APPLE LONG$AAPL
Weekly Time Frame
Apple recently hired two of Tesla’s ex-employee who use to manage auto pilot division of Tesla (Apple has been known to keep it’s project secretive and we never know when they will announce anything on EV may be 2025)
Apple Iphone 13 demand is very high but as we know from earning’s report chip shortage and logistic issues have affected the supply chain but that was taken into consideration for ER drop and it was bought
Apple’s new MacBook Pro has M1chip and demand is very high apart from that stupid stand worth (999$ which made me wanna short) but jokes apart Apple has the biggest cash holding and I am sure they will figure out the logistics issue
With holiday season coming sales going to be up…
On weekly closing Basis one can Enter Apple 160C Feb 2022 @485 with stop loss on apple below 143
We do have open Apple 170C Feb 2022 @192 current price is 253
I also Like to swing for JAN 2023 Apple 2023 200C @948 And people with accounts over 50K can go for Apple Jan 2024 200C @1200 (Trim at 30% profit)
For education purposes only Not a financial advice.
APPL
Apple | Fundamental Analysis | Must Read...Apple will release its fourth-quarter 2021 fiscal year results this Thursday, which entails investors looking for a fast-growing stock trading at a low price need to act quickly, as the smartphone titan looks poised to deliver solid numbers that will help halt the recent decline in its stock price.
As many know, Apple's stock has fallen over the past few weeks notwithstanding reports that the latest iPhone 13 models are in greater demand than last year's lineup. Let's take a look at the reasons why smart investors should take advantage of the Apple stock pullback.
Recent reports suggest that iPhone 13 sales may be held back by supply chain constraints. The iPhone maker could lose as many as 10 million iPhone 13 units as a worldwide shortage of semiconductors could disrupt production lines. The smartphone maker reportedly expected to produce 90 million iPhone units in 2021, but third-party reports indicate that it may fall short of that mark.
As it turns out, the chip shortage is awaited to influence not only iPhone production, but also interfere with the release of iPads and MacBooks. Not surprisingly, investor sentiment towards Apple stock has turned negative, but it should not be forgotten that the company has a huge opportunity.
For example, Wall Street expects Apple's fourth-quarter revenue to grow nearly 31% year-over-year to $84.7 billion. Earnings are expected to rise to $1.23 per share from $0.73 per share a year ago. When the company released its fiscal third-quarter results in July, Apple did not provide official guidance, citing uncertainty caused by the COVID-19 outbreak, but it would not be shocking if the company beat market expectations.
Morgan Stanley analysts estimate that Apple's iPhone shipments for the quarter that ended in September will grow 17% year over year to 49 million units. When you consider that in the 5G era, Apple expects the average selling price of iPhones to rise significantly, revenue from the company's largest product line (which accounts for 49% of third-quarter revenue) could grow impressingly. Not surprisingly, Morgan Stanley analysts expect Apple's iPhone revenue to grow 52% year over year in the September quarter.
The higher ASP, as well as the fact that the company's services business is growing at a good pace, should lead to higher margins. Apple recorded a 33% year-over-year increase in services revenue in its third fiscal quarter, and that trend is likely to continue, due to remarkable increase in offerings such as the Apple TV+.
All of this indicates that Apple is well on its way to achieving good results. More importantly, the tech giant will likely be able to maintain its high growth rate as it is at the beginning of a big renewal cycle.
Investors shouldn't worry too much about near-term problems that could derail iPhone production, as the company has ample room to grow in the era of 5G smartphones thanks to its huge user base.
CEO Tim Cook said in January that Apple has a base of more than 1 billion active iPhone users. The company only released its first 5G-enabled iPhone models last year, which means that only a small fraction of its installed base is using 5G devices. Shipments of the iPhone 12 (Apple's first 5G-enabled device) totaled 100 million units this April, meaning that millions of users are still in the upgrade window.
Thus, Apple could continue to see significant growth in shipments in the coming years as more and more users upgrade to the new iPhones. Add to that improved pricing for 5G-enabled smartphones, and it's no wonder why Apple's revenue is expected to grow nearly 20 percent a year over the next five years. That's a big jump from the 8.4 percent annual earnings growth the company has seen over the past five years.
Finally, since Apple is trading at a forward earnings ratio of 29, which is lower than the Nasdaq-100's high tech weighted ratio of more than 35, it makes sense to buy these tech stocks before the earnings report comes out, as strong numbers and solid guidance can lift the stock and increase its value.
SPX VS APPL ! Lets hope for the trend reversal at supports!Amazing similarity between SPX and APPL charts which is completely normal considering the weight of APPL in the market!
Shown supports on the charts are really strong and lets hope for the trend reversal at these supports. If not and they can not support may GOD support the market!
It is wise to consider the general attitude of the market if we want to open a position.
Same similarity can be observed for SPX VS MSFT and NVDA.
