AAPL
AAPL Apple Options Ahead of EarningsIf you haven`t bought AAPL ahead of the previous earnings:
Then analyzing the options chain and the chart patterns of AAPL Apple prior to the earnings report this week,
I would consider purchasing the 205usd strike price Calls with
an expiration date of 2024-12-20,
for a premium of approximately $13.45.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NVDA SHORT/PUT OPPORTUNITY ( JAN 28 UPDATE )Posted the short trade on NVDA on the 26th of January. NVDA has moved down 12$ since our post and we have not taken profits. Expecting a move down to 500 level the month of february
Stay tuned for more posts from us.
Check out our previous predictions. Our algos catch the markets before the move
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.
SPY SHORT ( UPDATE FROM JAN 24,2024 )**Hello all, Im here to add some insights to the trading view community. I run options and stock programs out of trading view which give intraday bull and bear probabilities and support and resistance levels based on options chain data
Looking at SPY, I see a Support level at 485 and the open interest difference between calls and puts are the highest there ( over 5000 ). Resistance at 487 and 488. Im looking to enter a short now with 490 SL.
Target is sub 480 if bears push it over
Based on my program which does seasonal analysis, SPY is bearish for the next 10 days. Feb month is where the big bear comes seasonally.
Ai forecast also looks bearish. Not a place to go long. We Trade algo is applied on the chart**
We posted the above idea initially on the 24th of january when SPY was close to 489 but the idea got hidden. The short/ put trade we entered at 488 level paid 80% and closed at 485 level.
Watching for another short opportunity. Out of all longs for now
KuCoin Revolutionizes Crypto Transactions with Apple Pay
In a groundbreaking move towards enhancing privacy and security in the crypto space, KuCoin, a leading cryptocurrency exchange, has announced the integration of Apple Pay into its revolutionary crypto debit card, KuCard. This strategic partnership aims to provide users with a safer and more private method of payment, aligning with Apple Pay's core principles of security and privacy.
The Shift Towards Enhanced Security:
The integration of Apple Pay on KuCard addresses the growing concern of crypto scams that have plagued the industry since 2022. With cybercriminals finding sophisticated ways to exploit individuals, the collaboration between KuCoin and Apple Pay seeks to mitigate risks by encrypting every transaction. This ensures that users can make contactless payments without the fear of sharing sensitive credit card information with third parties or falling victim to fraudulent activities.
Securing Transactions with Apple Pay:
KuCoin's decision to leverage Apple Pay emphasizes its commitment to customer safety. By utilizing Apple's advanced security features, every transaction made through KuCard is verified by a one-time, dynamic security code, coupled with Face ID, Touch ID, or the device passcode. This multi-layered approach provides users with unparalleled security, significantly reducing the likelihood of unauthorized access or fraudulent charges.
Streamlining the User Experience:
Beyond security enhancements, the integration with Apple Pay also streamlines the user experience for KuCoin customers. iPhone, iPad, and Mac users can enjoy quick and easy purchases through applications or Safari, eliminating the need for repetitive data entry. The removal of this friction not only enhances convenience but also aligns with the broader trend of simplifying transactions in the digital era.
A Response to the Rise of B2B Partnerships:
KuCoin's forward-thinking decision to integrate Apple Pay comes amidst a rising trend of business-to-business partnerships in the crypto markets. Major institutional players like Deloitte, Microsoft, and Goldman Sachs have been actively collaborating on innovative blockchain networks, marking a significant shift in the landscape of traditional finance.
Empowering Global Transactions:
The integration of Apple Pay on KuCard not only enhances security but also opens doors for global transactions. With businesses increasingly utilizing Bitcoin and other digital assets for operational and financial reasons, KuCoin's move enables users to make cross-border cryptocurrency payments with ease. This initiative is particularly advantageous for businesses operating in regions with restricted access to traditional banking, providing them with a powerful tool to expand into new markets.
Conclusion:
KuCoin's decision to integrate Apple Pay into KuCard is a testament to its commitment to user safety and a strategic move to stay ahead in the competitive crypto market. By combining the security features of Apple Pay with the convenience of KuCard, users can enjoy a seamless and secure payment experience. As the crypto industry continues to evolve, partnerships like these are pivotal in shaping the future of secure and accessible financial transactions.
