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AAPL

APPLE What Next? BUY! My dear subscribers, This is my opinion on the APPLE next move: The instrument tests an important psychological level 179.63 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 184.41 My Stop Loss - 177.23 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK
NASDAQ:AAPLLong
by AnabelSignals
1
Apple's Market Performance Amidst the Magnificent SevenThe renowned "Magnificent Seven," a collection of tech titans including Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla, has embarked on a diverse journey since the onset of the year. While certain members, notably Meta Platforms and Nvidia, have dazzled with stellar performances, others, like Apple, have faced a less triumphant trajectory, with its stock dipping nearly 5% year to date, positioning it as the second weakest link within the ensemble. However, the recent downturn in Apple's shares prompts a closer examination rather than outright dismissal. Let's delve into why Apple remains a compelling prospect for long-term investors. The decline in Apple's stock followed the disclosure of its financial results for the first quarter of 2024, concluding on December 30, 2023. Despite the tech giant's overall modest performance, particularly with net sales inching up by approximately 2% year over year to $119.6 billion, Apple's earnings per share showcased a robust 16% year-over-year surge to $2.18. Investor dissatisfaction primarily stemmed from the company's lackluster performance in a pivotal market - China. Sales in China encountered a 13% year-over-year dip, amounting to $20.8 billion, constituting roughly 17.4% of Apple's revenue for Q1 2024. The downturn was attributed to reduced sales of iPhones and other devices. Nevertheless, this setback is perceived as transient, with smartphone sales encountering hurdles in China throughout the previous year, partially due to broader economic challenges affecting various companies, not exclusive to Apple. Tim Cook, Apple's CEO, emphasized Apple's continued dominance in China and other markets, citing data from a Kantar survey. Analyzing Apple's first-quarter results reveals two optimistic facets, particularly concerning its performance in China. Firstly, the period encompassed 13 weeks compared to the previous fiscal year's parallel quarter, which spanned 14 weeks. Secondly, currency exchange rate fluctuations adversely impacted Apple's sales growth metrics in China. While the economic slowdown in China may persist temporarily, Apple's long-term growth prospects remain robust. The company's resilience, coupled with the anticipation of an economic rebound, positions Apple favorably for sustained success over the extended horizon. Apple's iPhone segment continues to spearhead revenue generation, witnessing a notable 6% increase to $69.7 billion in Q1 2024. Among Apple's diverse segments, only the services unit outpaced this revenue growth, boasting an 11.3% year-over-year upswing to $23.1 billion. With services contributing approximately 19% to Apple's overall revenue, this segment is increasingly pivotal for the company's trajectory. Artificial intelligence (AI) emerges as a significant frontier for Apple. While specific details remain undisclosed, Tim Cook hinted at forthcoming revelations regarding the company's continued investment in AI during the recent earnings conference call. Despite trailing behind industry giants like Microsoft and Alphabet in the AI realm, Apple's adeptness at redefining technologies underscores its potential to thrive in this domain. Despite recent challenges in the Chinese market, particularly concerning smartphone sales, Apple's diversified growth avenues and robust financial position render it an attractive investment opportunity. Long-term investors are presented with an opportune moment to acquire Apple shares, considering its comparative underperformance vis-à-vis certain Magnificent Seven peers year to date. With its foray into AI, healthcare, fintech, and other sectors, Apple remains poised for sustained success in the foreseeable future.
NASDAQ:AAPLLong
by FOREXN1
1
Apple Analysis: Key Paths AheadFor Apple, two scenarios remain feasible. We continue to believe that we may have witnessed the completion of a significant cycle and anticipate a further correction downwards, expected to range between $115 and $90. Theoretically, according to traditional analysis, this correction should ideally be between $115 and $92. This bearish grand scenario would become invalid if we breach the 138% level before completing the correction. Shifting to our bullish scenario, it suggests that what we saw in 2021 wasn't Wave (5) but rather Wave (3), followed by a Wave (4) correction and an impending Wave 5. Whether this is fully feasible remains uncertain. It's not entirely dismissible, yet it's hard to fully endorse without reservations. Therefore, we're closely monitoring the overall market sentiment to decide whether to place our limit order on the bullish short-term scenario.
