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AAPL

Analysis of Apple Inc. (AAPL) StockThis technical analysis will examine Apple Inc. (AAPL) stock, focusing on the inverted head and shoulders pattern identified several days ago. I'll discuss the stock's recent performance, the breakout from resistance around $156, and potential future scenarios based on current market conditions. Inverted Head and Shoulders Pattern The inverted head and shoulders pattern in this context is a bullish continuation pattern that signals a potential move to continue an uptrend. In my previous analysis, I highlighted the possibility that AAPL would break through the resistance level around $156, which has since occurred. Following the breakout, the stock experienced a pullback to the breakout zone, as predicted. Potential Scenarios Bounce to $166: If AAPL maintains its position above $156 and daily candles do not close below this level, there is potential for the stock to bounce up to the $166 area. This scenario would indicate a successful breakout, retest and a continuation of the bullish trend. Failed Breakout: If AAPL fails to hold above $156 and daily candles close below this level, it would signal a failed breakout. In this case, the stock could quickly move back to $145 and potentially lower. Market Dependency The future performance of AAPL will largely depend on the overall market and its influence on the S&P 500 Index (SPX), as AAPL is a significant component of the index. The stock's ability to push higher or experience a bearish rejection will be influenced by broader market trends. The recent breakout of AAPL above the $156 resistance level and subsequent pullback to the breakout zone align with my previous analysis. The stock's future performance will be influenced by its ability to maintain its position above $156 and broader market conditions. Traders should closely monitor market developments and be prepared to adjust their strategies based on new information, keeping in mind the potential scenarios outlined above.
NASDAQ:AAPL
by bitdoctor
Is Now the Time to Buy Apple Stock?Like many other companies, Apple has experienced fluctuations in its stock value over the past few years. The COVID-19 pandemic led to a surge in technology stocks as people began investing in home offices and entertainment, causing Apple's stock to reach a record high of $180.68 in January 2022. However, macroeconomic issues have since caused consumer spending to slow, leading to a decline in many technology companies' stocks. In 2021, Apple's stock fell by 26.8%. While it has since risen by 22%, it remains 13% below its January 2022 peak. Despite this, now is an excellent time to invest in Apple's stock after its decline from its all-time high. In the fiscal year 2022, Apple's iPhone accounted for 52% of its revenue, earning $205.5 billion, a 7% increase year-over-year. Apple's stock fell by 15% from October 2022 to January 2023 after concerns arose regarding COVID-19 restrictions in China, where 70% of all iPhones are produced. However, Apple has made several moves to strengthen its iPhone business, including plans to move production out of China and focus on India. Apple has also indicated that it plans to maximize iPhone profits by producing more of its components in-house rather than partnering with companies such as Samsung and LG. Apple is expected to begin using its own displays, WiFi, and Bluetooth chips in the iPhone, providing significant cost savings. While Apple is a diversified company, the iPhone is its main revenue generator. As a result, the company's efforts to strengthen its iPhone segment are crucial for its long-term success. Apple has also expanded its digital services business, which accounted for $78.1 billion in revenue in fiscal 2022, a 14% year-over-year increase. This is double the growth of the iPhone segment, and services have a significantly higher profit margin than products. Apple's services are well-positioned for growth, particularly as the global music streaming market is projected to grow at an average annual rate of 14.7% through 2030. Apple's services are optimized for use with its products, particularly the iPhone, which has a significant market share. As a result, the company's services are expected to provide substantial growth for years to come. Apple's stock may be down 13% from its all-time high, but its future remains bright. The company's improved iPhone business and promising growth in digital services make it an attractive investment option. Apple's forward price-to-earnings ratio has dropped 15% over the past year, making it a compelling buy at present.
NASDAQ:AAPLLong
by FOREXN1
18
AAPL D1 UPDATE ( TECHNICAL )For more updates, please follow my TradingView page, and if you find the content useful, kindly hit the "thumbs up" button to show your support. If you have any queries regarding trading, please feel free to send me a direct message on TradingView. Additionally, please share this content with your friends who may find it beneficial. Please note that any trading updates provided here are for educational purposes only, and it is always advisable to conduct your own research before making any investment decisions. It is important to ensure that all conditions are met before following any trade plan suggested in this update.
NASDAQ:AAPLLong
by traderchamp_
2
$AAPL: Low risk trend signalThere's a nice trend signal in $AAPL here, every single one of these has worked historically, pretty decent odds it can rally substantially from here. Additionally, what does this say for the broad market if many stocks have such long term signals indicating strong upside coming in the near term? (it seems people are sidelined, in money market funds, we seem to have shaken everyone out recently, seems promising!) Best of luck! Cheers, Ivan Labrie.
