$AAPL top?The chart is looking like NASDAQ:AAPL has put in a top. If it breaks the structure (blue line), I think chances are $77 gets hit on the move down.
Let's see how it plays out over the next 6 months to a year.
AAPL
Apple -> Watch This Potential PatternHello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Apple 💪
Starting on the monthly timeframe you can see that after Apple broke out of the clear triangle formation in confluence with the bullish moving averages, Apple created a strong rally of 30% towards the upside, breaking major resistance.
The weekly timeframe on Apple is showing some overextension towards the upside and Apple hasn't retested the 0.236 fib level yet so we could indeed see a short term pullback now.
Apple could also created a solid double top on the daily timeframe and if Apple stock also breaks below the solid uptrend line we could certainly see a short term move lower to retest the previous all-time-high at the $180 level.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint 📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
APPLE Next stop 200 after a pull-backLast time we bought APPLE (AAPL) on the short-term was on June 05 (see chart below), after a technical pull-back, and easily hit our 190 target:
The stock has maintained the Channel Up since late March with the 1D MA50 (blue trend-line) in Support since January 25. Based on the 1D RSI, which has been within a Rectangle pattern while the stock is on the Channel Up, we are about to see a technical pull-back towards the Higher Lows (bottom) trend-line and then rebound for a Higher High. That is a short-term opportunity for buyers to target $200.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Is it Time to HEDGE? QQQ Sp500, 7 Mega Tech Analysis- Even though we are quite extended on QQQ, bears still have no confirmed a hourly downtrend in the last 7 trading days that will be the first thing I will be looking for.
- As of now continue to follow the trends
Apple (AAPL) Short Term Still Looking to End Wave 5 HigherShort term view in Apple (ticker: AAPL) suggests the rally from 3.29.2023 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 3.29.2023 low, wave 1 ended at 167 and pullback in wave 2 ended at 159.70. The stock resumed higher in wave 3 towards 195.27 as the 1 hour chart below shows. Down from there, wave 4 unfolded as a double three structure. Down from wave 3, wave (a) ended at 190.99 and wave (b) ended at 192.98. Wave (c) lower ended at 189.20 which completed wave ((w)). Rally in wave ((x)) ended at 192.67 with internal subdivision as a zigzag. Up from wave ((w)), wave (a) ended at 192.46, wave (b) ended at 190.24, and wave (c) higher ended at 192.67 which completed wave ((x)).
The stock resumed lower in wave ((y)). Down from wave ((x)), wave (a) ended at 187.04 and wave (b) ended at 189.96. Final leg wave (c) ended at 186.62 which completed wave ((y)) of 4 at the 100% – 161.8% Fibonacci extension area of wave ((w)). The stock has resumed higher in wave 5. Up from wave 4, wave ((i)) ended at 191.7 and pullback in wave ((ii)) ended at 188.47. Wave ((iii)) still remains in progress and should complete with 1 more push higher. Near term, as far as pivot at 186.62 low stays intact, expect pullback to find support in 3, 7, 11 swing and stock to extend higher.
AAPL rose sharply and broke throughAAPL rose sharply and broke through
This chart shows the weekly candle chart of Apple stock for the past 4 years. The graph overlays the bottom to top golden section at the beginning of 2020. As shown in the figure, after rebounding to a small peak in January 2022, Apple's stock broke out of the enlarged triangle consolidation pattern. After stepping back on the 0.809 level of the golden section in January this year, it rose sharply and broke through the highest point in 2022, reaching around the 1.618 level of the golden section in the figure! The next strong pressure level is at the golden section of 2.000 in the figure!
✅APPLE WILL GO UP|LONG🚀
✅APPLE is trading in a
Rising channel and after
The price retests the
Rising support I think that
The stock will go up
LONG🚀
✅Like and subscribe to never miss a new idea!✅
APPLE: Long Signal Explained
AAPL
- Classic trend-following setup
- Our team expects further growth
SUGGESTED TRADE:
Swing Trade
Buy AAPL
Entry - 190.72
Sl - 186.19
Tp - 197.13
Our Risk - 1%
Start protection of your profits from lower levels.
❤️Please, support our work with like & comment!❤️
Second target hit $19 - 46% Profit NASDAQ:MARA STOCK..
