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NFLX

AAPL's Bull case and Bear case.This is going to be different this from my other posts, are gonna be more unbiased and diving deeper into AAPL. As you can see from the arrows, it showed when the stock broke out of either downward wedge pattern or consolidation or continuation pattern. Both of these are considered bullish with the continuation cases like AMZN consolidating then broke off and also in this case too, AAPL, which broke to new all-time highs a month past today. Currently, AAPL is in both a short continuation pattern and also a downward wedge. If AAPL holds this position and does not fall threw below the 130s, it has formed a double bottom pattern. This is also a bullish signal in it itself. The MACD diverges again and again, which is also bullish. Now as I am always talking about being bullish, let us talk about the bear case or why it will fall. AAPL currently is depending on iPhone sales for the company to grow, which is a disadvantageous position as if AAPL makes a bad iPhone, expect it will drop 5 or 10% after earnings. As AAPL is attempting to diversify into the services sector, it has hurdles to overcome like in the streaming sector, it is trying to break through into it but the current dominator in that space are Netflix and Disney. While with both its pros and cons, I believe that AAPL is an amazing company to invest in as rest assured, the odds that AAPL will go bankrupt are lower than you getting struck by lightning than getting slapped in the face by a middle school student, who is wearing heels and just ate Japanese food, which came from a gas station. It has a lot of cash in hand or $195.57 billion in cash on hand. Big companies like Berkshire Hathaway and other tech companies invest in it so rest assured, you will not lose all your money if you put it in aapl. In conclusion, I am bullish on apple and will continue doing so and continue investing in it, even if the markets are a tad overvalued. Warning! I am not a financial adviser and take this with a grain of salt. Happy trading and investing and make sure to hit follow and like and comment on this post to get this out to more and more people! Good luck on all future endeavours everyone !!!
NASDAQ:AAPLLong
by informalStar16695
3
PLTR set to flyBullish bat pattern complete. My last bullish bat on EXPR scored some nice profits, will PLTR line out to do the same? PLTR rsi is oversold, possibly pinned off the 200MA. I waited for it to start rising out of the bat here and will wait a bit more for entry long on this bullish bat pattern. My entry is the buy signal that I set to alert me on my iphone as I sit on my private yacht... one of those may be a half lie.. Good luck traders! If you like this idea and the others please share and be sure to hit that like/follow button for more!
PLong
by Verum0
5
NFLX better get your popcorn Time to netflix and chillout or time to breakout... I am expecting a breakout here.. Consolidating for a few days now after filling out this pennant, sitting above the 200MA indicating it is still holding positive momentum and bullish divergence on the MACDs. I will be looking at this to break above the trend line and load calls upon price action, or you can apply an area of value trade and buy in the ellipse and set stop losses at last support. Popcorn is almost ready, will you be!?
NASDAQ:NFLXLong
by Verum0
5
ROKU Short Opportunity! Thanks NFLXRoku is setting up for a 418 test with a possible sell off to 407 lvl tomorrow 1/20/21 . We can see a double test of the 426 support area with nice bounces each time. Another tell is the follow through of the bounce at the 426 area, todays bounce puttered out at 435 with no continuation. My plan: 1/22 420 put (3.4/3.65) on 426 lvl break (quicker momentum play) 1/29 405 put (5.45/5.55) *ideally I would like ROKU to rally at open 430-437 range before failing, I will look to begin entering puts then Indicators: - MACD cross over on 30 min chart. - Daily RSI overbought, MACD beginning to head down - approaching a LVN on volume profile, Daily POC in showing stronger price action at 411 area Sector Divergence: from 1/4 to 1/19 NFLX fell to a max of -10% (touching 485 area) , in that same time period 1/4 to 1/19 ROKU exploded 41%! It rode the back of price upgrades and sector hype but now we see that flowing into NFLX today! levels provided by EliteOptions
NASDAQ:ROKUShort
by DOpeTrades