Part 2 Big 6 Tech stocks | QQQ Sp500 Detail Price Trend Analysis- QQQ and SPY shaping up that 4h head and shoulders pattern
- NVDA bear break of that rising wedge
- TSLA looking like a blow off top now
- AAPL strongest tech stock chart still looks perfect intact 2D EMA 12 full bull control
- AMZN still chopping within its zone starting to weaken
- GOOGL formed its first daily downtrend
- MSFT starting to weaken too
AAPL
Part 1 Big 6 Tech stocks | QQQ Sp500 Detail Price Trend Analysis- QQQ and SPY shaping up that 4h head and shoulders pattern
- NVDA bear break of that rising wedge
- TSLA looking like a blow off top now
- AAPL strongest tech stock chart still looks perfect intact 2D EMA 12 full bull control
- AMZN still chopping within its zone starting to weaken
- GOOGL formed its first daily downtrend
- MSFT starting to weaken too
Is AAPL About To Risk-off?So basically, I have been eying Apple for a while... and I noticed today that the pattern sinjce the market top in late 2021 appears to resemble an EXPANDING DIAGONAL which is a somewhat uncommon elliot wave chart pattern.
The rally from the lows in early 2023 also is clearly a zig-zag up into the resistance zone at the all-time-high.
There also appears to be pretty strong RSI divergence down from the 2019 and 2020 highs.
So, if I am right, we have a 30% correction in NASDAQ:AAPL (and possibly stocks writ-large) about to arrive.
I am currently positioned to be market-neutral (with both longs and shorts in my portfolio), because I actually think directionality is unclear.
However, this does tie-in with what's happening on NFLX and certain other stocks.
So I think this could be the risk-off moment that people have been waiting for.
I am going to attempt to scale into a short here, and place my stop loss slightly above the all time highs.
I expect a 30% correction in the market. So this isn't a huge collapse (yet...) so don't get over-ambitious and manage your risk.
Healthy Pull Back or More Downside? QQQ SPY Big 6 Tech Analysis- QQQ & SPY potential bearish pattern H&S forming
- Still a very healthy consolidation pull back at the moment
- TSLA 4 hour time frame 12 EMA full bull control guide
- NVDA rising wedge pattern is my guide
- GOOGL daily downtrend potentially shaping up
- AMZN similar to GOOGL cant get out of its chop box zones rejected resistance again today
- MSFT starting to pull back enough that if next bounce is shallow might start to shape up more downside
- AAPL strongest of them still very shallow pullbacks and healthy at the moment, 12 EMA 2 day time frame absolute full bull control
#TradingViewPAY HOW TO EARN 💲💲 BY BECOME THE BEST AUTHOR ON TVGet rewarded for your ideas and scripts!
A month earlier, on the 20th of May, Tradingview introduced its new Rewards Program .
Sharing is powerful, right!? The TradingView community thrives on fantastic members who share their knowledge, experience, successes and sometimes even their failures. Interaction, open discussion and self-expression are the keys to understanding.
In the spirit of sharing, the TradingView team, believing it is fair that outstanding contributions are rewarded, has decided to thank their dedicated contributors. The TradingView Wizards program was recently launched to bring out the real wizards.
Inspired by this, TradingView has also launched a new pilot program that rewards authors whose ideas and scripts appear in the Editors' Choice section.
In the event that your idea or scenario becomes an Editors' Choice, your work will not only be featured to the entire TradingView community, but you will also receive a cool $100! If several of your publications are selected during the month, you will be charged for each. Learn more about the program and its terms and conditions in this Help Center article .
This pilot program is just the first step towards content monetization. TradingView promises to keep adding new ways to motivate great creators to enrich the community.
At the first stage, authors are rewarded for those ideas and scenarios that have become "Editor's Choice" in the international part of the TradingView community (only in English).
TradingView promises to tweak the features of the program and aspects of the program are subject to change as improvements are made to benefit our community!
