The Perfect APPL Entries!! Promising Reward to Risk!
Im back!!! Hey traders sorry its been a while since i publish on TradingView but make sure you follow me and be on the look out for my new stock calls coming out weekly. If your a new or old trader/investor looking to purchase NASDAQ:AAPL then the following information will serve you well.
Currently NASDAQ:AAPL is trading at $277.97 at the time of this writing. Market volatility levels are at record high plus Coronavirus fears are creating havoc across markets making for an ideal trading environment for the savy investor which knows what to do. Now if you don't know what to do, let me help you a bit. Let's get straight to it!
You and I both know that NASDAQ:AAPL is fundamentally one the most stable companies if not the most stable company in the world with a cash holding of $245 billion dollars. As well as a remarkable financial statement & balance sheet showing nothing but future growth with out a doubt. NASDAQ:AAPL numbers sure do ALL the talking on their own.
So what does all this mean for a trader?
This creates the perfect opportunity for a pull back entry that allows traders to purchase the most powerful company in the American stock exchange at a much lower price than it currently averages at.
**Disclaimer**
Before entering a trade three types of analysis should be performed.
Fundamental Analysis = The study of financial statements and economic news. (Overall Trend)
Technical Analysis = The study of chart history. (Entry & Exit Strategies)
Sentimental Analysis = The study of the markets current psychology and traders psychology.(Instinct)
After performing the three analysis below are my results:
NASDAQ:AAPL
Fundamental Analysis = LONG (BUY)
Technical Analysis = SHORT-TERM SELLING
Sentimental Analysis = Market fears currently higher than confidence.
To better explain:
This means that right now momentum is headed downwards technically but the overall trend is up fundamentally.
So since we know the overall trend is upwards but we are currently headed downwards it creates the perfect timing to use our Fibonacci Retracement tool. A tool that is used to find important entry and exit levels in a trending market. Which is traditionally applied to the low & high of a trend. Here were my results:
As you can see in the chart above we have already retraced with a spike below the 23.6% level at $284.07. Markets are still showing downwards momentum that is headed towards the 38.2% level or $256.95.
MY SUGGESTION:
Place LONG orders totaling anywhere from 1-5% of your total trading capital on each retracement level below:
23.6% = $284.07 (BUY)
38.2% = $256.95 (BUY)
50.0% = $235.05 (Great trade opportunity) (BUY)
61.8% = $213.12 (What i consider the PERFECT IDEAL TRADE) (BUY)
78.6% = $181.92 (ABSOLUTE BARGAIN!!) (BUY)
Take profit: $327.85 at the previous ATH. (All Time High) Be patient and trust the process. This monster of a tech stock will most definitely return to break more records in the upcoming months when the continuation wave arrives.
APPL
APPLE - APPL 130% RunSince Dec 2018, we have seen Apple go on a 130+% run. Absolutely spectacular. Share buybacks, dividends, growth...an absolute homerun of a stock. So where are we going from here.
Technical Analysis:
1. On the weekly chart, Appl RSI is in overbought range and we're seeing a slight turn on the MACD, so some sellers are taking profits (more of this below).
2. We would like to see Apple find a new support range. Looking at the top of our uptrend channel or around the $255 price level. Wouldn't consider buying anything higher yet for a long term position.
Fundamental Analysis:
1. We are seeing Sellers take some profits, and why not, it's a perfect time to do so. Election year, super Tuesday a month away, and typical "Sell in May & Go Away" coming up.
2. Corona Virus precautions have led to temporary store closings on all of Apple's corporate offices, 42 stores and contact centers in mainland China through February 9. While Apple had strong December and January sales, According to the New York Times, "Apple generates about 17 percent of its sales in China and about 25 percent of its operating income in the country", so this may be something to pay attention to.
At the moment we are short term neutral-bearish as we wait for Apple to find its new support.
Shoot us a like and give us a follow as we come back with more updates.
