AAPL Apple Options Ahead Of Earnings Last AAPL chart was pretty accurate:
Now looking at the AAPL Apple options chain ahead of earnings , I would buy the $140 strike price Puts with
2023-2-17 expiration date for about
$3.35 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
AAPL
Week of 1/30: AAPL Supply and Demand LevelsFor those trading AAPL this week, earnings are this Thursday.
I have supply at $146.60-$147.25, if we break above this zone I will look for a retest of this level to go long. I'm looking for $143.30-$144 to serve as our demand zone. Otherwise, there is a gap to fill to $141.87 on the 5m chart (not shown).
Left Chart Indicators:
15 minute
- 9 SMA: Yellow
- 200 SMA: Red
- VWAP: Blue
Right Chart Indicators:
1 hour
- 9 SMA: Yellow
- 50 SMA: Green
- VWAP: Blue
What happens next for AAPL?As you can clearly see on the chart, the AAPL price has been bouncing back-and-forth between 2 lines (“support” & “resistance”) dating all the way back to 1981!
However, with these 2 lines quickly approaching a point of convergence as the AAPL price approaches a new ATH, something’s gotta give.
And so I ask - what happens next?
Nasdaq NQ - Unpopular Opinion #2,118: 14,000 is ComingEverywhere I look I hear the narrative that we should be making new lows and everyone should be dumping because the Federal Reserve won't pivot and because the inflation keeps going up.
Yet, at the same time that they make that argument, they completely ignore what the Dow Jones did in October, which was no less than a 4,300 point rally forming an outside bar.
Dow has always been the weakest index. It fell farther during Coronavirus Disease 2019 hysteria. It rallied less during the greatest bull market of all time. It dumped more during this year's corrections.
Yet, the Nasdaq and the SPX have lagged it, and lagged it hard, during last month's 2022 Low of the Year recovery.
This should have any bull's interest piqued, and yet, because prices are low, they're not. People just want to get short. Everyone is telling you to look below October's low.
Sometimes I think to myself that people actually like buying high and selling low, if only because they're just very attached to "seeing" and "confirmation." Ordinary people all follow this idea that "I won't believe what I don't see" and are completely unwilling to exercise even a modicum faith.
It's fundamentally irrational.
Yet, if you never change this deficiency, you will never be able to leave the bottom of the Cosmos and the bottom of life. The whales will always eat you, for you will always be plankton.
As with all fractals, take a step back and look at the wider horizon. Nasdaq would have to fall another 10% from its October LOY to bounce off the pre-COVID highs, something which that pesky Dow already did in June.
Not only that, but Nasdaq left two really significant areas of low volume on its way down this year. One of those areas just happens to be right above the August bear market rally highs.
Taking a look at the weekly, we can see that for six straight weeks, Nasdaq trades under equilibrium for the total COVID-panic <--> all time high range.
When people who are trading billion dollar position sizes take a look at this phenomenon, they're looking to get long, but hedging short. Unlike retail, who wants to buy puts thinking that 6,000 will come on CPI Thursday.
On the daily, we can see that there's a lot of manipulation around this trendline superstition. "Meh June low trendline support has become resistance. This is going down!" is what every retail trader has been Pavlov's Dogged into believing and thinking.
Nasdaq tends to be the most wild of the indexes. If Nasdaq had have traded like the Dow just did, it would have traded to 13,000 points.
Assuming that SPX and Nasdaq follow in the footsteps of Dow in this bear market rally, and don't kid yourself, Friday's price action should indicate to you that we're going higher, not heading for new lows, Nasdaq is likely to be more insane than the Dow, and very likely to take out the August bear market high.
While all and all I believe you're looking at a pending 30% rally, from where we stand now, you have 1,000 points to gain being long just to take out the October equal highs. This is enough to formulate trades with and make some good money on without having to take on a lot of risk.
