The Big Apple. (AAPL)Great time to be playing apple.
Levels drawn.
Potential breakout, play this price aggressive.
Watch volume.
Aaplelong
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.
AAPLHas some important levels in this tight area. Today sold into demand after breaking down from upward wedge. Held the demand zone and started making higher lows, setting up potential 1 - 2; 1 - 2 waves out. But, some hurdles here and big things to watch:
1) breakout from demand means nothing if it can’t clear 271.38 on the potential next attempt; failing to do so can cause more time in the demand zone. More time in a zone weakens it;
2) just above 271.38, price action will have to deal with the recent down trend line which happens to align with a small supply zone. The supply zone is only a 15 minute time frame so not that strong of one;
3) if we open tomorrow with a bid down, 265.43 is the key support level. A print below this will be a lower low and opens the door to trade down to 261/260 quickly
Game Plan: if price catches a bid up, I’ll look to enter a small long with small risk. Clearing those hurdles and it can trade to 278 pretty easily I believe. If price is bid down, I’ll watch to see price action and pressure on the key support price. If it breaks, will enter a small short trade. Small because demand levels below are pretty up in the air I believe at this moment and will just look to lock in a profit
NOTE: if we have a large gap up/down above/below these levels, I’ll sit this one out until a clear range presents itself to wait for price to enter to either long or short
AAPLLiking the setup in AAPL I’m seeing. Corrective retrace down into demand, wedged in there, with a completing 5 wave count.
If we gap up tomorrow, I will look for a retrace back into demand. This would be what I see as a healthy retrace for a 1 - 2 wave base. Ideally you want to enter on wave 3 (this is where most of the money is made!)
Game Plan: if we gap open, will look for retrace, watch price action, then enter long. If we open down, will look for a breakout from demand if this zone holds. If I see an opportunity to catch breakout, I may try and enter a small long just in case it decides to take off and not retrace. Ideally, I want the wave 1 up from demand, then retrace, make a higher low for 2, then enter long.
AAPLWatching today. Think we can get a push up to 290’s but thinking it will be choppy. Think price will bounce between 284 and 298. Not bullish until 304 is broken (high of previous wave (b).
Currently in a wave c up. Wave c usually measures 1x to 1.3x length of a. Those two prices happen to be 288 and 304! So even with a push to 304 I’ll remain cautious because despite that being a potential signal to look at a long position, it is also the point where wave c generally terminates and reverses.
No positions in this one as of right now.
$AAPL - Market was always one step aheadThe Market was always one step ahead. I think we are now in the B wave which could lead us to $280 and into the Bull Trap. From my last AAPL idea, I stated that the Covid peak and optimism will lead us up on the b wave and will now lead us to around $287.
As a result, I expect "if" we get the C wave it will now lead us to the $159.
Please do your DD.
AAPL : think we start to see Wave (C) upEarlier thought about taking a call credit spread but price never gave me a convincing entry for a day trade. Obviously it would have worked out today but it isn’t about that. Don’t trade just to trade; some of the best trades are no trades! Who knows, I could have done that trade today and the market decides to have a complete opposite event of today, where I would have taken a loss!
I think we start to see wave (C) up here. We easily can fluctuate from here down to 238 area but I am leaning towards to start up.
Started small long today. Will either 1) look to build long on an established 1-2 wave; or 2) watch this demand zone, breaking down and out of this zone will signal a stop loss for me. But again, I think we can see some upward movement.
$AAPL BULL VS BEAR AND THE WINNER IS....Please Like if you find this helpful.
For those who saw my idea in January before the market crash, I had called for APPLE at $125 and now it is looking more than likely that at the end of this market crash we could see AAPL at $125 even if just for a day or intraday. I believe the bull market is dead but the market can still be traded. Overall, we could be in a massive ABC correction. I believe the economy was on shaky grounds before COVID which is why I called for a market correction. With Covid we are definitely going into a market crash and a global recession.
Technically - I think we go back to retest the day low we had for AAPL a few weeks ago around $213 which will bring buyers back to the market and will lead us on a (B) rally.
I also think GILD readout is coming soon and if positive could push the whole market up. However that will be short lived once the true impact of COVID is known.
The Corporate debt crisis, Consumer debt crisis from those who no longer have jobs and banks that wont be getting money from mortgages and car notes.
Please do your due diligence as this is just my opinion and not an investment advice.
AAPL : still targeting 240 UPDATE 1I try to avoid chop zone trades (areas between supply and demand levels) but depending on price action today, may look to throw on a weekly call credit spread if price retraces back up to 250 supply level.
Still targeting 240 as primary area to look at entering long position. Know your risk! Don’t over trade!
AAPL : pullback before more upsideWhether we are in a corrective flat or zig zag for Wave X, my price targets are $238 or $225. I’m leaning more bearish but the $240/238 seems to be strong demand. I’ll watch price action there and if it fails, will look for a long position with a first price target of $270. The 270 area coincides with a 50% retrace of Wave W for Wave X.
$AAPL Why I am changing my bear case RSI Bullish DivergenceEven if temporary relief, I am changing my bear case of AAPL due to the RSI bullish divergence I am seeing on the daily chart. Also my target for the DIA/DJI I made has been reached. So right now I am looking at opening a long position on AAPL. I could be wrong and it stills heads down but I think we could be bottoming out both AAPL and the market.
Please do your DD. This is just my opinion.