Cheers!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
Apple to 350 No major selling, basically in a triangle for weeks. If the news says Corona has peaked we will definitely see a spike up in Apple. I really wouldn't doubt more ATH's at all at this point.
Should get up to test the trendline again around 350 or so, maybe a small starter short position would be possible there.
APPLE 2019 ENTRY / NOT NOW.Nota:
El sistema de trade es personal, cada quien tiene sus criterios y deben ser respetados.
Pero aquellos que tengan un sistema estadisticamente ganador, seran rentables y buenos en el mundo del trading.
Mi sistema es unico y asi he sido rentable desde hace mucho tiempo atras.
Analisis.
Este Stock ya no tiene para mi entrada, debido a que ya la entrada paso en el 2019.
Note:
The trade system is personal, everyone has their criteria and must be respected.
But those who have a statistically winning system will be profitable and good in the world of trading.
My system is unique and thus I have been profitable for a long time ago.
Analisys
This stock no longer has for my entry, because the entry happened a year ago.
Apple Inc - APPLE Possible short term trend reversal Divergence says trend should reverse at least for a short time, but trend is also accompanied by a strong support levels. It's too risky at this time for both short or long entries. Wait until it drops to the mentioned Fibonacci levels and decide whether it will reverse or continue.
JEFF BEZOS IS ABOUT TO BLESS USAmazon hasn't done that much while other major stocks have pumped stupid amounts. This market might be in a bubble but the trend is your friend. We are in a huge wedge and we look like we should break out soon. Enter on a retest of the top of the wedge or buy the bottom.
SPX Fundamentally Bearish Technically BullishSPX is in a bull market and people will never learn. People have been calling for the economy to collapse for the past 10 years. Yes we are in a bubble right now with the repo market just pumping the market but I cant be bearish untill these levels are closed below. Fundamentally I'm bearish but technically not yet.
What does BTC fractal say about AAPL ? Do not FOMO !Hello everyone,
As lot of people talks about stocks like Apple these days I´ve decided to take a look at it and here is what I see and think about current APPL trend.
Anyone who invested in crypto or trade cryptocurrencies knows it is stocks boosted x10 so thats why I used (for easier comparison)
Weekly & MA200 for APPL
Daily & MA100 for BTC
This might not be the exact "TOP" for APPL but anyone buying here for long term investment might get burned pretty well.
Apple might bring nice trading opportunities very soon so keep your eyes opened.
I think no extra explanation is needed here or is it ?!
Feel free to leave a comment or questions below the chart.
Cheers
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
Apple and the Parabolic rally, part 3I can't say this wedge is great, but volume is good, the size and it's position are good, only the shape of it is not that convincing. At the moment, market is dropping a bit in the last hour before closing, which is usually the most important hour of the day.
In my previous analysis, i mentioned about being careful with being bearish on the stock market. Been reading up some more past week and it has become clear, the world and the analysts have turned crazy. But selffulfilling prophecy is very powerful, so this could continue.
Anyway, short term weakness would be a break of 316, after that 308 and the big one is 300ish. The wedge is also at it's max, so it needs to break now or tomorrow at opening, otherwise it becomes very unreliable.
Previous analysis:
Do Alphabet bears even exist?Just some random thoughts, i actually think they have so much dominance in the overall market it's very hard for them to go down but..
Just seeing this chart could make it very easy..
Support turn resistance -> Support turn resistance
Also: More like a question in case anyone reads this:
Why is volume continuously falling?
Apple Trading Vision : to the New Records !Hello, dear stock Trader!
Monfex is at your service and today we overview Apple.
AAPL broke the strong resistance level - All-Time High , has already tested it locally and going to the 127% Fibonacci level. But we have on many indicators the strong bearish divergence and is sign that near $ 250-255 we will can suggest a sell position to the support zone of levels Fibo and the support line ~ $ 225-220 .
Market Cap
1068.379B
Share your thoughts, ideas about the market under the chart.
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GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.