Specifically, some of the key (and not-so key) tech stocks are set up to go totally rocketship. At least in my opinion:
AMZN Amazon - Realistic Expectations In Both Doom and Gloom
&
META Facebook/Meta - Too Much Bear, Not Enough Bull
&
BBIG Vimco Ventures - A Classic Triangle Pump
Trade carefully. When the Chinese Communist Party falls, it will happen while the US equities market is closed. Indexes will gap down 20% and stocks will gap down 50%. There won't be a recovery because every single bank will be completely risk off.
Almost all of Wall Street has dirty hands providing financial "blood transfusions" to the most evil and murderous regime in all of human history, one which despite having killed many times more people than Hitler, and having perpetrated the organ harvesting persecution of Falun Gong practitioners, has not only remained in power for more than 100 years, but it and its Marxist-Leninism is supported by virtually every government and its people in the whole world.
A lot of people, institutions, governments, and companies will run for their lives the day that Xi Jinping throws the Party away like Gorbachev threw the USSR away, because the nature of having a closet full of skeletons is that once sunlight is cast upon those unprecedented sins, the game ends in Checkmate.
"What an ordinary person believes can happen and what is actually happening are always two totally different things." -Lord Wrymouth
$SPY Bearish WHourly interval, with the W-shaped Harmonic mapped. 0.786 is the short target, if it plays out as a Gartley. Once Spy moves up to this level (= 413.84), I make another post that is marked as a "SHORT." It could also tap the 0.886 (= 422.20), keep that in mind. And if it goes to the 1.618 for a crab, this will really get wild. Don't chase the long play. Don't try to catch the top and get caught offside either. QQQ and SPY will wait until the last short covers...
$MARA swing trade 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
This afternoon my team purchased shares of digital mining bitcoin company Marathon digital $MARA at $8.60 per share. Our take profit is $14. We also have an optional stop loss at $7.75
Our Entry: $8.60
Take Profit: $14
Stop Loss: $7.75
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Apple Analysis 24.01.2023Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Apple forming inverted head and shoulders?Apple - Short Term - We look to Buy at 135.18 (stop at 129.88)
Bespoke support is located at 134.40.
Levels below 135 continue to attract buyers.
Prices have reacted from 124.17.
A bullish reverse Head and Shoulders is forming.
We look for a temporary move lower.
This is currently an actively traded stock.
Our profit targets will be 148.88 and 150.88
Resistance: 145.00 / 150.00 / 155.00
Support: 140.00 / 138.00 / 134.40
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Apple | Fundamental AnalysisOver the past two decades, Apple has been one of the most valuable stocks on the market and during that time has become the most expensive company in the world. It has conquered the mobile computing era due to the success of the iPhone and supplemented its device business with a highly profitable ecosystem of services built around the App Store.
Like other stocks from the tech sector, however, Apple couldn't escape the 2022 market downturn, and the stock lost more than 25%.
Speaking about the prospects, investors are hoping for a rematch. But can Apple succeed? Let's take a look at what to expect from the iPhone maker in 2023 and whether the company can outperform the market.
In its latest earnings report for its fiscal Q4, Apple reported strong results. Revenue increased 8% to $90.1 billion, and earnings per share rose 4% to $1.29. Nevertheless, the company's management refused to give precise estimates amid the tension in the global economy.
For the key fiscal Q1, which is Apple's biggest of the year as it follows the release of its latest iPhone model, management declined to give earnings guidance because of uncertainty but said it expects revenue growth to slow compared to the September and December quarters. Management also projected a 10 percentage point currency windfall, although the dollar has decreased remarkably since it issued that forecast.
It's worth heeding CFO Luca Maestri's comment about the uncertainty. As a manufacturer of high-end consumer electronics, Apple is sensitive to the global economy, and a recession is likely to affect demand for its products. Consumers may delay upgrading to the latest iPhone model or switch to one of the cheaper models.
