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APPLE Bouncing off extremely strong Support Cluster.Apple (AAPL) completed yesterday 3 straight green 1D candles, the longest such bullish streak in 3 months (since January 25). The rebound has been initiated inside the Lower Highs Zone that started after Apple's former All Time High (ATH) on January 04 2022. The are a lot of recurring patterns involved as well, with one being that the current Channel Down that started on the December 14 2023 High, was rejected on the Resistance Zone that the previous Channel Down also did on the July 19 2023 High. That one made a Double Bottom on the Former ATH Lower Highs Zone after a rejection marginally above the 1D MA50 (blue trend-line) before rebounding. With the 1D RSI within a Channel Down as well since that High and having rebounded from its lowest level since February 2018, we have a very strong case for buying Apple, at least on the medium-term, targeting again the Resistance Zone's bottom at $198.00. If it follows the pattern of the 2023 rally, we can even see it hitting the 1.382 Fibonacci extension at $211.00 or even higher by the end of the year since the pattern that on the January 03 2023 market bottom, is a Channel Up. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:AAPLLong
by TradingShot
Bullish Market on AppleEsteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own rules. As a supporter of the Elliott Wave Principle, I consider this methodology an invaluable tool for market analysis. After three years of personal experience, I have developed my approach by combining this principle with meticulous consideration of different market scenarios. I strive to avoid market surprises by maintaining a range of market prospects, which enables me to recognize the market structure forming with 100% accuracy. I am pleased to share my analysis with you, with the caveat that I do not provide buy or sell signals. My perspective on idea analysis is entirely impartial, and if my analysis meets your standards, it may serve as a guide to making an informed decision. For your reference and comparison, I have attached my previous analysis of the same market. All the details of my analysis are clearly labeled for ease of comprehension. Nonetheless, familiarity with the Elliott Wave Principle theory would facilitate an understanding of the analytical idea. My study of the Elliott Wave Principle took nearly three years, during which my understanding and experience with this invaluable tool have grown. My progress thus far is a testament to the legacy of Ralph Nelson Eliot, whose genius has provided the foundation for my achievements. May he rest in peace. I express my gratitude for your continued support and kindness, and welcome your comments and critiques. May my analysis be a valuable asset to your business journey, and I remain sincerely yours, Mr. Nobody
NASDAQ:AAPLLong
by Mehdi_Abbasi_EWP
AAPL Apple and the DOJ Antitrust LawsuitAfter the previous price target was reached: Warren Buffett has been a prominent supporter of Apple (NASDAQ: AAPL) in recent years. However, there is speculation that his enthusiasm for the stock may have diminished. In the fourth quarter of 2023, Berkshire Hathaway reduced its holdings in the tech giant. This move occurred before the U.S. Department of Justice (DOJ) announced that it, along with 16 state and district attorneys general, was suing Apple for alleged violations of antitrust laws. The question now arises: Will Buffett continue to sell off Apple stock in response to the DOJ antitrust lawsuit — and should others consider following suit? The complaint filed by the department in the U.S. District Court for the District of New Jersey outlined various allegations against Apple, including that the company: - Prevented the availability of iPhone apps designed to facilitate easier transitions to alternative smartphone platforms for consumers. - Hindered the advancement of mobile cloud streaming services enabling consumers to play video games without necessitating expensive smartphone hardware purchases. - Excluded messaging apps on iPhones that seamlessly operate across different smartphone platforms. - Restricted the capabilities of competitors' products in comparison to the Apple Watch. - Constrained competing digital wallets by prohibiting apps from enabling users to utilize tap-to-pay functionality. My price Target for AAPL is now $165.