APPLE Set To Grow! BUY!
My dear friends,
My technical analysis for APPLE is below:
The market is trading on 181.17 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 188.37
Recommended Stop Loss - 177.37
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
🍎Apple🍎 can Fall more than ➖9%↘️Apple started to reduce from the 🔴 Resistance zone($199.80_$196.40) 🔴 with the help of the Head and Shoulders Pattern , and creating a 🔵 Breakaway Gap($192.53_$188.44) 🔵helped the validity of the pattern and the momentum of Apple's decline.
🏃♂️Currently, Apple is moving in the 🟢 Support zone($182.95_$181.30) 🟢.
🔔I expect Apple to continue falling after filling the 🔵Common Gap($184.25_$183.09)🔵 and breaking all Moving Averages at least until the next 🟢 Support zone($168.20_$164.30) 🟢(9%). There is a possibility of forming a Double Top Pattern in Apple. If the 🟢 Support zone($168.20_$164.30) 🟢 breaks, we can expect more fall from Apple.
📚If you want to know about the types of Gaps , you can read the following article.👇
Apple ( AAPLUSD ) Analyze, Daily time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Apple's Triumph: A Decade-Long Reign for Samsung Comes to an End
In a significant market shake-up, Apple ( NASDAQ:AAPL ) has dethroned Samsung to claim the coveted title of the world's largest seller of smartphones. According to a recent report from the International Data Corp (IDC), Apple secured a remarkable 20% market share in 2023, marking the end of Samsung's 12-year dominance. This paradigm shift in the smartphone industry reflects a challenging year, where economic uncertainties and high inflation led consumers to prioritize more affordable handsets, impacting overall phone sales.
Market Dynamics and Challenges:
The global smartphone market faced headwinds in 2023, experiencing a 3.2% decline to 1.17 billion units—the lowest in a decade. Contributing factors included a slower-than-expected recovery in China, the largest smartphone market globally, as well as consumer hesitancy to upgrade their devices. Amidst these challenges, only two of the top five smartphone vendors managed to record sales growth—Apple and Transsion, the latter known for its Tecno, Infinix, and itel brands.
Apple's Ascendancy:
Apple's ascent to the top was underscored by a 3.7% increase in iPhone shipments, while Samsung faced a 13.6% decline in phone shipments. The Cupertino-based tech giant's success was attributed to its resilience in a tough market, with consumers opting for the iPhone even in the face of economic uncertainties. Apple's strategy of offering discounts, up to 5% on certain models, in the highly competitive Chinese market indicates a keen awareness of regional challenges and a proactive approach to maintaining its market position.
Challenges in the Chinese Market:
Despite Apple's global success, it faces renewed competition in China, primarily from resurgent players like Huawei and budget-friendly local brands. While Apple has managed to hold its ground by offering discounts, the intensifying competition suggests a need for the tech giant to navigate the complexities of the Chinese market carefully.
Samsung's Strategy and Setback:
Samsung's focus on the mid-to-high-end smartphone segment aimed at profitability may have contributed to its decline, particularly in the low-end segment. The company lost market share as consumers increasingly turned to more affordable alternatives, a trend that favored Apple's diverse product portfolio.
Conclusion:
Apple's triumph over Samsung marks a pivotal moment in the smartphone industry. The company's ability to weather market challenges and maintain growth, coupled with its strategic approach to regional complexities, positions it as a resilient player. As the smartphone landscape continues to evolve, Apple's success sets the stage for an intriguing competition with formidable rivals, emphasizing the importance of adaptability and consumer-centric strategies in an ever-changing market.
AMD?interesting chart. i have the AVWAP at the 52 week low showing confluence with the support trend line. after earnings and fed speak we broke out the channel. were coming close to geting above the 0.68 fib retrace from last high 132/133ish area.
were also tradin above the 200-100-50 moving averages
that can also be a giant bull flag and cup and handle and all those measured moves take you to key areas. idk if it gets there or when. but just a text book looking chart right now.
