Applelong
Apple Full Trend Reversal W/ MA?NASDAQ:AAPL
Apple might be in the middle of a full on reversal from this massive drop it's been on for awhile now. Follow the 20/50/150/200 MA from 1 minute all the way up to 1 hour chart and notice how they are all reversing trend. The key now is to follow the 2H-4H today maybe more to see if they complete the reversal on the 50 passing over the 150 etc. Could be an amazing sign for Apple. If it gets stuck though the downside would be a big sell off. I think Apple is bullish and people want it to be bullish in the market so my hopes are directed that way. Also is was massively oversold since Feb.
Thoughts?
Do you due diligence as always and make sure to keep up to date with all the market news and pre market buzz concerning the overall market and virus.
"Apple: Bull Vision" by ThinkingAntsOk4H Chart Explanation:
- On a Weekly Basis, price broke the Resistance Zone and started an up move.
- Price is on an Ascending Trendline.
- Now, it is on a Bullish Corrective Structure. If it breaks it, potential to move up towards the Fibo Zones.
Weekly Vision:
Daily Vision:
Updates coming soon!
Apple $350 Target. Not overbought - yet.With Apple hitting new high after new high, it's easy to believe that it's overbought and due for a correction. After all, a trillion+ market cap and rally that never seems to end is certainly too good to be true. Maybe it's a scam or due to abnormal fed / Trump market manipulation?
If you look at the actual trend, you'll see that the last 4 times Apple bounced off the 200 week moving average, the gains were 145% minimum. If Apple goes up 145% from the 200 week moving average, the target would be $350. Does this mean that Apple will go to $350? Certainly not, however it means that it would be NORMAL if it did. This also means that what is happening now is normal as well.
For me personally, I never use RSI or Stoch indicators. Instead, I try to determine what is "normal" for any equity and then create a window to trade within. For example, 98% of my trades will be long entries for Apple until it hits another area where it may reverse for a great risk:reward short (trendline, fib target). For short entries, I expect to be stopped out as it is a bet against a strong bull trend, but if it goes my way the risk:reward can be 10:1 or greater.
It's hard to think this kind of price action is normal for any stock, but the facts are there for everyone to see and hard to debate. I'll continue to look for possible exits for a correction, but until then, stay cautiously long.
Please follow if this has helped you.
Here was my suggested entry for Apple:
Here was my suggested area to consider a great risk:reward short. You'll see that Apple flew past this trendline and then came back down to confirm it was support. After it bounced off the trendline, it was an amazing short entry and an even better entry to re-enter a long position.
Apple Stock Is Up 85%+ Over the Past YearWelcome to PrimeXBT ’s technical analysis of one of the stock price of one of the largest technology companies in the world: Apple.
Fundamental Analysis and News:
After the 2018 Christmas Eve collapse of U.S. equity markets, 2019 was a year that proved many forecasters wrong. The economy remained strong, markets soared, and stocks continued their decade-long expansion.
This happened despite multiple warnings from analysts of an impending recession after the yield curve inverted over the summer, producing one of the biggest signals that growth was about to turn negative.
Demand for Apple Inc. AAPL, +1.00%: iPhone sales are poised to skyrocket thanks to new 5G devices, according to Wedbush analysts, who raised their price target to $350 from $325 and maintained its outperform stock rating in a Monday note.
Apple faced several challenges at the start of 2019, including smartphone competition, diminished demand in China, and a lack of 5G innovation.
Technical Analysis:
Apple Inc. holds buy signals from both short and long-term moving averages. Some negative signals were issued as well, and these may have some influence on near-term development.
A sales signal was issued from a pivot top point on Tuesday, December 17, 2019, which indicates further losses could be imminent until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock’s price action should be followed closely.
On downwards corrections, there will be some support that’s coming from uptrend line and 1.272% Fibonacci — which is one of its major support levels. It will be the fourth correction wave of the Elliott 12345.
Several short-term signals, along with a general uptrend, are positive and we conclude that the current level may be a good buying opportunity, as there is a fair chance for this stock to perform well in the short-term.
Resistance Zone: $280 - 290
Support Level: $260
Psychological Resistance Level: $300
Market Cap: 1260.645 B
Watch closely for our future updates to be the first to get well-timed trading signals!
We hope you have great success with all your next trades.
Nikolay Selling Apple $275 After Calling Best Market Rally Ever!Nikolay predicted one year ago making it public on social media that Apple share price would likely double while Wall Street was calling a bear market downgrading as Goldman Sachs. Since then, Goldman Sachs downgraded Apple three times. He also called RH to triple in 2019.
Apple stock continues to rally, $295 is the target! 100% in 2019Over the last 14-weeks, Apple stock has had 2 red weeks, and they've been almost negligible. The stock is up nearly 80% this year alone!! We can see the stock gain 100% by the end of the year if this continues, especially around the holiday season. Since Apple is on all-time highs, the only instrument to help us with the potential upside target is the Fib extension, we've used two different levels to identify levels at which Apple may get attracted to and/or stall.
The first target level is $275 based on the Fib extension from the impulse that brought price up to this high.
The second target is $295 based on the Fib extension from the move that managed to drop price heavily in December 2018.
Where could a trader get in? The logical level is where the last slight pullback happened and the broken high at $240-$250 however that is pretty far from the current price, if the equity market does see a pullback then Apple may be more prone to retrace.
Disclaimer: This trade idea is for educational purposes exclusively, this does not constitute investment or trading advice. TRADEPRO Academy is not responsible for any market activity.
Analysis of APPLE 28.11.2019The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero lines.
The oscillator Force Index is above the zero lines.
If the level of resistance is broken, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 267.40
• Take Profit Level: 269.00 (160 pips)
If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 266.00
• Take Profit Level: 265.00 (100 pips)
USDJPY
A possible long position at the breakout of the level 109.60
GOLD
A possible short position in the breakdown of the level 1452.00
USDCHF
A possible long position at the breakout of the level 1.0000
EURUSD
A possible short position in the breakdown of the level 1.0990
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.
Analysis of APPLE 15.10.2019The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero lines.
The oscillator Force Index is above the zero lines.
If the level of resistance is broken, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 237.50
• Take Profit Level: 240.00 (250 pips)
If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 231.60
• Take Profit Level: 230.00 (160 pips)
USDJPY
A possible long position at the breakout of the level 108.50
GOLD
A possible short position in the breakdown of the level 1487.00
USDCHF
A possible long position at the breakout of the level 0.9995
EURUSD
A possible short position in the breakdown of the level 1.1000