I must confess on my own behalf that the TradingView Editors Team has A REALLY VERY GOOD TASTE. For all the time I spent on the TradingView website (that is almost eight years), I have become the author of more than 300 publications, and the best of them have rightfully become to an "Editors' Choice" column.
And so, just literally two months earlier, in April 2023, two of my publications became "Editor's Choice" again, in the international part of the TradingView community (in English).
The first one is 😀 SVB Crisis Is Over?! What S&P500 and VIX Are Talking About was dedicated to the US S&P500 index SP:SPX , while the market began to show the first signs that the Silicon Valley banking crisis was over. More details can be found on the publication page .
In the second publication - Occidental Petroleum Corp.: Bullish Bias. Continuation I've considered with technical aspects and opportunities of Value Investment Assets. Incl. NYSE:OXY - one of the legendary 92-year-old American investor Warren Buffett favorites, Occidental Petroleum corp.
More details can be found on the publication page .
While expressing many words of gratitude to the TradingView team, I must admit that the EP selection of mentioned above publications in April to the "Editor's Choice" was a pleasant surprise for me. As well as the launch of the #TradingViewPAY motivational Program a month later, the effect of which is extended to all the ideas and scenarios that have become "Editor's Choice" starting from the second quarter of 2023!
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Watch first, then share!
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Ninja Talks EP 18: The FOMO ParadoxThe FOMO Paradox: Fearlessly Embrace the Joy of Missing Out
In the vast realm of trading, where fortunes are made and lost, one peculiar phenomenon reigns supreme: FOMO, the Fear of Missing Out. It is a force that tempts even the most seasoned traders, whispering in their ears with alluring promises of quick gains and overnight success. But in this whimsical journey through the tradingverse, we shall embark on an intellectual escapade to unravel the paradoxical nature of FOMO, armed with humor, wisdom, and the power of restraint.
1. The FOMO Symphony: An Ode to Irrationality
Imagine, dear reader, a symphony hall filled with traders, each playing their instruments of irrationality. The violins of impulsive buying, the trumpets of chasing trends, and the drums of unchecked greed. Amidst this cacophony, the conductor whispers, "Fear not the fear of missing out, for it is but a deceptive melody, luring you into a dance of folly."
2. The 'Emo' of FOMO: Trading with Feelings
Ah, the emotional rollercoaster of FOMO, where rationality takes a backseat and the heart commands the trades. It's like being on a blind date with the market, where you're desperate for a connection, but all you end up with is a hefty loss and a broken heart. Remember, dear trader, emotions make for terrible trading partners. As Warren Buffett wisely said, "The stock market is a device for transferring money from the impatient to the patient."
3. FOMO and the Illusion of Predictability
In the enchanted land of trading, FOMO whispers sweet tales of predictable trends, promising riches to those who dare not miss out. But as the legendary trader Jesse Livermore declared, "The market is designed to fool most of the people most of the time." So, when FOMO comes knocking at your door, be ready to greet it with skepticism and a firm understanding that market movements are as predictable as a cat chasing its own tail.
4. The Wisdom of the Watchful Owl
Picture yourself as an owl perched high atop the trading tree, observing the market with unwavering focus. You know that succumbing to FOMO means flying blindly into the night, destined to collide with unforeseen risks. Instead, let patience be your wings, and knowledge be your guiding light. Remember the ancient proverb, "A wise trader is one who embraces the joy of missing out, for it is the gateway to disciplined decision-making."
5. The 'FauxMO' Rebellion: Making Fear Funny
Let us unleash our inner court jesters and laugh in the face of FOMO! Embrace the power of satire and humor to disarm the seductive allure of quick profits. Create your own FauxMO index, where the most overhyped assets are mockingly celebrated. Treat it as a reminder that while FOMO may be real, it's better to join the circus of laughter than the parade of losses.
As we bid adieu to the whimsical tradingverse, let us etch these words into our trading strategy: "Fearlessly embrace the joy of missing out, for it is in patience and restraint that true market mastery resides." Remember, dear trader, the market rewards those who approach it with intellect, discipline, and a hearty dose of humor. So, resist the siren call of FOMO and embark on your trading journey with confidence and a twinkle in your eye. Happy trading, and may the FOMO be with you... or rather, may it be far, far away!
