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APPL

Apple Points Down (Crash To Speed Up - 30% Drop Incoming)APPLE INC. (AAPL) continues looking bad and the charts are getting worse. Let's take a look at some of the signals: We are now below EMA10 (green line), this is normally a strong support. When the weekly candle closes below it, normally it quickly bounces up. But now we have the divergence and also a top, plus the last weekly candle is really strong. Weekly candle closes tomorrow, it is going to get pretty ugly regardless of how it closes, unless it goes back up strong which basically seems impossible. We are going to test EMA50 (magenta line) next. Strong MACD bearish crossover. RSI trending down strong. It is at its lowest since April and it will down more. Bear volume is at its highest since February, the bears are in full control. If you are an Apple bull, sell everything before you go broke. This is it for my Apple analysis. I really hope that you enjoyed. If yes, please hit like to show your support. Namaste.
NASDAQ:AAPLShort
by AlanSantana
8
APPLE INC. - Still room for upside despite M1 bearish div.Assume count is correct we still have room for upside that is wave 3 of 5 and wave 5 of 5. Despite strong bearish divergence on M1 chart, we still need pattern completion. Should this idea come into fruition, I expect a sharp reversal at ~218 (probably for wave 4 of 5), and ~297 (completion of 5 wave structure). All in all, even though there are bearish candle sticks forming on the medium TFs (daily/weekly for equity markets), we are still lacking pieces that complete EW patterns. The main purpose of this idea is to follow the price action of major companies that have significant impacts on financial markets in order to anticipate the depression/recession that is to come when 5 wave structure on large TFs are completed in indicies/equities markets.
NASDAQ:AAPL
by someone514
Apple: a tale of excellence and mediocrityWhat's going on guys, YoungShkreli in the building Apple is truly an amazing company. I just read Steve Jobs' biography by Walter Isaacson and it was deeply informing of his character and why Apple will likely never see better days than under him. Here's the thing about truly revolutionary people: they start and do their own thing. I don't know about you guys, but those adapters are annoying as all get out. On top of this, what has Apple actually done that was cool since Steve Jobs died? I remember when the iPod came out, now I'm a young guy, but it was the most amazing invention I had ever witnessed. It was so small and it fit every song you knew onto it. On top of that, it had this beautiful, simple, futuristic look that was characteristic of Apple and Jobs. I'm not writing this to say I'm bearish on Apple, it's just that I don't know why anyone would really buy it today - it's just not a sexy stock anymore. Nothing interesting seems to be going on. They already have a vast market that simply isn't capable of extreme growth. In terms of the fundamentals, they offer a decent dividend, have a lot of cash on hand, and aren't trading that high - only about a 16 pe. That said, I don't see where the big rise is coming from and if you look at the chart I've shown you, it's just screaming for downside and I think it's coming in the next recession. SUMMARY: I would never suggest shorting Apple, I'm just saying that it probably isn't going to be the best company to have owned in ten years. Good luck bros, YoungShkreli
NASDAQ:AAPL
by CantorTechnologies
4