Apple was much smaller during the last recession in 2008-2009, but its growth slowed considerably, slowing from 35.3 percent in fiscal 2008 to 12.5 percent in fiscal 2009.
In a statement warning of the slowdown, the company did note that demand for the iPhone 14 was strong, a sign that the company may continue to grow during the year.
Apple usually keeps its product updates and releases secret, but this year there will be some big changes. As per Bloomberg, the company is expected to unveil a mixed reality headset later this year, possibly at the Worldwide Developers Conference in June, and it could be priced as high as $3,000.
Unlike all the new products the company has released in the past few years, this device has the potential to propel Apple if the meta-universe becomes popular. Given the company's leadership in consumer electronics, it looks to be a favorite in this area, despite the efforts of Meta Platforms, which is investing billions in Oculus and its VR technology.
Moving forward in its quest to develop more of its chips in-house, the company is also creating a new team to develop the wireless chips it previously bought from companies such as Broadcom and Skyworks. This project could take years to implement, but in the long run, it will likely save Apple on costs, differentiate its products and gain more control over its supply chain.
Right now, Apple stock is trading at a price-to-earnings ratio of 22, which is about as cheap as it has been since the pandemic began, and only slightly more expensive than the S&P 500.
Given the company's dominant brand, competitive advantages, including an installed base of about 2 billion devices, and a high-margin services business, there are many reasons why the stock should trade at a premium to the broad market index.
Whether Apple can outperform the market in 2023 will likely be defined by the overall economic state. If the global economy continues to slide into recession, Apple is likely to suffer, especially if its profits decline. The good news, however, is that analysts' expectations are low, with revenue and earnings-per-share growth expected to be in the single digits. If stocks can beat those forecasts, and if the economy shows signs of recovery, Apple has a good chance of outperforming the market this year. Over the long term, a broad economic moat and solid demand growth should support the company's growth and its ability to return cash to shareholders.
AAPL vs TSLAAAPL (Top)
TSLA (Bottom)
Tesla likely did what AAPL is about to do next this is what i was referring to in my post from last night.
I think it's more than likely something like this plays out this year.
This would also entail nearly the same orderly sort of sell off nearly percentage wise (Obviously mkt cap size will be different)
TSLA may be leading ahead as it's preparing to take over AAPL as the SPY leader 👀
AAPL (Apple Inc)/short term and longer term AnalyzeAfter the short leg that it had in the last week towards the supply areas in the range of $157, Apple shares were accompanied by heavy selling in several consecutive days. Yesterday, after the publication of the statement of the Federal Reserve and during Mr. Powell's speech, there was heavy selling pressure. The overall structure of the chart is currently bearish, and by confirming the head and shoulder chart pattern that is forming in the 4-hour time frame, we can set short-term, medium-term and long-term price targets for this stock, respectively, as we have specified. This analysis is not a trading recommendation at all and is only a personal opinion.
AAPL Testing Crucial ZoneHere we are looking at AAPL on the Daily TF…
In this chart, AAPL is testing a crucial zone as resistance, which acted as previous macro support dating back to September of 2020.
As you can see, there is also a downwards sloping resistance forming as well, which it’s testing as well.
In testing its previous macro support as newfound resistance (red) and local resistance (light blue) simultaneously, we can conclude that this test for AAPL is crucial in determining what comes next…
I will continue to develop this test of resistance as the chart develops, and update the idea once it breaks in either direction!
What do you think will happen?
Cheers!
Apple's Probabilities since 09-21 W/ RSI of RSI divergence 94% !94% Probability we shall go down between 35%- 4%
25% Zero days
35% 32 Days
4.37% 6 Days
13% Zero Days
20% 8 Days
5.55% Zero Days
9 % 23 Days
9% Zero Days
***23% bullish move
7% 7 Days
20% 10 Days
25% 3 Days
5.23% Zero days
12% Zero days
6% Zero days
26% Zero days
11% Zero days
12% Zero days
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