Iphone
AAPL needs a push from $SPY to continue after the break.If you watched my last video I set two levels as my prediction from AAPLS range today. It respected it well. Other Tickers such such as $NIO and $CVS which I Signaled in my channel. Held up well against the markets downside today. AAPLs divergence stayed true today as we saw a tight range , but regardless we continue up I believe. If you are long on AAPL make sure you are well hedged with UVXY or VXX calls. If i am bearish on this i am looking for a retest of the previous resistance turned support. The market makers are strong...but are robinhooders stronger?
APPLE Apple analysis.
Change of trend?
Possible changes are marked with yellow arrows, bullish and bearish: until a distant support or bearish; and bullish until new resistance.
We will see these movements in the coming days, where there will be great volatility in the financial markets, for this it has marked supports and resistances.
Sincerely L.E.D Take care!!
In Spain at 20/10/2020
Make or Break Time for Apple?This week has been all about Apple. It jumped on Monday amid iPhone 12 optimism, hit a wall and has been consolidating since.
This brings up an important level on multiple time frames.
First, on the weekly chart, AAPL’s high the week ended September 11 was $120.50. Monday’s rally broke above it and today’s pullback revisited it. This level could be very important. Will old resistance become new support?
Second, on the daily chart, AAPL is holding above moving averages like the 21-day exponential (EMA) and 50-day simple (SMA). These lines are unusually close to each other, which creates the potential for a bullish expansion. Look back to August-September 2019 for a similar pattern:
Third, the hourly chart shows AAPL opening below $119 but quickly rebounding. If it manages to claw back above the $120.50 weekly line, it could be a false breakdown. (Also potentially bullish.)
Earnings are due in exactly two weeks. Coming sessions will likely bring increased chatter and potential early readings of interest in the new iPhone.
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APPLE Price upgrade Apple waiting for this breakout of this downtrend. we have a gap down at 117.06 but with earnings coming up i think apple will continue to rally! 130 PT next week 135 end of month . we had a run from 113-124 with iphone event expecting the same coming up to earnings. If we can break and hold above resistance at 124.50 we can see a move to 130.
Im in $125 C exp 10/23
Nasdaq Reasserts Itself vs. the Russell 2000One common pattern this year has been sporadic rallies in the Russell 2000 , followed by longer periods of malaise. We saw it in June, early August and again in the last 1-2 weeks. Each time, it’s been followed by a shift back to Big Tech, Growth and the Nasdaq-100.
The same process seems to be happening right now. This chart shows our Smart Relative Strength indicator, comparing the Nasdaq-100 to the S&P 500 with a 21-day interval. Notice how it started turning positive last week and has continued since.
There are some other bullish signs for the Nasdaq. One is the bounce around 10,800. This was an important consolidation zone in July following a large engulfing candle.
Another potentially bullish sign is the way prices snapped back above the 50-day simple moving average (SMA) on September 28. It’s held that line since amid some retests below. NDX also held the 21-day exponential moving average (EMA).
Finally, MACD is now rising.
The Nasdaq didn’t have a lot of catalysts in September, and its heavy price action reflected that. Now with Apple ’s product launch and Amazon Prime Day tomorrow, price action is starting to perk up.
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Apple Swing Idea Apple 4HR Chart... I see an inverse head n shoulders forming waiting for that break of the yellow line for it to complete. We are sitting at the bottom of the channel with lots of room to run up. I'm looking to get into some call options expiring 10/16/20 expecting to see a move up to 125. We could drop within these next few days to 96.33 to fill that gap down.
Apple AAPLHello good afternoon receive a fraternal greeting.
I'll analyze them by Apple in the medium term.
MAXIMUM, 1RESISTANCE. 137.64$ 2 RESISTANCE. $110.38
.......................................... Support. $100 VERY IMPORTANT LEVEL ..................................................
Possible movements these weeks blue arrows 1 rise to second resistance, 2 correction vulve to resistance, 3 reaches support 100$ does not break it.
From there climbed to support, correction... --------and create 4 DOUBLE FLOOR and trend change the W-----------
I hope that you and your loved ones will be well, receive a cordial greeting, from the social distance of security, thank you for your support always. BE SAFE
Sincerely in Spain at 23/09/2020
Apple May Be Oversold Before Tomorrow’s Event Apple has had a sharp pullback after splitting its stock. Now some new catalysts are in focus with the product event tomorrow and potentially new iPhones later in 2020. Let’s study the chart before Tim Cook takes the stage at 1pm ET on Tuesday.
First, stochastics show AAPL is the most oversold since late March. That alone might grab some attention.
Next, AAPL has been holding around $110. This is near the (split-adjusted) low from the week of August 10-14. It’s also near the low after the big selloff week of August 31-September 4.
Interestingly, last week’s low of exactly $110 was $0.89 under the previous week’s low. However, it quickly bounced and closed above it: a false breakdown.
The weekly chart also highlights the large spinning-top/doji candle. That halted the advance of both AAPL and the Nasdaq at the time, but they’ve been holding the bottom of that candle since.
These patterns potentially suggest AAPL has found a bottom for now, with the possibility of upward momentum continuing as new products and services roll out.
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Apple: Rebound on the 1D MA50. Targeting $400 - 420.AAPL hit last month our $350 Target we set on October 2019 when the price was trading at $229:
We are turning buyers again on Apple as on the 1D chart (RSI = 54.619, MACD = 7.940, ADX = 38.567) the price made a strong rebound on the MA50 (the blue line). On top of that, the RSI made its own rebound on the 47.00 Buy Zone which combined with the MA50, have always provided a push and the optimal buy entry since August 2019. This is a 1 year pattern and therefore quite reliable.
Our Target Zone is 400.00 - 420.00, which is practically the Resistance region provided by the Higher Highs trend-line since the May 2019 High.
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Coronavirus will hit hard... Must be patient with AppleWould I buy Apple right now? Not yet. Coronavirus will have a major impact - murmurs of iPhone12 delays and supply chain pinch. However, there is no question Apple's strong cash balance (exceeding $200Bn) will push them through this crisis. It's important to note that Apple shouldn't be considered cheap quite yet (current P/E ratio: 19.39 -> down from P/E ratio: 25.67 in February). It's Cheaper but I'd look for it to come down to near $220 before I build my position. BE CAUTIOUS, BE PATIENT, AND THEN BUY