NASDAQ:AAPLLong
by IvanLabrie
Apple -> Attacking The All-Time-HighsHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Apple stock is currently breaking above a major previous weekly resistance area which we had at $153. In my last analysis, linked below, I explained all the reasons for which I do expect a breakout, now I am just waiting for a retest of this previous resistance which is now turned support and then from there I do expect more continuation towards the upside. On the daily timeframe you can also see the beautiful breakout above the resistance, I am now just waiting for a retest and bullish confirmation before the next impulse towards the upside is very likely to happen. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NASDAQ:AAPLLong
by basictradingtv
52
#AAPL Trading plan!Hello friends! In this idea, I describe the reasons based on which I consider trading in one direction or another. Resistance level - reversal; There is energy accumulation before the level for breakout; The stock looks better than the S&P500; Yesterday's close below the level (a good signal); Parabolic energy accumulation before the level. The stock looks very good, on the chart we have a two-month parabolic accumulation. If we analyze only the chart, the stock looks like it has potential for medium-term growth upwards. But let's not forget about the news from the Federal Reserve System (Fed) on March 22, 2023, where they will discuss further plans regarding the interest rate. So, if the price opens below the level of $153.35, I plan to buy on the breakout of this level. If the price opens above the level, then I plan to buy on the price pullback to the level of $153.35. I will describe 4 targets in case of good execution of my plan, where I will close the deal. Target №1: $160.00 Target №2: $163.00 Target №3: $170.00 Target №4: $176.00 Despite all the targets, at any moment if I do not like the market, the trade will be closed. Be careful, the market is very unstable right now, enter only from strong levels and with stops!!! Wishing everyone profits!
NASDAQ:AAPLLong
by VS_trading
AAPL/MFST Key Resistance for $QQQ. XLF Houly Bullflag, 25BPS- 7.5% move on QQQ/NASDAQ in 4 days. AAPL and MSFT now hitting key resistance, will be watching to see if it can break above or not for QQQ to continue. - likely a slight pullback hourly consolidation for QQQ before attempting another leg up. - after ECB hiked 0.5% this morning our rate hike of 25Bps increased to 80% chance this morning. - XLF hourly bullflag still possible need to see bulls show up and hold above 0.382 fib - as long as hourly trend is intact for the bulls on QQQ / SPY / SPX there is no red flag at all for the bulls.
AMEX:XLFLong
by ArcadiaTrading
AAPL's Inverted Head and Shoulders: Breakout? Laugh? Caution?Our good friend, Tommy, has been closely watching Apple Inc. (AAPL) with his hawk-like vision and a pinch of dry humor. He recently spotted an interesting technical pattern on the stock chart: an inverted head and shoulders. Tommy believes that if this pattern confirms a breakout, AAPL could rise to $168 before experiencing a more significant downward move closer to $120. Let's dive into the details and explore the importance of the $156-$157 level, while keeping in mind that a healthy dose of humor can't hurt. Inverted Head and Shoulders: A Classic, But Not a Cliché Tommy, ever the keen observer, has identified an inverted head and shoulders pattern on AAPL's chart. This pattern, like a good dad joke, is well-known and well-worn but can still pack a punch. The formation suggests a potential bullish continuation, and if it confirms a breakout, AAPL could be on the verge of making an upward move. The $156-$157 Level: No Laughing Matter As much as Tommy loves a good chuckle, he's adamant that the importance of the $156-$157 level is no laughing matter. This critical level acts as a linchpin for the inverted head and shoulders pattern. If AAPL manages to break above this level, it could propel the stock towards the $168 target, validating Tommy's keen observations. However, Tommy wants to make sure everyone understands the gravity of the situation. If the $156-$157 level fails to hold, it would be like the punchline of a joke falling flat. In this case, AAPL could face significant downside risk, possibly sending the stock spiraling towards the $120 level. Conclusion: Brace for Impact, but Don't Forget to Laugh In conclusion, Tommy's analysis of AAPL's inverted head and shoulders pattern could prove to be a critical insight for traders and investors alike. If the breakout confirms and AAPL surpasses the $156-$157 level, we could see a short-term rally towards $168 before a more significant decline. However, if this crucial level fails, the stock could plummet, and the joke will be on anyone caught off guard. As always, it's essential to approach the market with caution, and proper risk management techniques should never be taken lightly. Remember, while a bit of dry humor can lighten the mood, never underestimate the importance of critical price levels and the potential impact they can have on the market.
NASDAQ:AAPL
by bitdoctor
Apple -> All Eyes On The BreakoutHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Apple stock is once again retesting the quite strong resistance area exactly at $156. You can also see that this is already the fourth retest from a weekly perspective and the more often we actually retest a zone, the higher the likelihood that we will eventually break it, so from a weekly timeframe I am now just waiting for a breakout above the resistance and a retest and then definitely the continuation towards the upside. On the daily timeframe you can also see that Bulls are always trying to push Apple stock above the resistance, I think that we are definitely ready for a breakout with my next upside target being at $165. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NASDAQ:AAPLLong
by basictradingtv
31