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AAPL

Apple's Share Price and AI Potential Attract Hedge Funds Hedge funds are circling Apple like sharks in feeding frenzy, according to a recent report by Bloomberg. This newfound interest stems from a confluence of factors: a recent slump in Apple's share price and the company's anticipated foray into artificial intelligence (AI) for its flagship iPhones. A Discount Apple: Value in Slumping Shares Apple's stock price has dipped by roughly 13% so far in 2024, lagging behind the broader market. This decline has made the company's valuation more attractive to hedge funds, who are constantly seeking strategic buying opportunities. JPMorgan Chase analysts point out that Apple's current valuation, hovering around 24 times its forward earnings, is lower compared to its tech megacap peers like Microsoft. It's even slightly below the tech-heavy Nasdaq 100 benchmark. This relative discount has piqued the interest of value-oriented hedge funds searching for undervalued stocks with strong growth potential. AI: The Next Frontier for iPhones? Hedge funds are not just enticed by the discounted share price; they're also excited about the potential for AI integration within Apple's iPhones. The anticipation of significant AI upgrades to future iPhones is seen as a major growth driver. While details remain under wraps, analysts speculate that Apple might be planning to incorporate advanced AI features into its iPhones, potentially revolutionizing user experience and functionality. This strategic shift aligns with the broader trend of tech giants embracing AI to enhance their products and services. Navigating Headwinds: Challenges Remain Despite the recent surge in hedge fund interest, Apple isn't without its challenges. The ongoing global chip shortage continues to disrupt supply chains, potentially impacting production and shipment timelines for new iPhones. Additionally, the economic slowdown in China, a crucial market for Apple, could dampen overall demand for its products. A Strategic Entry Point: Betting on Apple's Future JPMorgan analysts see the current headwinds as a strategic entry point for hedge funds. They believe these challenges are temporary and that Apple is well-positioned for long-term growth, especially with its anticipated AI advancements. Hedge funds are likely betting on Apple's ability to innovate and maintain its market dominance within the premium smartphone segment. The success of AI integration within iPhones could be a game-changer, propelling Apple's share price significantly higher. The Bottom Line: A Calculated Gamble The influx of hedge fund interest underscores Apple's enduring appeal as a potentially undervalued tech giant. While the short-term outlook might be clouded by economic uncertainties and supply chain disruptions, the long-term prospects appear promising, fueled by the company's commitment to AI development. However, investors, including hedge funds, should carefully consider the inherent risks before dipping their toes into the Apple stock pool. The success of Apple's AI endeavors will ultimately determine whether this surge in hedge fund interest translates into a sustained rise in the company's share price.
NASDAQ:AAPLLong
by bryandowningqln
AAPL Apple WAIT to BUYAAPL Apple WAIT to BUY If you look at Weekly TF: there is still room for downside There is a good support at 170$, however, one should not give any money to market by jumping the gun. Any trade should be initiated only at support OR when price breaks the TL in the direction of our trade. Better way to initiate a BUY entry would be, when price breaks above the Red Sloping TL and closes above it, Then a BUY entry can be initiated. If a BUY entry is initiated, then 1st Target would be 180, 2nd Target would be 195 For stop loss (Partial exit ) when price breaks below the Red Sloping TL and complete exit when Green HOrizontal Support TL at 170 gets breached.