NASDAQ:AAPLShort
by TopgOptions
5
AAPL → a double top?!hello guys... apple broke the descending trendline and after that made double top! however, the neckline has not broken yet! if the yellow area breaks down we can expect a downward movement toward the blue area! so the target will be 144$ ___________________________ ✓✓✓ always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
NASDAQ:AAPLShort
by melikatrader94
3
Apple Struggles in China as Huawei Stages Smartphone ComebackThe Chinese smartphone market, a crucial battleground for tech giants, is witnessing a significant shift. According to research firm Counterpoint, Apple has experienced a concerning 19.1% decline in iPhone sales during the first quarter of 2024. This slump comes in stark contrast to the impressive 69.7% surge in smartphone sales enjoyed by China's own Huawei over the same period. This news paints a worrying picture for Apple's dominance in the world's largest smartphone market. The reasons behind the decline are multifaceted. Some analysts point towards a slowdown in overall smartphone sales in China. However, Huawei's impressive growth suggests a deeper issue specific to Apple. One potential factor is the recent launch of Huawei's Mate 60 smartphone. This flagship device boasts a powerful, next-generation 5G chip, potentially enticing consumers looking for cutting-edge technology. Apple's latest iPhone offerings might not have possessed the same level of innovation in the eyes of Chinese consumers. Another possibility lies in the ongoing geopolitical tensions between the United States and China. Nationalistic sentiment could be driving Chinese consumers towards domestic brands like Huawei, especially considering the ongoing US sanctions against the company. This could be further amplified by any negative media coverage surrounding Apple. Furthermore, Apple's premium pricing strategy might be hindering sales in a market increasingly focused on affordability. While the iPhone is known for its quality and brand recognition, competitors like Huawei are offering compelling features at a more competitive price point. This could be particularly appealing to budget-conscious consumers. The decline also raises questions about the effectiveness of Apple's marketing strategy in China. Perhaps the company hasn't effectively communicated the value proposition of its latest iPhones to the Chinese market. Cultural nuances and a deeper understanding of consumer preferences might be crucial in reigniting sales. Looking ahead, Apple will need to take decisive action to address this challenge. Here are some potential strategies the company could consider: • Product Innovation: Introducing features that resonate with Chinese consumers, potentially focusing on advancements in areas like camera technology or integration with popular Chinese social media platforms. • Localization: Tailoring marketing campaigns and product offerings to cater to the specific tastes and preferences of the Chinese market. This could involve collaborating with local influencers or offering unique features specific to China. • Competitive Pricing: Re-evaluating its pricing strategy in China. While maintaining its brand image, exploring options to make iPhones more accessible to a wider range of consumers. • Partnerships: Potentially forging strategic partnerships with Chinese firms to improve brand image and distribution channels. The Chinese smartphone market is fiercely competitive, and Apple's recent decline serves as a wake-up call. While the company still boasts a loyal customer base globally, it needs to adapt and innovate to maintain its position in China. Addressing the issues discussed above could help Apple regain its footing and ensure its long-term success in this crucial market. This situation also highlights the rise of Chinese tech giants like Huawei. With a strong focus on innovation and a deep understanding of their domestic market, these companies are increasingly challenging established players like Apple. The global smartphone landscape is likely to see a fascinating battle unfold in the coming years, with Chinese firms potentially shaping the future of the industry.
NASDAQ:AAPLShort
by bryandowningqln
TESLA 130 AFTER EARNINGS !! High Valuation: Tesla’s market capitalization has skyrocketed in recent years, leading some to argue that its current valuation is not justified by its earnings or sales figures. If these critics are correct, Tesla’s stock could be overpriced, and a market correction could be on the horizon. 2. Competition: The EV market is becoming increasingly crowded. Traditional automakers like General Motors and Ford are ramping up their EV production, and newcomers like Rivian are making waves as well. Increased competition could erode Tesla’s market share. 3. Regulatory Risks: Tesla operates in a highly regulated industry. Changes in policies related to EVs, self-driving technologies, or environmental standards could have a significant impact on Tesla’s operations. 4. Production and Delivery Challenges: Tesla has faced criticism for production delays and quality control issues in the past. If these problems persist, they could harm Tesla’s reputation and bottom line.