$AAPL Lets see where it goes ABC correction still intactFrom the last idea, 1 of C went deeper than I expected. I think we have 2 of C today. We should now have a lot lower to go since wave 3 is always longest out of all waves. Also note that if wave 2 closes above wave 1 then we could be done selling and the ABC recovery is out of the door.
Please do your DD, just my opinion.
AAPL ABC correction still intactAAPL ABC correction still intact. With Fed meeting in a couple of weeks and multiple cuts anticipated I think the decline moves faster next week and early the week before the fed meeting. I just noticed a support line at around $233 so watch out for that.
AAPL Bull run0.98 regression uptrend ! Will the upward momentum continue? or will the formation of this island top lead to a bearish move.
Read description, Ill be short: LONG BECKY; SHORT IDIOTS You are completely delusional and detached from reality if you are expecting a catastrophic drop in anything BECKY/SPY related
Go ahead, short the stock market while the fed pumps the money market with liquidity. You havent made money in 1 1/2months as a pedobear lmao why stop burning your capital now?
Trolling, on this website, ceased to entertain me when I realized that 99% of the people on this website are legitimately financially illiterate. 99% of you legitimately have zero understanding as to how capital markets around the world works. You idiots have no understanding of macroeconomic trends, which is why i will stop ridiculing you kiddos---it feels like im beating on a dead horse.
I do hope that you morons read this and stop burning your money www.newyorkfed.org
AAPL : Sideways to Bullish on next weekAAPL : Still Trend Bullish But within next week will be sideway for 1-3 days. I mean sideways to bullish agaain
AAPL reversed from resistance, potential drop!
AAPL reversed off its resistance at 229.70 where it could potentially drop further to 192.60.
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AAPL stock forecast trend analysis01-Jul AAPL
Price trend forecast timing analysis based on pretiming algorithm of Supply-Demand(S&D) strength.
Investing position: In Falling section of high risk & low profit
S&D strength Trend: About to begin a rebounding trend as a downward trend gradually gives way to slowdown in falling and rises fluctuations
Today's S&D strength Flow: Supply-Demand strength has changed to a strengthening buying flow when stock market opening.
www.pretiming.com
D+1 Candlestick Color forecast: GREEN Candlestick
%D+1 Range forecast: 2.1% (HIGH) ~ 0.5% (LOW), 1.7% (CLOSE)
%AVG in case of rising: 1.5% (HIGH) ~ -0.5% (LOW), 1.0% (CLOSE)
%AVG in case of falling: 0.6% (HIGH) ~ -1.6% (LOW), -1.1% (CLOSE)
AAPL price trend forecast analysis26-Jun
Price Forecast timing analysis by pretiming algorithm of Supply-Demand strength
Investing position about Supply-Demand(S&D) strength: In Falling section of high risk & low profit
Supply-Demand(S&D) strength Trend Analysis: About to begin a rebounding trend as a downward trend gradually gives way to slowdown in falling and rises fluctuations
Today's S&D strength Flow: Supply-Demand strength has changed to a strengthening buying flow when stock market opening.
read more: www.pretiming.com
D+1 Candlestick Color forecast: RED Candlestick
%D+1 Range forecast: 0.6% (HIGH) ~ -1.0% (LOW), -0.4% (CLOSE)
%AVG in case of rising: 1.5% (HIGH) ~ -0.5% (LOW), 1.0% (CLOSE)
%AVG in case of falling: 0.4% (HIGH) ~ -1.7% (LOW), -1.3% (CLOSE)
Price Forecast timing is analyzed based on pretiming algorithm of Supply-Demand(S&D) strength.
AAPL Potential Buying OpportunityAAPL has put a nicely retrace towards 50% fib levels at the moment , and also this retracement should reverse between 61%- 78% of the fib retracement.
AAPL has key level at 156
If AAPL fails to get above 156, this should go all the way back towards 100.00 levels.
So buy back above 179 once reach 61% retracement or 78% retracement
AAPL Setup, with ,,, no crisis will happennew aaple setup,
AAPL on the long sight.
im not following news these days unfortunatly, ive been working a lot and not havin time time to follow news, but at least the sentiment in portugal is positive, it is wht i feel at least, im not euphoriac by now so, it is not the end of the bull, it is positive, unfortunatly im not in america, and im not in uk, but in portugal we live in a positive sentiment, in my point of view there are some setups for a savings account as we can feel, you can invest in aapl as in sp500 or eu50(eurostoxx 50)(maybe the best one to invest), invest and keep it there, u will make some bucks,
with it, u living in a good sentiment world, so people is working happy, and the economy is working, as far as i can see,(im not watching the news), so this is all wht an guy can say about the sentiment of the markets withount any bad or good news, just feeling the days that have happened before, or portugal is a paradise that nothing bad happens. So if u like to have a nice life buy a house in portugal, btw talk with me first to gain some bucks in ur home accquisition( im not working in the field, but i can gain some for it, if u dont mind)(better who said to you than anyother who try to trick u) :)
so im positive on the markets, i just setuped Apple because so, - maybe because beeing the biggets in MCap in the markets ( thats my trick) all i know is i feel it is a good time to make some bucks and apple will prosper, and maybe without their problem with wht to do now, they just should think on it, not us.
Made by,
AKA a beer!
if u want to make some bucks just invest with risk management in a good index, thats ur bucks on, nothing specific in shares wht im doing now.
i can give u a tip, im not bad humor with EU50., but as always, use "greed managment".