NASDAQ:AAPL
by Lnsprem
Apple Revolutionizes Mac Line with AI-Focused M4 Chips: 🍏💻In a bid to revolutionize its computer lineup and bolster artificial intelligence (AI) capabilities, Apple Inc. ( NASDAQ:AAPL ) is set to unveil a new family of in-house processors, the M4 chips. The move comes as a response to sluggish computer sales and a growing need to integrate advanced technologies into its products. The M4 chips, slated to succeed the M3 processors released just five months ago, represent a significant leap forward in Apple's AI strategy. With plans to integrate AI capabilities into every Mac model, Apple ( NASDAQ:AAPL ) is poised to redefine the boundaries of innovation in the tech industry. The new chips, which will come in at least three main varieties, are designed to enhance efficiency, safety, and delivery speed for consumers. With names like Donan, Brava, and Hidra, these chips promise to deliver unparalleled performance and seamless integration with Apple's ecosystem. The timing of the rollout couldn't be more critical, as Mac sales witnessed a decline of 27% in the last fiscal year. By infusing its Mac lineup with cutting-edge AI technology, Apple aims to breathe new life into its computer business and regain its competitive edge in the market. But the implications of Apple's AI-focused M4 chips extend far beyond the realm of computer sales. With the potential to transform industries and reshape the future of work, these chips herald a new era of innovation and possibility. As Apple ( NASDAQ:AAPL ) gears up to release the updated computers beginning late this year and extending into early next year, the tech world eagerly anticipates the unveiling of these groundbreaking devices. With promises of sustainable earnings growth and enhanced user experiences, Apple's M4-powered Macs are poised to set new standards of excellence in the industry. In a landscape where AI is increasingly becoming ubiquitous, Apple's bold move to overhaul its entire Mac line with AI-focused M4 chips is a testament to its commitment to pushing the boundaries of innovation and shaping the future of technology. As the tech giant continues its journey towards greater integration of AI into its products, the possibilities are limitless. With the M4 chips at the helm, Apple is paving the way for a future where AI-powered devices revolutionize the way we work, play, and connect. Technical Outlook Apple Inc. ( NASDAQ:AAPL ) stock is up by 4.33% trading within the moderate buy zone with a Relative Strength Index (RSI) of 54.72 indicating further room for growth. The 4-month price chart candlestick shows a bullish Harami candle stick pattern which further validates the bullish analysis of the thesis.
NASDAQ:AAPLLong
by DEXWireNews
APPLE $AAPL - Mar. 9th, 2024APPLE NASDAQ:AAPL - Mar. 9th, 2024 BUY/LONG ZONE (GREEN): $174.25 - $187.15 DO NOT TRADE/DNT ZONE (WHITE): $168.15 - $174.25 SELL/SHORT ZONE (RED): $155.65 - $168.15 (or extended from previous post, $175.40 - $181.50) Weekly: Bearish Daily: Bearish 4H: Bearish NASDAQ:AAPL price completely smashed through the bearish zone. Here are the updated zones I would be looking at when entering trades. Extended hours are displayed on the 4h to show how price moved towards the bottom and throughout the bearish zone, price went strongly through the bottom level and with no reversal insight shorts should have continued, at least partially. As a trend trader I am open to going in either direction, however; I would not consider going long until at the very least there is a close above the $174.25 level, but even then the weekly timeframe will not have enough time to label it as bullish. I labeled the start of the bearish trend and some quick thoughts as I glanced at the charts, previous post will be linked with this one. This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas. ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
NASDAQ:AAPLShort
by TonyAiello
[AAPL] Apple downside now ?Apple Inc. (AAPL) has recently undergone a significant development as it broke a crucial support level around $180.0. This breach occurred following the formation of a double top pattern on a long timeframe, signaling a notable shift in market sentiment. The current price action shows a slight pullback around the $177.8 level, indicating potential rejection of the price at this level. However, it's important to note that this particular entry point may not be optimal for establishing new positions due to the inherent uncertainty and risk associated with the recent breakdown of support. Given the less-than-ideal nature of this entry, risk management becomes paramount. Consequently, any positions initiated at this stage should be kept at minimal size to mitigate potential losses. Moreover, a strategy of being prepared to exit swiftly is advisable, especially if the price fails to gain momentum or starts to exhibit further weakness. It's crucial to remain vigilant and closely monitor price movements, particularly around the $177.8 level. Should the price dynamics change, and $177.8 begins to play a significant role again, there may be an opportunity for re-entry with a more favorable risk/reward profile. In summary, while the recent breakdown of support presents a notable development in AAPL's price action, caution is warranted in entering new positions at this juncture. Maintaining strict risk management protocols and readiness to adapt to changing market conditions will be essential for navigating the evolving landscape of AAPL's stock. Great Trade !