Why Apple Stock Deserves a Prominent Place in Your PortfolioApple occupies a significant position in Berkshire Hathaway's investment portfolio, with an astounding value of $165 billion, making up 48% of the allocation as of March 31. Warren Buffett, the highly regarded investor known as the Oracle of Omaha, has expressed his belief that Apple stands apart from Berkshire Hathaway's other businesses. This positive sentiment aligns with Buffett's typical investment criteria, as Apple possesses many of the qualities he looks for in a company.
Drawing inspiration from one of the greatest minds in the stock market, investors can greatly enhance their portfolios. Here are three compelling reasons why considering an investment in Apple stock is worthwhile, despite its 39% increase in value this year.
While the iPhone continues to be a major contributor to Apple's revenue in the fiscal 2023 second quarter, accounting for 54% of it, the company has been actively expanding its services line in recent years. This segment has displayed impressive growth, with revenue reaching $13.3 billion in Q2 2020 and surging to $20.9 billion in the most recent fiscal quarter. Notably, the services segment is growing at a faster rate compared to Apple's products segment.
This shift towards services brings significant financial benefits for Apple. Services enjoy an impressive gross margin of 71%, surpassing the 37% gross margin associated with products. As services contribute a larger share of the company's revenue, they are poised to positively impact Apple's overall profitability.
Beyond the financial advantage, Apple's services segment plays a crucial role in fostering stronger customer loyalty. The renowned Apple ecosystem, which seamlessly integrates the company's hardware and software offerings, enhances the overall user experience. With over 2 billion active Apple devices worldwide, owners of these products have fewer reasons to switch to competing platforms. Apple's services, such as Music, Pay, and TV+, contribute to this loyalty by providing additional value and keeping users engaged within the Apple ecosystem.
Warren Buffett has often emphasized the significance of pricing power as an indicator of an exceptional company. According to him, a truly outstanding business can consistently raise prices with minimal impact on demand, without the need for extensive deliberation. Apple, holding a significant position in Berkshire Hathaway's portfolio, demonstrates an impressive ability to command pricing power, making it an attractive investment.
Apple's flagship product, the iPhone, has seen price increases since its initial launch in 2007. Remarkably, consumers continue to willingly pay higher prices for the latest versions without hesitation. This exemplifies the strong demand and brand loyalty associated with Apple's products.
Furthermore, even Apple's services have experienced price hikes, further reinforcing the company's pricing power. Through a combination of beautifully designed hardware products and its own user-friendly software ecosystem, Apple has established a differentiated offering, allowing it to maintain and strengthen its pricing power.
The ability of Apple to consistently raise prices across its product and service lines without significant repercussions on consumer demand is a testament to the company's enduring appeal and exceptional business model. It is one of the key reasons why Berkshire Hathaway maintains a sizable stake in Apple.
In a period characterized by heightened economic uncertainty, where concerns over inflation, rising interest rates, and the possibility of a recession loom large, it becomes prudent for investors to prioritize financially stable companies. Apple is a prime example of such a company.
Over the years, Apple has demonstrated impressive financial strength and stability. The company's gross margin has expanded from 38.5% in fiscal 2017 to 43.3% in fiscal 2022, while its operating margin has risen from 26.8% to 30.3% over the same period. This growth in profitability is a remarkable trait, showcasing Apple's ability to become more profitable as it continues to grow. This success can be attributed not only to its pricing power but also to the benefits of economies of scale. Apple has optimized expenses and leveraged fixed costs more effectively, which is particularly noteworthy in the consumer hardware industry where financial challenges are common. Yet, Apple has emerged as a thriving outlier.