NASDAQ:AAPL
by stromm_by_wmc
AAPL Share Price Rises Nearly 1%AAPL Share Price Rises Nearly 1% after Scrapping Electric Vehicle Plans In 2021, the release of an electric car from Apple was expected in 2025, in 2022, the deadline was shifted to 2026. As it became known yesterday from Bloomberg and WSJ, Apple decided to completely abandon the project. Causes for this decision: → the electric vehicle market turned out to be not so turbulent; → production and technological difficulties; → the strong development of electric vehicle construction in China may also have played a role. Some employees will be fired, others will be transferred to a more promising department related to developments in the field of AI. Despite the fact that the ambitious project, which lasted about 10 years, failed, the price of AAPL shares rose by almost 1% yesterday as a result of trading — perhaps investors positively assessed the reorientation from electric vehicles to a more promising direction related to AI. The AAPL stock chart shows that the level of USD 180 per share acts as support; several rebounds from it have already been formed in 2024. And the news about the abandonment of plans to produce electric vehicles caused the last of them. However, how reasonable is it to buy AAPL shares in such a situation? Issues for bulls may include: → the fact that the price of AAPL is significantly weaker than stock indices, which are rewriting historical peaks thanks to NVDA, MSFT and other leaders; → the results of reorientation from electric vehicles to AI are a long-term and uncertain prospect; → from the point of view of technical analysis of AAPL stock, a downward trend appears on the chart (shown in red). Its upper border is a potential resistance line. And if there is a bearish breakout of the important USD 180 support, it could further resist the bulls' attempts to restore the AAPL share price. Also causing negativity is that: → the price is fixed below the black trend line; → MACD is in bearish territory. However, looking ahead to the next 12 months, analysts surveyed by TipRanks believe Apple shares will avoid a decline and benefit from the current bull market; their average price forecast for AAPL stock is USD 206.15. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NASDAQ:AAPL
by FXOpen
1
Everything In Our FavorI am a previously successful trader who has been out of the game for a few years but I am getting back in to pay off some short term debt and I need to generate some extra income to pay off this high amount of short term debt. I am choosing options again because that is where I was successful before. I turned $2k into $20k 5 years ago and I believe I still got it! But enough about me, lets dissect each indicator I am using for this long call trade. D Plus: Showing a green cloud beneath the most recent candles indicating bullish divergence. If you look further back at the last green arrow indicator it did indeed rise and we could be set up for another rise and the next buy signal could be moments away. These signals are so accurate that the creator charges a subscription for. Next! Triple confirm: Shows several buy signals along with low RSI and lower trade volume. Trade volume could increase tomorrow with AAPL being under bought and speaking of RSI lets take a look at the true RSI indicator. RSI: The RSI is 36.81 making AAPL extremely underbought. This could help us understand that the price will rise as more buyers will buy in bringing this level back up. Technically right now the price of Apple is a steal according to the RSI and buyers want their deals. Divergence: Finally divergence, the divergence shows weakening bearish divergence and growing Bullish divergence. This is a sign that the bulls are regaining strength and could take over causing price to rise as buyers are buying Apple up at this price. What are your thoughts? Would love to see them in the comments! Good luck and happy trading!
NASDAQ:AAPLLong
by Myantman101
2
AAPL Technical Analysis and Trade IdeaOn the monthly time frame, #AAPL exhibits a bullish trend with a recent retracement into an equilibrium zone. As we delve into lower timeframes, a base formation becomes evident. Specifically, we observe a double bottom setup followed by a break below the previous lows, a robust rally, and subsequently, a higher low formation. As we continue analyzing the shorter timeframes, we notice a potential shift in the current downtrend. This change in character suggests the possibility of a structural break. My focus lies on identifying a buy opportunity if we witness a breakout and subsequent retest of the previous high on the 15-minute timeframe. However, it’s paramount to acknowledge the inherent risks associated with trading. Always conduct thorough research, considering both fundamental market drivers and the broader macroeconomic landscape, in addition to your technical analysis. Implement sound risk management strategies to safeguard your capital. Disclaimer: This analysis provides a technical perspective on AAPL and should not be construed as investment advice. Tailor your trading decisions to your specific risk tolerance, informed by comprehensive market research and a holistic assessment of all relevant factors.
NASDAQ:AAPLLong
by tradingwithanthony
Buffett is just one step away from skyrocketing to the Moon 🚀Warren Buffett's Berkshire Hathaway just snapped up more Occidental Petroleum shares, pushing the legendary investor's stake in the oil company to just over 25%. Buffett's conglomerate purchased another 2.1 million shares of Occidental in the past week when the stock traded at $57.89, an amount worth $123 million in total, according to a recent Securities and Exchange Commission filing. Berkshire now owns 224 million shares of the oil producer worth $13 billion. That represents just over quarter of Occidental's entire value, with a total market cap of $52.56 billion. Buffett has been vocal about his bullishness on Occidental Petroleum, snapping up big chunks of the stock over the past year as oil and natural gas prices skyrocketed in the aftermath of Russia - Ukraine tensions. And though Buffett has said he has no interest in taking over Occidental, Berkshire gained approval from regulators to potentially own up to 50% of the company last August. Energy prices, meanwhile, have eased from their highs last summer, but analysts have said prices are in for another surge later in the year, especially if China's economic reopening leads to a big upswing in oil demand. Moreover El Niño is here. Commodity prices could swing in turmoil.