NASDAQ:AAPLShort
by ArnoSG
AAPL MIGHT BREAK THIS KEY LEVEL NEXTThe price has once again found its support on the highlighted key level where I believe the price will further continue to fall with a clean bearish breakout on the highlighted level. For this to happen, we are required to confirm a bearish breakout first before attempting to do any sell-off. Also on the bigger picture, the price has created a double top formation. The price breakout on the key level is expected to revisit the bottom support highlighted at $145 region.
NASDAQ:AAPLShort
by ChampsMoneyConcepts
Apple: Target Zone in Sight Apple is nearing our target zone, showing the weakness we wanted to see. Today, we've observed a 3% drop. We expect a few more percentage points to fall before reaching the target zone for Wave 2, which is between 50 and 78.6 percent. Looking at our 2-hour chart, we're now seeing the 5-wave structure we anticipated. This entire scenario would likely be incorrect if we exceed the invalidation line. However, we should continue to see this downward trend, ideally towards Wave (b), around $165.67. Then, we should form Wave (iv), followed by Wave (v), with our entry between $161.55 and $140.45. After this, we should continue with the overarching Wave (5), eventually completing it. If we get stopped out here we anticipate Apple to fall significantly lower as said in the past, but for now we hold this scenario.
NASDAQ:AAPLLong
by stromm
1
Confluence of Indicators Pointing Towards Imminent Trend Shift?Apple Inc. (AAPL) stock is currently showing mixed signals on the daily timeframe when assessed with the Ichimoku Kinko Hyo indicator. The price is trading below the cloud, indicating a bearish bias in the market. The conversion line (blue) is below the baseline (red), which often suggests that bearish momentum is present. However, the lagging span is above the price from 26 periods ago, which can sometimes indicate weakening bearish momentum or a potential reversal. The Fibonacci retracement drawn from the swing low at approximately $165.61 to the swing high at $182.61 reveals that AAPL recently bounced off the 61.8% retracement level at $172, which is commonly known as the 'golden ratio' and considered a critical support zone. This level often attracts buyers and can be seen as a potential turnaround point for the price. Volume patterns show some increased activity on down days, with a notable red volume bar indicating selling pressure. However, the lack of consistent high volume on the downtrends suggests that there may not be a strong conviction behind the sell-offs, which could lead to a potential stall or reversal in the downtrend. The RSI is currently hovering around the 41.60 mark, which is neither in the oversold nor overbought territory, indicating room for the stock to move in either direction. However, it is worth noting that the RSI has been rising recently, hinting at increasing bullish momentum and a potential shift in sentiment. In the short term, investors may look for a confirmation of a trend reversal if the price can close above the Ichimoku cloud with increasing volume. Additionally, a sustained RSI move above 50 could further validate bullish momentum. For now, the 61.8% Fibonacci level appears to be acting as a robust support, suggesting a cautious approach for both buyers and sellers until a clear directional bias is established. As always, traders should consider the latest news and market conditions before making any investment decisions and be mindful of potential risks involved. Traders may want to keep an eye on the $172 support level. A definitive break below could see further downside with the next level of interest at the 78.6% Fibonacci retracement near $168. Conversely, a rebound off this level with accompanying bullish indicators may present a buying opportunity, with initial resistance likely at the baseline of the Ichimoku cloud. This analysis is for informational purposes only and does not constitute investment advice. Always do your own research and consider your investment goals and risk tolerance before participating in the market.
NASDAQ:AAPL
by AxiomEx
✅STOCK REVIEW: $AAPL General explanation: - I have shorted the NASDAQ:AAPL yesterday - Textbook perfect short, stage 3 topping - It is forming a ledge and rolling over Beware: - AAPL can easily come back and be supported by institutions (e.g. move to the 200D SMA and still be shortable) Some nuances: - On the week of the 18MAR it couldnt even come to the 10WK MA and rolled over. My style: - Swing Style with holding periods of 4d to 1month. This is important in order to understand what I see.