Good luck every one
APPLE Has Probably Peaked, Can FallTraders, APPLE stock can fall as it is forming a pattern and is showing signs of fatigue. This comes along with Amazon, Google Tesla, and Netflix stocks showing same signs. This can have a knock on effect on the NASDAQ which is already trying hard to recover from the recent "so far" minor correction.
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📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
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NDX VS APPL ! Amazing how APPL controls the market !Just notice the similarity between NDX and APPL Charts!
It is amazing how APPL impacts the whole market. It is very difficult to distniguish between charts without looking at the symbols. !
It is very valuable point to consider in our trades. I should add that MSFT has also the same effect!
Good luck every one !
Apple's WXY double Zig Zag, a probable count !!!Double and Triple ZigZag Rules:
Double (DZ) and Triple (TZ) Zigzags are similar to Zigzags, and are typically two or three Zigzag patterns strung together with a joining Wave called an x Wave, and are corrective in nature. Doubles are not common, and Triples are rare. Zigzags, Double Zigzags and Triple Zigzags are also known as Zigzag family patterns, or 'Sharp' patterns. Double Zigzags are labeled w-x-y, while Triple Zigzags are labeled w-x-y-xx-z. Both these patterns are included in the list of rules and guidelines below. Only a Double Zigzag is illustrated below.
Wave W must be a Zigzag.
Wave C of W cannot be a failure.
Wave X can be any corrective pattern except an ET.
Wave X must be smaller than Wave W by price.
Wave X must retrace at least 20% of W by price.
The gross price movement of Wave X must be less then 3 times the price movement of Wave W.
Wave X must be no more than 5 times Wave W by time.
Wave Y must be a Zigzag
Wave Y must be greater than or equal to Wave X by price.
Back to back and double failures are not allowed.
Wave Y must be greater than 90% of Wave W by price, and Wave Y must be less than 5 times Wave W by price.
Wave Y must be no more than a factor of 5 times either Wave X or W in price or time.
Wave C of Y cannot be a failure.
Wave XX can be any corrective pattern except an ET.
Wave XX must be smaller than Wave Y by price.
Wave XX must retrace at least 20% of Y.
The gross price movement of Wave XX must be less than 3 times the gross movement of Wave W.
Wave Z must be a Zigzag
Wave Z must be greater than or equal to Wave XX by price.
Wave Z must be less than 5 times Wave Y by price, and must also be less than 5 times Wave W by price.
Wave Z must be no more than a 5 times either Waves XX, Y, X or W in both price and time.
Double and Triple ZigZag Guidelines:
The largest Wave in Wave W is usually less than Wave W by price.
Wave X is usually a Zigzag family pattern.
Wave X is usually less than 70% of Wave W by price.
Wave X will usually retrace at least 30% of Wave W.
Wave X is most likely to be a 38.2% retracement of Wave W.
Wave X is next most likely to be a 50% retracement of Wave W.
Wave X is next most likely to be a 61.8% retracement of Wave W.
The largest Wave in Wave X is usually less than 140% of Wave W by price.
The time taken by Wave X is usually between 61.8% and 161.8% of Wave 1.
Wave Y is next most likely to be equal to 61.8% or 161.8% of W by price.
Expect the time taken by Wave Y to be between 61.8% of Wave W and 161.8% of shortest of Wave W and X.
Wave XX is usually a Zigzag family pattern.
Wave XX is usually less than 70% of Wave Y by price.
Wave XX will usually retrace at least 30% of Wave Y.
Wave XX is most likely to be a 38.2% retracement of Wave Y.
Wave XX is next most likely to be a 50% retracement of Wave Y.
Wave XX is next most likely to be a 61.8% retracement of Wave Y.
The largest Wave within Wave XX is usually less than 140% of Wave Y by price.
Wave Z is most likely to be about equal to Wave Y by price.
Wave Z is next most likely to be about equal to 61.8% or 161.8% of Wave Y.
The largest Wave in Wave Z is usually less than Wave Y by price.
Apple - Potential Head and ShouldersThis doesn't look great, we have RSI dropping with downward buying pressure on decent volume. Pattern wise, we have a classic head and shoulders potentially setting up, 134 and 127 could be bounce levels that match up with the 200ma and pattern completion zone respectively. This is not financial advice.
SPX. APPL just broke a major Fibs #,it could bring mkt down !!!We could bounce back in ABC then another 5 waves down !!!
Index Weighting: 6.2%
Market Cap ($B): 2,381.7
Revenue ($B) (4-Quarter Trailing): 347.2
Net Income ($B) (4-Quarter Trailing): 86.8
Place Change From Last Month: None
Apple is a major producer of hardware and software products, primarily for the consumer market. Its most prominent product is the Apple iPhone brand, but Apple also produces other brands including Mac computers and iPad tablets. It also operates the Apple Music and Apple TV media distribution platforms.
Nasdaq 15150 to 14800Price should range between zones 15150 and 14800, based on price action either buy limit 14800 or sell stop further.
Sell entry 15150, SL 15200
TP 14850
Leading into potential buy back to back or further sell stop order.