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
APPL
$APPL 172$ and 168$ available targets for bears$APPL on daily rejected tenkan aggressively at $188 but there might be another retest of it as a resistant confirmation.
On weekly, tenkan support at 172$ ( fib retrace 0.5)and kijun is sitting at 168$ ( fib retrace 0.6) as for why these targets.
Fib Guppy is also tightening (6 levels) and a weekly close below the guppy will signal high volatility towards the bear targets.
A patient short swing will be a profitable one.
@AresTrade
Apple Retesting All-time-high BreakoutApple is currently retesting the all-time-high breakout zone. If you're looking for an entry with a close stop loss for Apple, this would be the moment you would enter the market.
Given that we just reached a new all-time-high by overcoming MAJOR resistance, the chance of us breaking to the upside and continuing to make new all-time-highs is very likely. The resistance above is very minimal and above that is all open sky.
Apple Stock Dot Com bust and BitcoinI heard someone in chat say "but, but what about Apple!? They recovered and went to ATH after their bubble popped!" and this made me curious to see what exactly did happen to apple during the dotcom bust and thus this chart was born.
Summary- APPL hit an ATH around $5.40 and eventually collapsed to $.90 causing it to lose roughly 84% of its value
- After capitulation, despair set in and led to APPL ranging around 4 almost 4 years in the pit of misery
So far BTC has been declining for roughly 4 months
If Bitcoin followed the path of Appl, a stock that perma-bulls love to quote as being "proof" that "a lot of companies survived and thrived after the tech bubble!" , it would have an ultimate bottom of $3,200 and would range in the shallows from 1-4ish years.
So, ok, maybe bitcoin will follow the path of the few companies that came out of the tech bubble and survived only to go to new ATH and change the world economy forever BUT before that can happen there is alot more pain on bitcoins plate.
Thanks for reading and good luck and God bless to all of you!
Red Boar
The APPL of my bearish eyeI don't often look at stocks, but last week I saw the news that Apple had missed sales targets for its smartphone and delivered disappointing revenue projections.
So I checked the chart, and it doesn't look good for the next year if you are long APPL.
Here's the chart I quickly drew up last week:
Once we break the daily 200MA, I believe it will drop very quickly to around $150USD.
The larger short target is the weekly 200MA, at around $138USD, which has proved to be strong support for the past several corrections.
DR PEPPER REVISITED (DPS BUY)One of my very first pairs I posted- REVISISTED!
Here is a new plan, as I think now (and at a couple other lower prices) DPS is a decent medium term buy- meaning it's not going to be a day trade, but you're not going to be holding on to it for years.
Fundamentals: In this tricky market we have had towards the end of last week and in to this week, TECH stocks (FB, NFLX, APPL, AMZN, GOOG, NVDA, AMD, TSLA) have been all taking a beating, and stocks like DPS are being dragged with it. However, if this trend continues, people will likely SWITCH from riskier, more volatile stocks and go back in to the fundamentals such as food and beverage, utilities, energy, what have you. DPS has NO reason to keep going down, the company is the exact same company it was at >95$ a share.
Anyways, enough of the fundamentals. I'm putting in my buys and WILL UPDATE THIS CHART AS TIME GOES ON AS TO WHEN TO TAKE PROFITS! So if you're joining the ride, MAKE SURE TO FOLLOW ME OR BOOKMARK THIS CHART.
#AAPL may hit $200 in 2018 but that may be an all time high#AAPL may hit $200 in 2018 but that may be an all time high (for a long time)
Apple (AAPL) stock price analysis: My Elliott Wave Method based prediction shows a C Wave end mid-2018 at around $200.
The stock price may fall back to $110-120 range later but it needs further data to speculate.
[symbol="APPL"]APPL[/symbol] Is it Novice or pro Gap?What you think of APPL 's crazy moves?
Following positive Reports Earning on 1/August/17, ensued big Gap.
Novice Gap or was it a Pro Gap? (I think N Gap)
Hit Highest High of 161.xx, Now it can go in either direction; Analysts 'THINK' next stop is 170 , or down
I see NGap always(well, most of the times) reverse back to normal(150.XX ) range
10/August/17 was dividend pay day, and after hours reaction.
Now 14/August/17 , Gapped up again!
When there is too much of Gaps professional stay away from the stock.