Additionally, Apple generates substantial amounts of free cash flow, reaching an impressive $111 billion in fiscal 2022. The company is proactive in returning capital to shareholders, as evidenced by its stock repurchases amounting to $39 billion in the past six months. Moreover, Apple offers a dividend that currently yields 0.5%, further enhancing its appeal for income-oriented investors.
Considering these compelling factors, the arguments in favor of owning Apple stock are exceptionally strong. The company's solid financial performance and stability suggest that it has the potential to be a reliable and enduring presence in investment portfolios for years to come. By following the lead of successful investors like Warren Buffett and recognizing the enduring appeal of Apple's products, services, pricing power, and financial stability, investors can make informed decisions that can enhance their portfolios in the long run.
Detail Price Level Trend Guide | NVDA TSLA AAPL AMZN GOOGL MSFT- NVDA short term 15m time frame bull break lacking follow through then weaker compare to QQQ into end of day on Friday
- TSLA still relative stronger than QQQ gap filled 4h 12 EMA still full bull control guide
- AAPL zero red flags trading around ATH, 2 day time frame 12 EMA full bull control guide
- AMZN weaker of the big tech closed right at support into end of day potentially may break below it on Tuesday
- GOOGL weakest of the big tech, may form a daily downtrend if we break prior pivot 121 level
- MSFT similar to AAPL trading in ATH range, no red flags yet need to confirm hourly downtrend for bears, for bulls still in full control.
Correlation study: 10-year real interest rate vs. AAPL (1983 - )Apple share price (AAPL) plot above, inverted real rates (0-REAINTRATREARAT10Y) plot below + 1M 200ma, from 1983 to 2023.
Results:
-Strong inverse correlation with 10-year real interest rates and AAPL share price.
-Real rates < 2 % positively correlate with stronger AAPL returns.
-10-year real interest rates bounced from the 2 % level in September 2022 ... May 2023.
"‘John Bull’, says someone, ‘can stand a great deal, but he cannot stand two percent. . ."
- Walter Bagehot, 1852
6 Big Tech Stocks Price Action Trend Guide |Support & Resistance- QQQ and SPY still very healthy pull back on the daily chart. although QQQ is definitely extended, but still want to see bears prove it to us first in the price action (changing of trends)
- TSLA relative strength compare to QQQ filled its gap.
- AMZN and GOOGL weaker, still cant get over its side ways range.
- MSFT and AAPL trading in its ATH range no red flags at all on its charts yet
- NVDA small red flag break of yesterdays double top with no bulls follow through and came back into the range, still need structural changes on the daily chart for it to really have any meaning
- AMD daily downtrend confirmed today
APPLE Bullish Breakout! Buy!
Hello,Traders!
APPLE is trading in an
Uptrend and the stock
Broke the key horizontal
Level of 182$ made a
Pullback and retest and
Is now going up again
So I will be expecting
Bullish continuation
Buy!
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Check out other forecasts below too!
NVIDIA - A Scenario Few Are Considering. Few. Few. Few.NVIDIA's price action last week was a historic event in the markets, and at a very strange time. Whenever you see such an outlier, it's time to perk up and really give a deep think to what's going on in the world at large.
For me, I had long since anticipated NVIDIA would print a new ATH, but I did not believe it would do it until the markets at large had started to moon, which I stated in a March call, which turned out to be pretty accurate.
NVDIA - Expect Sideways Until Bear Puts Expire Worthless
The fact that a megacap could take out the November of 2021 highs before the Fed started hiking is extremely indicative of what's going on, namely that the indexes and the market at large are sure to follow.
I've heard some pretty good theories that NVIDIA being able to do what it's done has a lot to do with Chinese Communist Party entities running a "boomerang" through Cayman Islands-based proxies that are shuffling liquidity through big enterprises like the US banks located in Hong Kong.
NVIDIA also reportedly relies on Taiwan-based TSMC to make its processors, and right now, Taiwan is the springboard for the western globalist interests to attempt to take control of Mainland China when the CCP collapses in the upcoming future.
