Apple - A Correction Is Actually Inevitable!Apple ( NASDAQ:AAPL ) is preparing for a minor cycle correction:
Click chart above to see the detailed analysis👆🏻
After creating five consecutive bullish breaks and retests of the previous all time high, it seems like Apple is one of these stocks which is perfectly following technical analysis. Considering that and the current rising channel pattern, it is quite likely that we will now see a short term correction.
Levels to watch: $190, $240
Keep your long term vision,
Philip (BasicTrading)
Timcook
AAPL Apple Options Ahead of EarningsIf you haven`t bought AAPL before the previous earnings:
Now analyzing the options chain and the chart patterns of AAPL Apple prior to the earnings report this week,
I would consider purchasing the 220usd strike price Calls with
an expiration date of 2024-8-2,
for a premium of approximately $3.95.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
AAPL Apple Options Ahead of EarningsIf you haven`t bought AAPL before reaching all time high:
or sold the beginning of the retracement:
Then analyzing the options chain and the chart patterns of AAPL Apple prior to the earnings report this week,
I would consider purchasing the 177.5usd strike price Calls with
an expiration date of 2024-5-3,
for a premium of approximately $2.36.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
AAPL Apple and the DOJ Antitrust LawsuitAfter the previous price target was reached:
Warren Buffett has been a prominent supporter of Apple (NASDAQ: AAPL) in recent years. However, there is speculation that his enthusiasm for the stock may have diminished. In the fourth quarter of 2023, Berkshire Hathaway reduced its holdings in the tech giant.
This move occurred before the U.S. Department of Justice (DOJ) announced that it, along with 16 state and district attorneys general, was suing Apple for alleged violations of antitrust laws. The question now arises: Will Buffett continue to sell off Apple stock in response to the DOJ antitrust lawsuit — and should others consider following suit?
The complaint filed by the department in the U.S. District Court for the District of New Jersey outlined various allegations against Apple, including that the company:
- Prevented the availability of iPhone apps designed to facilitate easier transitions to alternative smartphone platforms for consumers.
- Hindered the advancement of mobile cloud streaming services enabling consumers to play video games without necessitating expensive smartphone hardware purchases.
- Excluded messaging apps on iPhones that seamlessly operate across different smartphone platforms.
- Restricted the capabilities of competitors' products in comparison to the Apple Watch.
- Constrained competing digital wallets by prohibiting apps from enabling users to utilize tap-to-pay functionality.
My price Target for AAPL is now $165.
Apple - Watch The TrendlineHello Traders, welcome to today's analysis of Apple.
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Explanation of my video analysis:
Starting all the way back in 2010, Apple created its first major higher timeframe break and retest. For many years we saw the same pattern on Apple stock which was simply a trendline rejection and a horizontal break and retest. With the recent breakout and retest I do expect more continuation towards the upside away from the confluence level I mentioned in the video.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
AAPL Apple Options Ahead of EarningsIf you haven`t bought AAPL here:
or shorted its exposure to China:
Then entered the Technical rebound:
Now analyzing the options chain and the chart patterns of AAPL Apple prior to the earnings report this week,
I would consider purchasing the $192.50 strike price Calls with
an expiration date of 2023-8-11,
for a premium of approximately $6.05.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
AAPL Apple Options Ahead Of Earnings Last AAPL chart was pretty accurate:
Now looking at the AAPL Apple options chain ahead of earnings , I would buy the $140 strike price Puts with
2023-2-17 expiration date for about
$3.35 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
AAPL exposure to Russia and ChinaThe U.S. warning China it could face devastating sanctions if it defies the ban on doing business with Russia!
This is a move that could have huge impact on American companies.
1.4% of Apple`s revenue comes from Russia, while 19% comes from China!
My price target for AAPL is $139.
Looking forward to read your opinion about this.
One more wave, and we are ready for the breakout. AAPLToday we will make a 4HS analysis on AAPL. The main structure we will be working with is the Daily Structure. That represents our current limits.
So, what can we see here?
The price is making an apparently "abcde" pattern above the previous ATH. At the moment, we observe "abcd." "e" is remaining, and it would be great to observe it so we can say with certainty, "The pattern is finished."
Let's assume that we have the finished pattern. What can we expect from here?
Using Fibo extensions, we can project two targets. Those would be the levels we will be interested in. As a general rule, we use the first fibo extension as a break-even level. And the 2nd one as a final target.
Hey, but you have the daily structure in the middle of all this!
Yes, that is absolutely true. You should be careful with that level; if you decide to trade, it would be smart to mitigate risk or be 100% risk-free. Remember that this is a statistical discipline; there is an X % of the price breaking the level and a Y % of the price bouncing there. NOBODY knows which of them will happen. However, that doesn't mean that we can not develop a setup in a situation where we have a good risk-reward ratio that is worth taking the uncertainty with perfect risk management (like 1 to 2%) of the trading capital.
Tell me about your activation and invalidation levels
Yes sir. The green horizontal line represents our activation level IF the pattern is completed (take that in mind). And below the "abcde" structure, we will define our invalidation level either to cancel the setup or to set the stop loss. Final Target 2nd level of the fibo extension.
With all this clear, we hope this can be useful. Remember: Always make your own math, and protect your money! Thanks.
$AAPL Is It Breakout Time? 6/14-15Video breakdown on $AAPL after parabolic run up to resistance. Most indicators are screaming oversold, and with inflation news ahead its important to tread lightly as we approach a breakout! I am leaning more towards a rejection, let me know what you think in the comments below!
APPLE (AAPL) | Channel up pattern + MA100 support+ Channel up or Rising channel or ascending channel or whatever f you call it pattern
+ Apple M1 architecture is a game changer. Watch out Microsoft
- Rising bond yields (Technology sector sell down)
+ Dividend increase news
+ Good entry price
+ Plan your trade per your risk tolerance
$AAPL INVERTED HEAD AND SHOULDERS BREAKOUT!Seeing a Inverted head and shoulders on the hourly! Watch $SPY as I saw some divergence between the two. We ended the day with a Bullflag on the hourly as well. With volume and the market movement in our favor we should hit my target of 134.25
On the higher time frames $AAPL is Creating a Possible Cup and Handle so this could be the catalyst for continuation! Will be watching this tomorrow below!
Looking to day trade or scalp with options.
AH movement looks good as well