NASDAQ:TSLAShort
by NYRUNSGLOBAL
APPLE $AAPL | APPLE BEARISH PRICE CHANNEL - Apr. 9th, 2024APPLE NASDAQ:AAPL | APPLE BEARISH PRICE CHANNEL - Apr. 9th, 2024 BUY/LONG ZONE (GREEN): $173.50 - $181.50 DO NOT TRADE/DNT ZONE (WHITE): $168.15 - $173.50 SELL/SHORT ZONE (RED): $161.50 - $168.15 Weekly: Bearish Daily: Bearish 4H: Bearish NASDAQ:AAPL price has been slowly moving through my previous DNT zone but was taking some time. I decided to make a new analysis with current structure and levels that I view as important. I made new targets for the bulls and the bears, but have kept the most recent targets still shown on the charts. Looking at the 4H timeframe NASDAQ:AAPL price has displayed strong bearish momentum, a correction, and then downwards continuation before it began to range through the descending channel. There has been bearish structure shown on the Weekly, Daily, 4H, and lower timeframes so I am leaning towards looking for shorts to follow the trend. Previous targets are still shown and will be linked below. This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas. ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE! trendanalysis, trendtrading, priceaction, priceactiontrading, technical indicators, support and resistance, apple, aapl, $aaple, applestock, applestock, appleprice, appleanalysis, applestockanalysis, applestocktrend, appletrend, applepricedrop, applelong, appleshort, aaplshort, aapllong, aapltrend, applechannel, applebearishchannel, applepricechannel, applepricerange, pricerange, rangetrading, descendingchanel, bearishchannel, bearishpricechannel, pricechannel, bearishchannel, applecar, applenews, appletv, appleupdates, flag, chartpatterns, patterntrading, chartpatternsonapple, appleoptions, applecalls, appleputs, cpi, cpireport, inflation, inflationreport, applefundamentals, appletechnicals, techstocks, nasdaq, us100, nasdaqapple,
NASDAQ:AAPLShort
by TonyAiello
BItCOiNa has a path to 120k and you aren't gonna like itI mean, this is it. It run up to 120k right to the number. but the rejection needs to be seen around 76-81 and maybe 84 but idk yet. It would absolutely covid crash the price and wick it down to like almost zero. The return and I imagine where most people get in will be right around 25k maybe 29k. It climbs really fast at that point. retraces into may and june and then we get a big push to 1.2mil to round out the year. Then big crash. That is all should this scenario play out. Otherwise this chart is worthless. I'm telling you, this is a very real scenario that could occur. But probability wise, it's low. But it fits, and it's possible. Keep an eye out. am crazy. okay. ty. Alt coins need to spring and crash before bitcoin crashes, which takes them all down together, the alt coins mostly die and the profits likely pump bitcoin to those levels. Oh and then probably TSLA, META, MSFT, NVDA, APPLE and a few other all start saying they bought the dip. BIG jump. Followed by everyone saying "well it's a long term hold ya know, I play the long game, it'll come back to a mil."
