPL), it was still trading within the 2023 Channel Up (see chart below) and gave us an excellent technical pull-back buy opportunity:
This time the stock is after a 3-month pull-back that is testing the 1W MA50 (blue trend-line) for the first time since the week of March 13. On the wider picture of Apple in the last 10 years...
AAPL will go Long if it breaks through supply. Hopefully we see something by the end of this week maybe next week if the market doesn’t fail demand. Good luck, let’s see how it plays out. Looks good on 1 month/3m time frame
This whole year has been sort of a fractal for 2020 through 2022 for AAPL. Kind of crazy if you look at it. Lots of 5 wave falling wedges this year, and actually 2022 was one big falling wedge, sort of.
Expecting one more drop and then it's bull market back on. Can't believe I'm saying that but that's what the charts say.
Apple is trading inside a Falling Wedge pattern, which yesterday met its MA200 (1d) and rebounded.
This put a stop to the bearish leg's downtrend and as long as the MA200 holds, the wave count can break over the top of the Wedge.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 190.00 (September 5th High, Fibonacci 0.786).
Tips:
1. The RSI (1d) is...
Apple Inc. (AAPL) has recently announced an upcoming event that promises to unveil a groundbreaking range of Mac computers, and I couldn't wait to share this thrilling development with you.
As an avid trader, you're well aware of the immense impact Apple has had on the tech industry, consistently pushing the boundaries of innovation. With this new event on the...
Short AAPL 173
Stop 179
Target 160
AAPL has been setting up for a possible break for a while and we might be heading into it now. Swings breaking 1,61 supports can be especially strong.
Hello ladies and gentlemen, according to my graphical analysis of Apple Stock, we note that since August 2023, Apple Stock has entered in a downtrend until today, approaching a very strong support at the level of 172.00$
