Appleshort
Apple near All-Time Highs!Hello, Traders!
Monfex is at your service and today we overview AAPL.
What do you expect from Apple ?
Loud presentation, nothing special, no new products, no revolutionary technologies... Stocks simply continue to grow, the artificiality of this growth is very felt.
On the chart, we see how a small bullish flag was formed, inside a large ascending channel, which is aimed at the previous highs and highs for the entire history of Apple of trading on the stock exchange.
A deep triple bearish divergence is visible on the RSI indicator, which gives us reason to doubt the continued growth of such a strong mark of price resistance.
The expected reversal is possible near the zone of annual resistance of the zone and at the resistance of the ascending channel, upon reaching which it will be an overly strong sell signal!
By breakout the support line we can assume a target near ~ $146.
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.
Apple: Set to Get Blasted From USA-China EscalationContrary to what has be touted in the last 10 years, not every dip is a buying opportunity. Do NOT fall for this concept, especially in today's geopolitically tense landscape.
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With the latest round of China-USA escalation where now the "talk and bluster" has inevitably turned from a trade-spat into an utmost full-blown trade war, Apple will get decimated over the next 4 months with its stock plummeting to December 2018 lows at the least. Rumors have now surfaced today (Sunday) that China will further escalate the trade war even further since Trump's retaliation from Friday's Tweets.
Apple is not the only tech company that will get blasted - Micron and Nvidea are two other giants that will get hit tremendously.
In-between the downtrend there will be some bounces from perhaps fake news of trade neutrality, rate cuts from ECB/Fed and so forth. However, I certainly do not advise anyone to be "long" in any tech player.
Play smart. Play safe. For the next while SQQQ is a strong option to short the tech sector during this trade war.
- zSplit
APPLE (AAPL) Short OpportunityHi guys its Brian here with a Short setup for APPLE (APPL)
As you can see from the chart, APPL is falling down hard for 3 days straight. Long red bars like these indicate that there is a lot of volatility and selling pressure and the price is very likely to continue dropping further.
I have identified a good price level to take profit for the short term and longer term as well.
Take Profit: 190
TP2: 180-183
Stop Loss: 210.3
www.brianchai.com
Free Trading Group (signals, news, price alerts & more!)
AAPL LONG 1 Day Chart Trades in the clutches of the trendlineHello to all watching my charts
Today i will bring to you something new in my chartbook
Apple AAPL as a stock chart in 1 Day so we look at a longer timeframe
So every red step is 1 day.
As we are able to see, these stock trades very fine
in direction of the trendlines which has been established
SHORT after brake of resistances 212 USD
LONG after shorttrendline broken and new high 158 USD
SHORT after trendline broken and lower low 197 USD
LONG after trendline broken and higher high 181 USD
You could have made some money here.
If you are interested in more Stock charts on day charts
let me know.
If you want to support my work and my charts please like them..
Good trades
Renkotrade
$AAPL, Should investors panic over share slide?The culprit is US policy, trade war frictions, and the dollar. If Chinese revenues continue to decline, it will have an overall impact on Apple. So I think the investors expect the continuation of the conflict and therefore selling shares ~$190 while they can...
In my view the chart shows the negative investors sentiments.
Support ~ $160 - $165
Resistance ~ $190 - $200
Prediction ~ $150 per share by EOY.
GL.
Apple! Into the watersQuick TA on APPLE
For those who've heard all the news on the techstocks and antitrust FUD, here's the TA.
The bigger picture indicates lower highs, maxing out at $215 in April, with MACD, ADX, and RSI printing a strong downward trend since. With prices trending below the Moving Averages, it is clear that the downward price action is in full swing. As per my last TA, price action has failed all three Moving Averages showing little sign of slowing down.
Nonetheless, these are lagging indicators, and for those still bullish on the fundamentals, you might be on a lookout for a reversal. Some key levels that you should be watching are the 23% fib retracement and the possible 'double bottom' at $140 level.
Again, remember that the trend is your friend, unless you're a pro at sniping counter-trend opportunities.
APPL looking bearish!Welcome to this quick analysis on APPLE!
Proceeding from the BREAKOUT from an upward channel in Jul 2018, we've seen a double topping pattern at 235, followed by a quick retracement and downward capitulation back down 140. In the past week, we've seen price action desperate to retest the 200MA (in red), only to fall back to the 100MA (in orange) - unlikely to prove itself as a strong support indicator, my best guess is for more downward momentum to ensue.
Don't be fooled by the oversold RSI, as the MACD seems to be rolling over, indicating a downtrend in full swing. Cross reference this to the weekly charts, the lower bound expected would be at the 150 range. Over the longer term, my best guess would be for a large wedge to form as price action stabilises.
“William tell, William tell, Take your arrow, grip it well...And then: ‘A contest! Fun for all! '
Let William shoot his famous bow
At distance great and target small
And by so doing he can show
He need not bow nor ever fall
Upon his face before us all
At last a target did unveil
An apple at one hundred yards
Sir William's face grew ghastly pale
He ne'er suspected such dark cards
The apple sat on Walter Tell
The humble son of William Tell
And fixed the arrow for its flight
'No need to shoot! Just simply bow! '
Said lords who thought they'd won the fight
Against Sir William Tell who now
Should slay his only son; but right
Prevails against the darkest night
The arrow flew, but none could tell
If apple pierced or humble son
Until one or the other fell
Determined contest lost or won
The dart flew like a bat from hell
Toward Walter, son of William Tell
The apple split with such a force
No trace of apple could be found
But all the country changed its course
No longer serfs to lords were bound
And freedom rose upon the shores
Because Sir Tell refused the lords
Apple Inc (AAPL) Is Already Falling, Crash Ahead! (UK)Apple Inc (AAPL) is already falling and is now trading below EMA10, after breaking it with high volume.
In 2019 AAPL felt below EMA10 twice only to quickly bounce and continue with its uptrend, so what's the difference now?
The first time this happened was back on the 24th January, the second time on the 7th March, each time volume wasn't strong enough. The break we see today below EMA10 is supported by big volume which means that AAPL can continue falling.
On top of the high volume break of EMA10, we also have a very strong and nasty bearish divergence as a well as a rising wedge pattern (purple line).
All of the above signals are telling us that Apple Inc can go lower, in fact, if it breaks below EMA100 (blue line), AAPL is very likely to break below the low that was hit on the 3rd Jan.
Conditions for change: If AAPL breaks above EMA10, some of these signals become invalid. If AAPL breaks above 208.29 with good strength and volume, then the entire analysis above becomes invalidated and a new one is needed. For now, AAPL is bearish and going down.
This is not financial advice. All information here is shared for entertainment and educational purpose only, trade at your own risk.
And remember to hit like of course... If you want to.
Namaste.
RECESSION is coming, run for the APPLE trees.Price is currently at strong resistance, we can only see a bearish move possible to our red resistance zone in the next few weeks.
This is due to the state of the US economy and the weakening strength of the stock market, the stock markets are in a bearish mood this week and this is because people are starting too get scared and realise what a mess Trump is causing.
A recession is just around the corner and when people have no money they cant spend it on fancy gadgets, the only apples they will be buying are the ones that grow on trees ;p