BITSTAMP:BTCUSD
by nicktussing77
APPLE My Opinion! SELL! My dear subscribers, APPLE looks like it will make a good move, and here are the details: The market is trading on 176.55 pivot level. Bias - Bearish My Stop Loss - 179.03 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 171.21 About Used Indicators: The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. ——————————— WISH YOU ALL LUCK
NASDAQ:AAPLShort
by AnabelSignals
11
👀 Three Black Crows. Bear Market Candlestick PatternThree Black Crows is a term used to describe a bearish candlestick pattern that can predict a reversal in an uptrend. Classic candlestick charts show "Open", "High", "Low" and "Close" prices of a bar for a particular security. For markets moving up, the candlestick is usually white, green or blue. When moving lower they are black or red. The Three Black Crows pattern consists of three consecutive long-body candles that opened with a gap above or inside the real body of the previous candle, but ultimately closed lower than the previous candle. Often traders use this indicator in combination with other technical indicators or chart patterns to confirm a reversal. Key points 👉 Three Black Crows is a Bearish candlestick pattern used to predict a reversal to a current uptrend, used along with other technical indicators such as the Relative Strength Index (RSI). 👉 The size of the Three black crow candles, timeframe they appeared on, the gaps when they opened, the downward progression sequence, as well as their shadows can be used to judge whether there is a risk of a pullback on a reversal. 👉 The “Three Black Crows” pattern should be considered finally formed after the sequential closure of all three elements included in it. 👉 The opposite pattern of three black crows is three white soldiers, which indicates a reversal of the downward trend. But maybe more about that another time. Explanation of the Three Black Crows pattern Three Black Crows is a visual pattern, which means there is no need to worry about any special calculations when identifying this indicator. The Three Black Crows pattern occurs when the bears outperform the bulls over three consecutive trading bars. The pattern appears on price charts as three bearish long candles with or without short shadows or wicks. In a typical Three Black Crows appearance, bulls start the time frame with the opening price or gap up, that is, even slightly higher than the previous close, but throughout the time frame the price declines to eventually close below the previous time frame's close. This trading action will result in a very short or no shadow. Traders often interpret this downward pressure, which lasted across three time frames, as the start of a bearish downtrend. Example of using Three black crows As a visual pattern, it is best to use the Three Black Crows as a sign to seek confirmation from other technical indicators. The Three Black Crows pattern and the confidence a trader can put into it depends largely on how well the pattern is formed. Three Black Crows should ideally be relatively long bearish candles that close at or near the lowest price for the period. In other words, candles should have long real bodies and short or non-existent shadows. If the shadows are stretching, it may simply indicate a slight change in momentum between bulls and bears before the uptrend reasserts itself. Using trading volume data can make the drawing of the Three Black Crows pattern more accurate. The volume of the last bar during an uptrend leading to the pattern is relatively lower in typical conditions, while the Three Black Crows pattern has relatively high volume in each element of the group. In this scenario, as in our case, the uptrend was established by a small group of bulls and then reversed by a larger group of bears. Of course, this could also mean that a large number of small bullish trades collide with an equal or smaller group of high volume bearish trades. However, the actual number of market participants and trades is less important than the final volume that was ultimately recorded during the time frame. Restrictions on the use of three black crows If the "Three Black Crows" pattern has already shown significant downward movement, it makes sense to be wary of oversold conditions that could lead to consolidation or a pullback before further downward movement. The best way to assess whether a stock or other asset is oversold is to look at other technical indicators, such as relative strength index (RSI), moving averages, trend lines, or horizontal support and resistance levels. Many traders typically look to other independent chart patterns or technical indicators to confirm a breakout rather than relying solely on the Three Black Crows pattern. Overall, it is open to some free interpretation by traders. For example, when assessing the prospects of building a pattern into a longer continuous series consisting of “black crows” or the prospects of a possible rollback. In addition, other indicators reflect the true pattern of the three black crows. For example, a Three Black Crows pattern may involve a breakout of key support levels, which can independently predict the start of a medium-term downtrend. Using additional patterns and indicators increases the likelihood of a successful trading or exit strategy. Real example of Three black crows Since there are a little more than one day left before the closing of the third candle in the combination, the candlestick combination (given in the idea) is a still forming pattern, where (i) each of the three black candles opened above the closing price of the previous one, that is, with a small upward gap, (ii ) further - by the end of the time frame the price decreases below the price at close of the previous time frame, (iii) volumes are increased relative to the last bullish time frame that preceded the appearance of the first of the “three crows”, (iv) the upper and lower wicks of all “black crows” are relatively short and comparable with the main body of the candle. Historical examples of the Three Black Crows pattern In unfavorable macroeconomic conditions, the Three Black Crows pattern is generally quite common. The weekly chart of the S&P500 Index (SPX) below, in particular, shows the occurrence of the pattern in the period starting in January 2022 and in the next 15 months until April 2023 (all crows combinations counted at least from 1-Month High). As it easy to notice, in each of these cases (marked on the graph below) after the candlestick pattern appeared, the price (after possible consolidations and rollbacks) tended to lower levels, or in any case, sellers sought to repeat the closing price of the last bar in series of the Three Black Crows candlestick pattern. Bottom Line 👉 As well as in usage of all other technical analysis indicators, it is important to confirm or refute its results using other indicators and analysis of general market conditions. 👉 Does History repeat itself? - Partially, yes.. it does. This is all because financial markets (as well as life) is not an Endless Rainbow, and after lovely sunny days, earlier or later, dark clouds may appear again, and again.