That was a great call, congratulations for those who entered per my published Idea..
Wait for more ..
Trader K,
APPLE Nice Strong Uptrend! Buy!
Hello,Traders!
APPLE is trading in an
Uptrend in a rising channel
And the price is retesting
The rising support so
It seems that the stock
Will keep growing!
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
Part 2 of All 7 Mega TECH stocks | QQQ Sp500 TREND GUIDE- I cant stress enough to follow the trend on these stocks, there will be a time to short when we see daily downtrend confirming
- FIRST STEP for bears is we need a hourly downtrend for anything to really happen
- As of now all mega tech are still healthy
Part 1 of All 7 Mega TECH stocks | QQQ Sp500 TREND GUIDE- I cant stress enough to follow the trend on these stocks, there will be a time to short when we see daily downtrend confirming
- FIRST STEP for bears is we need a hourly downtrend for anything to really happen
- As of now all mega tech are still healthy
AAPL Elliott Wave Analysis (13/07/2023)In the 1h, it looks like AAPL just finished a correction as a wave 4 and it might be ready for more upside. However, as long as we do not take out the wave 3 high, we can still do a double correction as a wave 4. After the correction (single or double), we expect more upside to finish a complete impulse structure in the 4h. From there, we can expect a bigger pullback.
Apple remains at the topApple's stocks are on a strong upward trend, with hidden targets along the way. By practicing capital management, you can achieve substantial profits from it."
Part 2 of 7 Mega Cap Tech | QQQ Sp500 & My YINN playsAs long as we have mega cap techs holding sideways and rest of the market breath catching up it is good for the bulls and we may continue to see grind up from the market overall.
- Very first step i want to see from the bears is an hourly downtrend for me to even pay attention to a short swing.
- entered YINN for lagger bull play.
Part 1 of 7 Mega Cap Tech | QQQ Sp500 & My YINN playsAs long as we have mega cap techs holding sideways and rest of the market breath catching up it is good for the bulls and we may continue to see grind up from the market overall.
- Very first step i want to see from the bears is an hourly downtrend for me to even pay attention to a short swing.
- entered YINN for lagger bull play.
AI Q Artificial Intelligence ETF under performs TSLA NVDA APPLIt doesn't take ChatGPT to realize that a big ETF like this is a certain laggard in comparison to the top 10 blue chips that make it up
Part 1of 7 Mega Tech Stocks AnalysisAlthough QQQ closed flat today, lots of mega cap tech stocks formed daily downtrends, such as AMZN GOOGL AAPL, so we have to be open to QQQ having a slightly more pullback in the next coming days but breath in the market is really good today so its a good sign for the bulls as money rotates around.
Part 2 of 7 Mega Tech Stocks AnalysisAlthough QQQ closed flat today, lots of mega cap tech stocks formed daily downtrends, such as AMZN GOOGL AAPL, so we have to be open to QQQ having a slightly more pullback in the next coming days but breath in the market is really good today so its a good sign for the bulls as money rotates around.
AAPL | InformativeNASDAQ:AAPL
Technical Analysis for AAPL:
If AAPL breaks above the bullish line of $192.67, it may indicate a bullish signal, suggesting potential upward price movement. In this scenario, the first target price (TP1) could be set at $194.48.
Conversely, if AAPL breaks below the bearish line of $189.20, it may suggest a bearish signal, implying potential downward price movement. In this case, the first target price (TP1) could be set at $185.89.
AAPLE May retrace back towards the resistance formedAAPL has recently experienced a breakout, surpassing a significant resistance level and reaching a new all-time high. It is anticipated that the price will retrace back to the previously broken resistance level in order to find support and attract additional buying pressure. This retracement will likely serve as an opportunity to accumulate more shares before the bullish trend continues.
Pt 2 of 7 Stock Market Turning Point? 7 MEGA tech QQQ Sp500lots of mega cap tech stocks & QQQ shaping up their Daily time frame lower highs pivots if we break Thursdays low many of them will form their first daily downtrend in a long time .
Pt 1 of 7 Stock Market Turning Point? 7 MEGA tech QQQ Sp500lots of mega cap tech stocks & QQQ shaping up their Daily time frame lower highs pivots if we break Thursdays low many of them will form their first daily downtrend in a long time .