NYSE:BRK.A
by Pandorra
2
APPLE My Opinion! BUY! My dear subscribers, My technical analysis for APPLE is below: The price is coiling around a solid key level - 182.48 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 186.65 My Stop Loss - 180.11 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
NASDAQ:AAPLLong
by AnabelSignals
1
AAPL Stock: Positive Divergence & Key SupportAAPL (Apple) stock continues to show positive divergence. On the daily chart, if there are no daily closings above the Kaufman Moving Average, the declines may persist. We observe that the orange line serves as a robust support area. If weekly closings occur above the upper band, we can suggest a return to the upward trend. However, if there are closings below the orange line in the 2-day period, a retracement may occur towards the middle band of the lower channel. WARNING: THIS ANALYSIS IS NOT INVESTMENT ADVICE. CONSIDER YOUR OWN RISK TOLERANCE AND FINANCIAL SITUATION BEFORE MAKING DECISIONS. FUTURE PERFORMANCE IS NOT GUARANTEED; THIS IS MERELY AN OPINION. INVEST PRUDENTLY AND CONDUCT THOROUGH RESEARCH.
NASDAQ:AAPL
by Can_EasyMoney_TR
The Endless Legal Saga: Apple Emerges VictoriousIn the latest chapter of a 14-year-long legal feud between tech giants, the U.S. Supreme Court has chosen not to intervene in VirnetX's bid to overturn a staggering $502.8 million jury verdict against Apple ( NASDAQ:AAPL ). The decision marks a significant victory for the Cupertino-based company, effectively putting an end to a protracted battle over internet-security patents. The dispute stems from allegations by VirnetX, a patent-licensing company based in Zephyr Cove, Nevada, that Apple's iPhones and iPads infringed upon its patents related to virtual private networks. Following years of litigation, a jury initially ruled in VirnetX's favor in 2020, awarding them the substantial sum. However, subsequent legal maneuvers, including challenges to the validity of VirnetX's patents by the U.S. Patent and Trademark Office, complicated the situation. Central to the case was the Patent Trial and Appeal Board's rejection of Apple's attempts to invalidate VirnetX's patents through the inter partes review (IPR) process. This rejection, based on procedural grounds, ultimately played a pivotal role in the Supreme Court's decision. The board's subsequent declaration of the patents as invalid, fueled by separate requests from hedge fund Mangrove Partners, further strengthened Apple's ( NASDAQ:AAPL ) position. VirnetX, in its appeal to the Supreme Court, argued that allowing these rulings to stand would encourage the "harassment" of patent owners and cited instances of misconduct in patent board cases. However, their arguments failed to sway the justices, who, along with the Biden administration representing the patent office, sided with Apple ( NASDAQ:AAPL ). The outcome underscores the complex interplay between intellectual property rights, legal procedures, and corporate interests in the technology sector. It also highlights the growing trend of lengthy and costly patent battles, with both sides investing substantial resources in pursuit of victory. For Apple ( NASDAQ:AAPL ), the Supreme Court's decision represents a significant legal triumph, safeguarding its position against patent infringement claims. Meanwhile, VirnetX's defeat underscores the challenges faced by patent-assertion entities in navigating the intricacies of the legal system. As the dust settles on this chapter of the saga, one thing remains clear: the intersection of technology and intellectual property will continue to be a battleground for companies seeking to protect their innovations and fend off legal challenges. In this case, Apple ( NASDAQ:AAPL ) emerges victorious, but the broader implications for patent law and innovation remain to be seen.
NASDAQ:AAPL
by DEXWireNews
#AAPL Threatening to break uptrend since start of yearApple is looking rather precarious in my opinion. This will be the 4th touch of the upsloping trendling which has kept support intact and allowed Apple to gradually move higher since the beginning of 2023. We also seem to be morphing in the shape of a flat top triangle which are known notoriously to break down. Apple has also held above its 200dma (green ma) but now seems to be losing that as well. Should we see a convincing close below this $181 level, then there is a strong possibility that the stock could fall as low as $164 which is the target of the flat top triangle breaking down..
NASDAQ:AAPLShort
by MarcoOlevano
AAPL to verse to upside trending ? LONGAAPL on the 60 minute chart is compared on the superimposed indicator on its own scale the RSI for a similar time frame. The chart shows that AAPL has sunk to its price level in the pre-earnings period two weeks ago. At present, price and RSI are running in parallel and RSI is a litle higher than price while on its own scale. Price is currently near to the running SMA 200. When I see either price or relative strenth move higher. I will be a buyer. I am looking for some green on the relative volume indicator to tip me off. I will be watching on a lower time frame of 15-30 minutes to get a clean entry pay off the spread and get into profits ASAP.
NASDAQ:AAPLLong
by AwesomeAvani