The Party has recently stated that the mainland is scheduled to get hit up by 60 million new cases ***per week*** of the nouveau variant of the Omicron version of the Wuhan-originating Coronavirus Disease, and yet the Communist Party is not reporting any hard figures on case counts and death through the global faucets, and has not since Xi dropped the Zero COVID social credit scheme in January.
And on top of that is the soon-to-be 24 year long persecution of Falun Dafa by Jiang Zemin and its Shanghai faction combining with the CCP itself, a persecution that targeted 100 million people and committed the unprecedented sin of live organ harvesting.
The sin of the persecution is so enormous that once brought into the public eye, no matter who you are in this world, you'll be brought down as retribution for evil.
So there's a lot to watch out for in geopolitical tensions, and a lot at play. The biggest thing right now is that the markets are set to pump to provide people with a new distraction as they try, once again, to get rich, and quick, instead of paying attention to what is important in life.
Everyone is now convinced that NVIDIA is unshortable, and some are even looking for a mild pullback to go long on the "parabolic trend line."
Frankly speaking, there's a lot of risk in buying ATHs when you're dealing with something governed by a clever MM, and if the Q2 ER scam doesn't convince you that NVIDIA's MM is clever, "Sorry, I don't have time to explain it to you."
In making this call, I would like to say that NVIDIA going parabolic is pretty likely.
I'd also like to say that some formation like this, which we saw on Sun Microsystems in the Dotcom bubble, is also pretty likely:
If the Sun fractal is valid, then this call is invalid. How it would play out is kind of like what Boeing did in 2018-19:
Or what BTC CME Futures has already done
Meaning that shorting will remain extremely risky, but going long won't necessarily have any opportunities to meaningfully pay.
However, if the MMS are intending to conduct a turtle soup into a three drives/three Indians pattern, you do actually have the opportunity to Shortgod the top, get long at the bottom, and collect an even bigger trade.
What this would involve is that starting in June NVDIA begins to retrace, and if it were to be so, it would likely retrace with a consistency that is as good as selling volatility has been in the last 9 months.
It would refill the May gap completely, and rebalance the unbalanced March gap, which coincides with the recent market structure's range equilibrium at $250 and the week of April 24's pivot.
Many have said that the debt ceiling crisis being resolved by the Federal government often results in a stock market crash since the market has to absorb all the new TBonds that the Treasury has to issue to keep the government afloat.
If you couple that with how the market didn't go down at all during the debt ceiling crisis itself, a bear impulse appears more and more likely.
If it were to do this, NVIDIA would also never print a $1 trillion market capitalization despite being so close.
NVDIA likely would quickly bounce at this point and then the target would be one standard deviation above the May high, coming in at $540, which would also take the psychological $500 level.
Doing this will encourage and trap bears all the way down, and then slaughter bulls over $500. Doing this will slaughter the bulls that have already bought the top, and at present, the bears have literally all been killed.
Projected time frame for this to happen would be something like a September bottom and the top would come in the middle of '24 with the next U.S. Presidential Election on the horizon.
Of course, that assumes that the world remains in good enough shape to be stable in any way a year from now.
I do not have conviction that this will be the case it will play out, but I wanted to post this theory because the timing, logic, and price action all support it strongly, and it's the one scenario that nobody is considering, which also happens to generate a lot of alpha if you can get on top of it.
NVDA TSLA AMZN GOOG MSFT AAPL QQQ Sp500 Detail Price Level Guide- NVDA ATH in price discovery mode
- TSLA relative weaker than QQQ today potentially need some consolidation for the bulls after a fast move.
- GOOGL weakest of all Tech still in range for potentially daily bearflag
- MSFT AAPL testing 52 week high resistance
- QQQ zero signs of bear still, need AT LEAST an hourly downtrend for anything to happen
- SPY weaker than QQQ today but zero red flags still at the moment same thing n
I'm not that techno-optimistic. I tend to share the view that the tech sector at SPX is pulling the whole S&P company's along with it in many ways.
Consideration of the whole SPX for a while loses its meaning, separation is necessary.
Let's group a few big horses together and see what's out there.
