Aaplelong
Obviously NO place to sell AAPL since the splitDespite the sharp increase (and the bullish gap caused by the split of the stock), the stock could correct but it won't be a big problem for investors, since the overall behavior of the stock AAPL is in an uptrend. So why not Road to 159.48 !
Let's see what volumes will do !
DOWN ON UPTREND LINE THEN PULLBACK UP - VERY SOON - AAPL - DAILYFrom the last analysis on the AAPL we can see that the market has decided to get out the range on 30MN for a very long uptrend.
The last decisions have impulsed the price of AAPL in an exponential move.
BUT, we have seen last week a push from sellers, a very strong one, probably showing a zone in which you can start thinking of taken your profits.
The former resistance center dark blue uptrend line becomes now a strong support. The is strong probability to see the market coming back to it for a pullback.
Still, the market have some room to another horizontal level, less like ly to happen now, but still possible, it is markets by a black dotted line with red dots at the end. This level has been the key point where the buyers kicked out all seller. They then disappeared, now they are back but different people, those present now are the ones getting there profits from the last exponential move.
The next month will see some nice movement on AAPL, all the red lines on the graph are probable good entries for a long direction trade, that is why this post will be market as a LONG direction probable trend overall even if we will see a little slope before the next rise.
AAPL Signal UpdateAAPL might breakout soon to $375, its following the weekly trend line very nicely, this signal is still good and you should be in a good bit of profit for anyone still following it, like I am, for all signals always watch for any reversals so you can sell out at a high point and buy back in at a lot point to maximize gains, aka I gave signal out at about 350, sold 367, got back in at around 356, and its now at around 362, tomorrow possible 375, and ill sell it then buy back in at a lower price, just watch for reversal signals, rsi in supply zone, and macd crossing over.
DM me any questions, or if you want to join the paid trading group
🍏 The Big Apple, No Signs Yet. (AAPL)💰 LET'S GET INTO SOME APPLE ANALYSIS!💰
1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤
(Overall Market Sentiment) 🐮 Bullish
- 3day Chart
- Green Engulfing Candle
- 3/3 EMA DOTS Green
Everything on this one still sits green with no interest to play it yet even based off of the overall current look on the market. On to the next. Check later.
Best of luck to you and all of your trades this week! 🤜
Drop your charts and comments down below, share with us what you think is going on in the markets! ❤❤❤
Thanks for checking out our analysis! ✌😁✌
🥇MLT | MAJOR LEAGUE TRADER
APPLE LONG Trading PlanApp Store revenue is booming as people stay at home. Analyst expects increased App Store downloads and in-app purchases to bring in an extra $500 million in revenue for Apple's third fiscal quarter. And if that revenue is driven mostly by subscriptions, as has been increasingly the case for Apple, it could mean a permanent step up in revenue for the high-margin services business.
Key Trading Plan:
i) LONG when the price reaches the pull back area at 326.14 with the target Take Profit point at 360.
Author:
S.I.D. Aizu
BULLSEYE - A 10% profits trade.Some trades are easy, some are not. This one here was definitely among the easy ones . If you missed my previous analysis on AAPL, just check it bellow and remember to follow me to keep updated of our trades and analysis. Here’s the link to my previous analysis, on April 22:
When that candle closed, it formed a pattern that those who follow me know I like to trade – a Harami. But there’s more! The pattern was close to 3 main supports: 1 – The 21 ema; 2 – The purple trendline; 3 – The previous top (now bottom). And even better: The green candle closed above all the 3 of them. As I said in my previous analysis, that would be a very good sign. I love when a trade is absolutely obvious, like this one!
But how to trade a Harami? Simple, I usually put a buy order 1 cent (sometimes more) above the previous candle’s high. If I’m afraid that a gap will not let me buy just one cent above, then I buy half of my position near the end of the Harami’s day and wait for the confirmation next day. The confirmation is always the most important thing , because we need to know if the Harami was triggered or not.
Now, AAPL reached our main target after 2 weeks, and now we can sell it and book our profits. Congratulations to those who did catch this trade, that was an easy one! If you missed this trade, now it isn’t time to buy, neither to short. It’s too close to the trendline, and there’s a chance that it will hold the price again, then the risk/reward of a short is not attractive. There’re more interesting trades to do.
Remember to follow me, I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped.
Thank you very much.
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Apple: Technical Gap Analysis 1D (Apr. 26)X FORCE GLOBAL ANALYSIS:
Apple has shown great strength in its recovery from the damage caused by the corona virus (Covid-19). In this analysis, we explore a purely technical approach to Apple (AAPL), using the gap theory.
Analysis
- Gaps are areas on a chart where the price of a stock moves sharply up or down, with little or no trading in between.
- As a result, the asset's chart shows a gap in the normal price pattern
- Gaps have a tendency of getting filled.
- Thus, when we see gaps below the price during an uptrend, it indicates that there is a probability of a correction
- Apple's chart on the daily is rather choppy, and presents room for multiple gaps
- Gaps that have been filled are marked by green
- We currently see two major unfilled gaps both above and below the current price level
- While the Relative Strength Index (RSI) moves in an uptrend, creating higher lows, we have not yet broken the descending trend line
- The Moving Average Convergence Divergence (MACD) shows a potential death cross, as the bullish histogram show signs of weakened momentum
What We Believe
Based on the gap theory, given that all gaps fill, this would be the most probable scenario; we see a rejection at the descending trend line support, and as prices fill the gaps below, a double bottom is formed on the daily. Then, we see a breakout from the descending trend line resistance, and a continued bullish rally to fill the gaps above. However, it's imperative to note that gaps don't get filled all the time.
Trade Safe.