SP:SPXEducation
by PandorraResearch
⭐️ Golden Opportunities : Smart Picks for Buying and SellingBy checking the gold chart in the 1-hour time frame, we can see that based on the previous analysis, the price reacted to the specified supply levels and is currently trading in the range of $2381! Note that the price has attractive ranges in front of it to fall towards them (to collect liquidity)! These levels are $2363, $2339 and $2320 respectively! The attractive supply ranges (for SELL) are $2398, $2404 to $2406 and $2416, respectively! The Attractive demand ranges (for BUY) are $2312, $2339, and $2267 to $2284, respectively! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
OANDA:XAUUSDShort
by ArmanShabanTrading
15
APPLE: Is this 1D MA50 rejection something to worry about?AAPL is neutral on its 1D technical outlook (RSI = 51.445, MACD = -1.220, ADX = 19.718) as it is getting sold emphatically today following Friday's rejection on the 1D MA50. That was the first time to hit the 1D MA50 in 2 months, so this rejection may be just short term profit taking. We can basically see two Channel Down patterns, very similar with each other. On November 2nd 2023, when the 1D MA50 also broke following a price rebound inside the S1 Zone, it also gave a pullback on the following session. If tomorrow we see a recovery, then we might be on a similar recovery path towards the R1 level. Our target is just under it (TP = 199.00). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:AAPLLong
by InvestingScope
6
Apple's Share Price and AI Potential Attract Hedge Funds Hedge funds are circling Apple like sharks in feeding frenzy, according to a recent report by Bloomberg. This newfound interest stems from a confluence of factors: a recent slump in Apple's share price and the company's anticipated foray into artificial intelligence (AI) for its flagship iPhones. A Discount Apple: Value in Slumping Shares Apple's stock price has dipped by roughly 13% so far in 2024, lagging behind the broader market. This decline has made the company's valuation more attractive to hedge funds, who are constantly seeking strategic buying opportunities. JPMorgan Chase analysts point out that Apple's current valuation, hovering around 24 times its forward earnings, is lower compared to its tech megacap peers like Microsoft. It's even slightly below the tech-heavy Nasdaq 100 benchmark. This relative discount has piqued the interest of value-oriented hedge funds searching for undervalued stocks with strong growth potential. AI: The Next Frontier for iPhones? Hedge funds are not just enticed by the discounted share price; they're also excited about the potential for AI integration within Apple's iPhones. The anticipation of significant AI upgrades to future iPhones is seen as a major growth driver. While details remain under wraps, analysts speculate that Apple might be planning to incorporate advanced AI features into its iPhones, potentially revolutionizing user experience and functionality. This strategic shift aligns with the broader trend of tech giants embracing AI to enhance their products and services. Navigating Headwinds: Challenges Remain Despite the recent surge in hedge fund interest, Apple isn't without its challenges. The ongoing global chip shortage continues to disrupt supply chains, potentially impacting production and shipment timelines for new iPhones. Additionally, the economic slowdown in China, a crucial market for Apple, could dampen overall demand for its products. A Strategic Entry Point: Betting on Apple's Future JPMorgan analysts see the current headwinds as a strategic entry point for hedge funds. They believe these challenges are temporary and that Apple is well-positioned for long-term growth, especially with its anticipated AI advancements. Hedge funds are likely betting on Apple's ability to innovate and maintain its market dominance within the premium smartphone segment. The success of AI integration within iPhones could be a game-changer, propelling Apple's share price significantly higher. The Bottom Line: A Calculated Gamble The influx of hedge fund interest underscores Apple's enduring appeal as a potentially undervalued tech giant. While the short-term outlook might be clouded by economic uncertainties and supply chain disruptions, the long-term prospects appear promising, fueled by the company's commitment to AI development. However, investors, including hedge funds, should carefully consider the inherent risks before dipping their toes into the Apple stock pool. The success of Apple's AI endeavors will ultimately determine whether this surge in hedge fund interest translates into a sustained rise in the company's share price.