Diamond on $AAPL at an elliot wave inflexion point?Firstly, I believe that AAPL, much like SPX, is setting itself up for a Wave 4 correction.
A few points on this.
In principle, because my count includes a relatively simple zig-zag for SubW2, we should have something different such as I mention to comply with the principle of elliot wave alternation.
This could be a triangle pattern or a flat correction for instance.
We can see that there is a significant multi-year divergence in place and I believe this to be a possible confirmatory signal. In fact, it seems to me that AAPL never recovered it's RSI from the end of the tech bubble.
So, one of the divergences is 2 decades long.
The most important one however has been in place since 2020.
This is still significant.
RSI divergences are seen as confirmatory signals for the end of moves because Wave 5's are supposed to end with divergences.
That is, the final subwave 5 of a move should print a lower RSI reading than the subwave 3 on any given timeframe.
As you can see there are quite a few divergences in place on the 2W chart.
My view, although I have no short position yet, is that these divergences could be setting up an end to the bull-run for AAPL (at least until a recovery emerges) and interestingly, they coincide with readings on other stocks and indices.
If we zoom in down to daily we can see that there is a significant wedge pattern forming off the 2022 selloff alongside a nasty 7 year RSI divergence.
Drilling-down further displays a diamond pattern and an upside gap roughly at the level 192 and there is a clear RSI divergence that led to the recent selloff.
I think that even if you don't believe a multi-year bear market may be on the cards, that the weight of evidence definitely suggests that AAPL is going to risk off in the near future and implies caution more than anything else.
You can ask of course, what AAPL has to do to invalidate this outline.
Well, that's the problem.
Even if AAPL makes new highs, it would not necessarily violate every aspect of this outline because there are factors in-play on multiple timeframes.
That is to say, even if the diamond is invalidated (which would require new highs), it does not necessarily invalidate the broader long-term outline or any of the substantial divergences.
In fact if we look at the wedge on 4h, that does say that there is some room to grind higher (but the wedge does not specifically demand this to fulfil that part of the outline).
However... the time to discovering what actually happens is only a few months (I consider Spring to be real moment-of-truth).
So although there might be some upside to this (Say, to the 200 level) that does not necessarily invalidate any part of the outline, the actual time involved in that upside is not a particularly long timeframe.
So even if the diamond only leads to a short selloff (or is outright invalidated), and the price resumes it's bull trend then, the wedge suggests that this could only be for a few months.
And of course none of the invalidates the overall wave count or the significant divergences in place.
So even if the short-term bear outline is wrong, the longer-term one may not necessarily be.
That is why I consider this outline to be compelling and why, even if you aren't looking to short it, that it could be a poor long investment going forwards and if I was an AAPL holder (I haven't owned AAPL since about 2015), I would wait for it to clear-out these outlines before I was prepared to jump back in.
Apple - Watch The TrendlineHello Traders, welcome to today's analysis of Apple.
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Explanation of my video analysis:
Starting all the way back in 2010, Apple created its first major higher timeframe break and retest. For many years we saw the same pattern on Apple stock which was simply a trendline rejection and a horizontal break and retest. With the recent breakout and retest I do expect more continuation towards the upside away from the confluence level I mentioned in the video.
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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.
✨❄️🌟 The Tutorial How-To Find a Magic on TradingViewFinancial markets just finished its memorial 2023.
Whatever the numbers at the “Closing bell”, on your monitors and in your portfolios, there is no doubt that 2023 year’s Santa Rally will go down in history as one of the most outstanding in many years.
In November and December, 2023 the U.S. stock market was rallying for the 9th consecutive week in a row.
This was the longest ever upside streak in SP:SPX over the past 20 years, since the fourth quarter of 2003.
Well.. just try to answer what happened with the market the past one time.
Happy New 2024 Year!
✨❄️🌟🎅🎊🌲💫⛄️🌠✨❄️🌟🎅🎊🌲💫⛄️🌠
Friendly Reminder You Don't Own Enough Bitcoin.
The Dawn of the Final ETF Approval Week - Everything will change.
