Applestock
$AAPL PROSPECTIVE ROUTES GOING INTO 2021Just taking a peek at the chart and running some fibs. If $AAPL continues to get upgrades and positive sale news we could see a parabolic run to ATH (All time highs). Market volatility indexes are low and if COVID starts to make more moves then we could see a spike and $AAPL will have a bear on its back as it makes its bull run. I will be updating this as the days go by. 125.50 is the break I am waiting for to unleash the coiled up price action before you. Everything is wound up tight, and stimulus news could send the market up and fuel $AAPL 's next run. If no Stimulus appears and lockdowns occur we could see a market pullback. This is only prospective so I will keep updating this. If you caught some of my prior videos from the days past we have been pretty accurate so far in our approach on $AAPL
AAPL (Apple) - no trend, indecision in the marketApple analysis:
* RSI is hovering around the 50 mark, a sign of lack of market direction (not over-bought or over-sold)
* Two touches of the support but price is still trying to move upwards. If we see a repeated return to that level (See ACTIVISION) then I would expect a brief sell-off - followed by buyers stepping back in and the current support acting as local resistance.
Action to take:
* Trendless market = bad conditions to trade. Keep monitoring the stock. Look for confirmation in either direction.
* Buying the support with a tight stop loss would be a good long-term entry
* Buying the first test of local resistance after it is broken = a superb entry for mid-term
Apple Stock will be stuckThe fair value of Apple stock is 112.94 $ per share. That based on the previous earning report released by Apple on Oct 29, 2020. Until, the next earning report which will be on Feb 02, 2021, Apple stock will be stuck in the range between 138 which will barely reach, and 102 $ which high likely will be reached. Once that date reached and based on the earnings report the stock is either will be appreciated and goes up or depreciated and goes down.
Apple chart buy and sell zones as off 11/15/2020Using 100 as bottom support level as well as a psychological level for investors with the buy zone ending around 106-107. still upside in charts from 107-111. from 111 to 119ish level. once stocks peaks past 120 in my opinion would be a level appropriate enough to start taking profits