NASDAQ:AAPLLong
by bryandowningqln
AAPL Apple WAIT to BUYAAPL Apple WAIT to BUY If you look at Weekly TF: there is still room for downside There is a good support at 170$, however, one should not give any money to market by jumping the gun. Any trade should be initiated only at support OR when price breaks the TL in the direction of our trade. Better way to initiate a BUY entry would be, when price breaks above the Red Sloping TL and closes above it, Then a BUY entry can be initiated. If a BUY entry is initiated, then 1st Target would be 180, 2nd Target would be 195 For stop loss (Partial exit ) when price breaks below the Red Sloping TL and complete exit when Green HOrizontal Support TL at 170 gets breached.
NASDAQ:AAPL
by Lnsprem
BLACKROCK TP 806 As of the most recent data, the stock price for BLK is approximately $803.981. Here are some relevant points to consider: Analyst Consensus Price Target (2024): The average consensus price target for BlackRock is $796.00, with a range from $542.00 (low) to $938.00 (high). This indicates a potential upside of approximately 0.60% from the current price. Long-Term Forecast (2025): Based on technical indicators, the current sentiment is bearish, but BLK could still hit $1,167.96 by 20252. Keep in mind that trading in bearish markets can be challenging and may result in losses. Long-Term Price Forecast (2050): Analysts predict that by 2050, the median target price for BLK could be $4,462.69, representing a substantial increase from the current price.
NYSE:BLKLong
by NYRUNSGLOBAL
SHOR WELLS FARGO IDEA BACK TO 48 TP KEY FACTORSThe stock price of Wells Fargo & Company (WFC) can be influenced by several key factors: Interest Rates: Wells Fargo is a big beneficiary of rising interest rates. When the Federal Reserve raises its benchmark overnight lending rate, it positively impacts banks. Wells Fargo’s margins widen as yields on interest-earning assets (such as loans) reprice higher with the federal funds rate, while the yields on interest-bearing liabilities (like deposits) remain relatively stable. The recent hawkish stance by the Fed, with expectations of multiple rate hikes, further supports Wells Fargo’s profitability. Earnings Estimates: Analysts’ revisions to earnings estimates play a crucial role. When earnings estimates for a company go up, its stock’s fair value tends to increase as well. Wells Fargo’s expected earnings per share for the current quarter and fiscal year are important indicators. Although the consensus estimates have changed slightly, they still impact investor sentiment. Efficiency Initiatives: Wells Fargo is conducting a multi-year efficiency initiative to cut annual expenses and streamline operations. If successful, this could positively affect the bank’s profitability and stock price. Asset Cap Removal: The asset cap imposed on Wells Fargo since 2018 (due to the phony-accounts scandal) restricts the bank from growing its balance sheet. Investors hope that the removal of this cap will enhance the stock’s valuation and overall performance.
NYSE:WFCShort
by NYRUNSGLOBAL