Bitcoin will obliterate Apple returns
Bitcoin will obliterate SPY returns
Bitcoin will obliterate Gold returns
Bitcoin will obliterate Silver Returns
Anything plugged into Bitcoin related or touching bitcoin will be rocket launched into an entire new global standard.
I have come to the conclusion that smart money will enter this first being convinced of a new turning of the way we will live life in the next century meaning they will move first.
At the $200,000 mark many will sell calling the top
(you will know they're wrong due to zero on chain data proving this top)
I suspect after $300,000 appears in a short period the first batch of doubters will start to enter the market.
After $600,000 is breached there will be motions moving and outrage to shut Bitcoin down calling it the next "2009" the next Mortgage backed securities"
(This will cause major short interest and major Puts following the consensus that this is a bubble and not a supply shock)
Reaching the $1,500,000 people short and call writers will be entering margin call territory.
Remember the hard critics of Bitcoin who will give in around the $1,500,000 - $2,500,000 mark over the next years, this will mark the start of the extended bear market.
So the question is do you own enough Bitcoin?
SHORT | AAPL NASDAQ:AAPL
TP1: 182.94$
TP2: 177$
EMA Lines: The price has recently crossed below both the EMA9 and EMA20, which are often used as short-term and medium-term trend indicators, respectively. This could be a bearish signal suggesting that the price may continue to decline.
Support Levels: There are target prices marked on the chart, with Target Price 1 at $181.42 and Target Price 2 at $177.57. These may represent technical support levels, where the price might find a floor and potentially bounce back if the downward trend continues.
Trend Lines: There's a long-term upward trend line that the price has not yet reached, which could act as a major support level in the future.
Bollinger Bands: The price is approaching the lower Bollinger Band, which sometimes is interpreted as the stock being oversold. Some traders might expect a rebound off this level, while others may wait for confirmation of a reversal.
Relative Strength Index (RSI): The RSI is below 40 and is heading towards the oversold territory, which is considered to be below 30. This suggests that there may be a potential for the stock to become oversold, indicating a possible buying opportunity if other conditions are favorable.
Price Action: The latest candles show a bearish trend with the price decreasing. The large red candlesticks indicate strong selling pressure.
All Eyes On Apple as it Tests 2021 HighsAll Eyes On Apple as it Tests 2021 Highs
Today Apple NASDAQ:AAPL is testing the following:
1. Dec 2021 Highs
(no sustained increase in value since then)
2. The 200 day moving average
3. The Diagonal Support Line
This means that in 24 months Apple has not made any significant or sustained gains. Apple needs to bounce here or it will lose three very important levels of support.
You can clearly see that we may have a short term double top too.
If we lose support here look to the 200 week moving average....
Lets see what happens
PUKA
Analysts Downgrade AAPL SharesAccording to Yahoo Finance, Barclays analysts downgraded AAPL shares to “underweight” and lowered their price forecast: they expect the share price to drop to USD 160 (although AAPL traded above USD 184 yesterday).
Analysts justified their decision by their expectations of a decrease in demand for new iPhone models. “Our checks remain negative on volumes and mix for iPhone 15, and we see no features or upgrades that are likely to make the iPhone 16 more compelling.”
The news caused AAPL's share price to fall 3.6% on Tuesday, its biggest one-day percentage drop since September, and the decline wiped out more than USD 107 billion in market value. Concerns are growing due to:
→ growing competition from companies such as Huawei Technologies Co;
→ strict measures by the Chinese government against foreign-made devices.
The graph shows that:
→ The price forms a downward channel, shown in red. We outlined the lower contour of this channel in the analysis of the AAPL share price on November 3. At the same time, we wrote about the emerging decline in sales of Apple products.
→ The price has formed an AB double top pattern. Moreover, the second peak is higher than the first, which forms a false bullish breakout - a threatening sign.
→ Comparing the performance of AAPL stock with the performance of the stock market index, we can see that the stock is actually underperforming the market in the second half of 2023.
Thus, there is reason to assume that if the price continues to develop within the contours indicated by the downward red channel, it will drop to the values predicted by Barclays analysts.
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.