NASDAQ:AAPLShort
by TintinTrading
AAPL: Time for PutsFirstly I'm a huge NASDAQ:AAPL fan when it comes to their products, however, I believe the time has come to buy some Put Options. Trend Analysis Utilizing the 1D chart, I found a double-top "M" pattern and at the time of this idea we are currently sitting a little under the second peak. The descent can be steep according to a macro-Fibonacci tool where the $125 share price rests around a 50% retracement level. Support at this level has been strong since May 2021. I used two micro-Fibonacci tools to identify areas of minor support during the descent. I believe the use of both is necessary as some traders will be using the uptrend retracement (green) and others will use the downtrend retracement (red). I believe that there is a good possibility for reversal at the 61.8% downtrend Fib retracement as this level has been a key area of support and resistance since August 2021; see image below. It goes without saying that by the time the share price reaches this level, the double top pattern will already be considered valid so it's my opinion that a catalyst in the form of bad news will be required to see further declines. Fundamental Analysis According to the Q3 Earnings Call (Annual Report), Apple has only utilized 17.67% of its $90 billion dollar share repurchase program authorized in May '23. According to a later footnote, Apple repurchased $76.6 billion of its shares during 2023 which leads me to believe there is either a mistake in the report or that most of the $76.6 billion satisfies an earlier repurchase program. On the 10K form, see bottom of page 18 - note 1 and bottom of page 20. Cash on-hand has increased by 27% since September 2022. Current ratio (current assets/current liabilities) is 0.99 which is concerning from a financial standpoint. However, this is an improvement from September 2022 when its current ratio was 0.88. Retained earnings, while still in a deficit, has improved by 93% since September 2022. These deficits were self-inflicted as Apple spent most of its net income on stock repurchases the last three years. Sentiments I didn't find anything that changed my opinion on the current market trend for Apple. While the company does appear to be improving it is still in a rough spot. The aggressive repurchasing of its own stock and placing itself into a deficit doesn't make sense to me as a long-term plan. I understand that companies will do this to raise their EPS and benefit their shareholders but it also says that the company doesn't plan on expanding in the foreseeable future.
NASDAQ:AAPLShort
by Shepherd_Investor
1
AAPL on a wide view continues SHORTAAPL on the weekly continues to fall from a double top put in at 195 in July 23 and this past January. China issues are looming with competition domestically within China, factory issues and the recession. The hart shows an established trend down seeking support at the Fibonacci level in blue. The predictive algo looking back an the regression line pattern forecasts a continued fall through the fib zone into the 125 area. Indicators are all consistent with the same. I have a deep respect for advanced mathematics and will comply with the forecast. AAPL is a short and the little retrace up is an opportunity to add to my positions.
NASDAQ:AAPLShort
by AwesomeAvani
2
APPLE Analysis - Continuous, Just as the Markets !This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators. * Trend is Based on TrapZone Color * Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves. * Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply & Demand -------------------- 1-16-2024 GREEN TrapZone with RED UMVD. Price sliding as US MSI also points to weakening in the market. Hold On to You Hats I Say :)
NASDAQ:AAPL
by SnowflakeTrader
2
Apple - Go Long NowHello Traders, welcome to today's analysis of Apple. -------- Explanation of my video analysis: In 2019 Apple prefectly retested the previous all time high and started creating a solid rising channel formation. As we are speaking Apple stock is once again retesting the lower support of the channel which is perfectly lining up with previous resistance now turned support. If we see bullish confirmation on the smaller timeframes, I am looking for new long setups on Apple. -------- I will only take a trade if all the rules of my strategy are satisfied. Let me know in the comment section below if you have any questions. Keep your long term vision.
NASDAQ:AAPL
by basictradingtv
7