Okay:
NASDAQ:AAPL*NASDAQ:NVDA*NASDAQ:GOOGL*NASDAQ:MSFT*NASDAQ:META
could be more, but I think that would be quite telling.
Oh my God, Carl...
99.2%
The last time this overbought was in 2019.
And you think these guys will go even higher without a correction?
Sp500 QQQ|TSLA NVDA AAPL AMZN GOOGL MSFT Price level Trend Guide- PPI and FOMC meeting tomorrow
- SPY & QQQ hourly time tightening range, will break tomorrow
-TSLA still full bull control 4h 12 EMA
- NVDA falling wedge bull break
- AAPL likely testing ATH again, 2D ema 12 full bull control
- AMZN daily bull break lacking some follow through
- GOOGL weakest of the big techs still only retrace 50% of last weeks pull back
- MSFT likely re-test of 52 high double top
TSLA NVDA AAPL AMZN GOOGL MSFT|Sp500 QQQ Price Level Trend Guide- CPI Data 830am EST tomorrow
- FOMC & PPI Wednesday
- TSLA side ways tightening range will break tomorrow, 4h 12 EMA full bull control guide
- NVDA bull break from falling wedge
- AAPL likely testing all time high again soon
- AMZN retracing almost all of its drop likely testing its recent high
- GOOGL weakest of the big tech still potential forming a daily downtrend
- MSFT in the middle still has potential to form that daily downtrend but QQQ needs to start its weekly consolidation
- SPY testing 0.65 golden pocket resistance
- QQQ gap filled looking for weekly consolidation soon
Apple -> Make It Or Break ItHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Apple stock is still retesting the previous all-time-high which is roughly at the $185 area and which is still acting as resistance.
You can also see that weekly market structure is still bullish, however Apple stock is a little bit overextended towards the upside after the recent 50% which was created over the past couple of weeks, so I do expect some short term rejection but then the longer term continuation towards the upside.
On the daily timeframe you can see that Apple stock is again approaching the previous reversal area at the $185 level from which we already had a harsh rejection towards the downside, but Apple stock might also be able to create a new all-time-high, so I am now just waiting for a clear direction and then I will upload another analysis for you.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
TSLA NVDA AAPL GOOGL AMZN MSFT | Detail Price Levels Trend Guide- TSLA bulls 4 hour time frame 12 EMA full bull control, Bears need to form a hourly downtrend as first step
- NVDA bull break lacking follow through, bears still need to confirm that hourly downtrend as well
- AAPL holding 2 day time frame EMA 12 full bull control
- GOOGL MSFT AMZN - potentially shaping up a daily downtrend
Apple Vision Pro Product Will Add Value To AAPL Stock
I wanted to share some exciting news about Apple’s latest Apple Vision Pro product.
This new device boasts some seriously impressive specs, including a high-resolution display and a powerful processor. But what sets it apart is its unique way of interacting with virtual reality. Instead of relying on clunky controllers, the Apple Vision Pro uses advanced eye-tracking technology to allow for a more natural and intuitive experience.
This could be a game-changer for the VR industry, which has struggled to gain widespread adoption due to its high cost and complex setup. With the Apple Vision Pro, we could see a new wave of interest and excitement in VR, which could translate into big profits for investors.
So, I encourage you to consider investing in Apple long-term. With their track record of innovation and success, I believe they have the potential to revolutionize the VR industry and bring it into the mainstream.
Thank you for your time and consideration. Have a wonderful day! Please let me your thoughts via a comment.
TSLA GOOGL AMZN NVDA AAPL MSFT |Sp500 QQQ Detail Market Analysis- TSLA extended to resistance, but still full bull control on 4h 12 EMA
- GOOGL MSFT AMZN potentially shaping up a daily downtrend
- AAPL strongest of big techs holding up still 2Day EMA 12 bull control guide
- Sp500 held support that was prior resistance
- QQQ 5th reject from golden pocket zone if big techs confirm daily downtrend QQQ wont be able to hold