Aaple
AAPL And BTC Are Becoming CorrelatedAAPL has the largest USD cash balance of any company on earth and will be the biggest investor on record in dollar terms in BTC
After BTC crashed to 29k, the signal that it was going to recover and go to a record was to be found in AAPL
That is not a coincidence since AAPL has the largest USD cash balance of any company on earth
The market is anticipating that AAPL will convert its cash into BTC and so the correlation with AAPL and BTC is becoming 1
History repeats itself, and now we have witnessed a similar crash in BTC and AAPL hitting a record in a similar timeframe
Expect BTC to hit a new record in the coming weeks as the market pairs BTC and AAPL as one and the same
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APPLE'S Breaking down 169 we will go "Fast & furious" big time !Do not be mistaken mkt makers stopped here for a reason not by any random chance !!!
-Bad news
1/Zero volume between 165-169 = direct
drop to 165 to say the leas we r @169.69 !
Good news
2/Volume's average is as high as 3.18.21 kind off
"Good" signal but dangerous if used alone !!!
AAPL : Good ConfigurationAAPL is bullish in daily, weekly and monthly
After a correction phase, AAPL continue his trend and the next targets are : 153.81, 169.58 and 172.81.
But in this road there are some obstacles that can block the movement :
Resistances at 149.26 and 150.88
Prices must close above 148.09
For more security, we can wait the break of the last high to enter (157.04)
AAAPL : Moment to buyAAPL :
The trend is up for daily, weekly and Monthly frame.
For Daily we are in accumulation phase, the last candle is signal for the end of this phase and it is a moment to buy . but for the more conservative they can wait the break of the level 150.88 and buy just after.
Next targets after the break of 157 (last High): 158.87, 167.63, 169.5
APPLE Will Go Up! Buy!
Hello,Traders!
APPLE is trading in a big wedge
And now a local correction is taking place
I am bullish on the stock
So I think that once we see a retest of the support
The price will start going up
With the target being the resistance of the wedge
Buy!
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Simple pattern reakout tradeAlongside with Apple being Apple, it has macro HTF algo above 160 and just general bulishness of the market gives some extra fuel for this trade.
Entry 1: 147.62
Entry 2: 149.35
Dips are for buying here (unless there is a general turn of market sentiment. Will add if it dips to 150 region.
Plant trees. Harvest fruits.
AAPL: New ATH for Apple soon! Requested by decimalSuccess35475 Apple broke out of a year long ascending triangle back in the beginning of July.
Right now, again it broke out of a month long symmetrical triangle with volume confirming the move.
Last Friday was a doji pattern, which means we can wait and see if Monday will be a down day presenting us with a better entry. Looking at the 1H chart, there's support at $147.50-147.80 range.
Profit target 1 is at $160, a round number as well.
A safer stop loss is below $146.
If you trade options, we can expect this move to be completed within 2 weeks. On the safer side, go at least 45 days out so that time decay won't erode too much of the profits away.
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.