New Temporary HighWe are rising in the short term at least. Now we have exceeded the cloud. After the downward correction of the rise from beginning of November we got a new high 5 hours ago. So we can assume that we may rise further.Longby motleifaulUpdated 4
AAPL heads up at $240: Breakout Barrier on way to $257 and TOP?AAPL finally trying to break out to new highs. Watching the BreakOut Barrier above for clues. Double Golden Fibs would make for a nice TOP. $ 239.41 - 241.19 is the BreakOut Barrier. $ 248.86 - 248.72 a quick breakout target. $ 257.41 - 257.86 Double Golden is the KEY. ========================================= .by EuroMotifUpdated 6
Apple is on the riseApple stock has met resistance 2x. Now is it resistance or a chance for a new high? After a wedge break out, wait for confirmation for the next move. Use retest level as an entry. You can make a 10 pip move. 30 pips (more risk) or use the structure of the wedge for the TP (take profit). Check the premarket value for an early insight. Happy trading. by Blondelady19711
APPLE: Short Trade with Entry/SL/TP APPLE - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short APPLE Entry Point - 242.84 Stop Loss - 246.57 Take Profit - 235.15 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals117
APPLE Trading Opportunity! SELL! My dear friends, Please, find my technical outlook for APPLE below: The instrument tests an important psychological level 242.82 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 236.87 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK Shortby AnabelSignals114
$AAPL LongApple trending higher after the election on November 5th and approaching the upper trend-line for a breakout trade. There have been three prior attempts at the trendline with each candle closing green. The 9 day EMA crossed the 50 day EMA upward which is a bullish crossover indication. Next week being a short week due to the holidays. There can be a potential squeeze if the volume is there. A break of the trend-line and Apple is targeting 235 and then all-time highs. Trend-line breaks at 230. First level of resistance can be around 233.47 and then 235. Not Financial Advice.Longby Cash_Noir30Updated 4
Apple Doesn’t Want to Fall From The TreeNASDAQ:AAPL JUST made a new all time high and we are currently at price discovery! Any retrace toward $239’s - $238’s should be bought. There’s huge bullish momentum behind and this levels which aligns with previous highs, should hold. If for some reason we get a steeper retrace then re enter at around $230’s for the ideal ENTRY which is not guaranteed taking into account current price action. Longby ZelfTrade6
AAPl final breath ?i am shorting now from here and will be adding around 250 if reached with a Stop confirmation above 250 Shortby lell03125
AAPL Ready for a Breakout Following ConsolidationSummary: AAPL has displayed impressive strength over the past several months, consolidating in a tight range and maintaining a bullish posture. The stock has recently held firmly above the NETGEX level for multiple sessions, signaling robust support and momentum. Breakout Potential: Currently trading at $243, AAPL is approaching critical levels, with $245 and $250 identified as key resistance areas. The $250 level aligns with the highest NETGEX and call wall, making it a pivotal target for a potential breakout. If the stock clears these levels with volume confirmation, it could initiate a multi-week upward trajectory. Support Levels: Should AAPL face any pullback, $240 is likely to provide strong support, reinforcing the stock's bullish structure. Additionally, the $227.5 level is a critical threshold—anything above this area will maintain the overall bullish outlook. Key Levels to Watch: Support: $240, $227.5 Resistance: $245, $250 (NETGEX high/call wall) Conclusion: AAPL's consolidation phase appears to be nearing its end, with a breakout becoming increasingly likely. The $245-$250 zone represents the next significant challenge, while $240 provides a strong base for continued momentum. Keep an eye on these levels for confirmation of the next leg higher. A breakout above $250 could mark the start of a sustained, multi-week rally, especially considering December seasonality. Longby PureDelta6
Apple Poised to Reach $300 - Fundamental and Technical AnalysisApple Poised to Reach 300 - Fundamental and Technical Analysis Today, we will analyze Apple from a technical and partially financial perspective. Reviewing all quarters of Apple's performance, we consistently see positive results. Apple is a company whose stock has been steadily growing. Apple has reported its highest income in the first quarter of every year. Technical Analysis: Each time the price has broken out of the pattern, a new upward wave was created, reaching a new all-time high. This time, Apple has just broken out of a large accumulation phase that lasted about 140 days. It appears that a new upward wave is beginning, potentially driving Apple to reach 300. You can watch the video for further details! Thank you:)Long09:06by KlejdiCuniUpdated 4431
Apple (AAPL) Stock Hits Record HighApple (AAPL) Stock Hits Record High The Apple (AAPL) stock chart reveals: → Yesterday’s closing price exceeded $242 for the first time in history. → The stock has risen nearly 30% since the start of 2024. → Over the past 30 days, it has gained approximately 9%. Dan Ives, an analyst at Wedbush, commented that: "Wall Street is beginning to grasp that the iPhone 16 marks the start of a supercycle." According to his insights shared via Barron’s: → Sales in China remain robust. → New AI-powered features in the iPhone 16 could drive over 90 million users to upgrade. → This could lead to a record-breaking year for iPhone sales and push Apple’s market capitalization to $4 trillion by 2025. Ives has set a price target for AAPL at $300—roughly 23% above current levels. But is now the right time to invest in AAPL stock? Technical Analysis of AAPL’s 4-Hour Chart: → The RSI indicator is in the overbought zone. → The price is near the upper boundary of an ascending channel (marked in blue), which formed after the company introduced Apple Intelligence in June. This positioning suggests the stock may be vulnerable to a correction. If that occurs, the price could test the $236 level, which previously acted as resistance (as shown by arrows). According to TipRanks: → 23 out of 33 analysts recommend buying AAPL stock. → The average 12-month price target for AAPL is $243. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen11
AAPL Approaching Key Resistance: Game Plan for Dec. 4, 2024AAPL is showing a steady uptrend, respecting an ascending channel on the hourly timeframe. With volume building and technicals aligning, this could be a key moment for traders to plan their next move. 1️⃣ Price Action & Chart Analysis * Trend Channel: AAPL is moving within a rising channel, bouncing off the lower trendline and heading toward the upper boundary. * Key Levels: * Immediate Resistance: $243 * Support: $240 and $238.90 Expect potential consolidation or a breakout if $243 is breached with volume. 2️⃣ Liquidity Zones & Order Blocks * Liquidity Zone: $240–$243 is a critical zone where significant buying pressure has been observed. * Order Block: The demand zone around $238.90 aligns with a previous accumulation area, making it a solid support level. 3️⃣ Scalping Strategy For intraday scalpers: * Entry: Look for a breakout above $243 with strong volume confirmation. Target $245 for a quick trade. * Stop-Loss: Set a tight stop below $242 to limit downside risk. * Alternative Play: Wait for a pullback near $240, entering long if support holds. 4️⃣ Swing Trade Strategy For swing traders: * Entry Option 1: Buy near the lower trendline at $240 if support confirms. * Entry Option 2: Breakout above $243, aiming for $245–$250. * Targets: Initial target at $245, extended target at $250. * Stop-Loss: Below $238 for swing entries to ensure risk management. 5️⃣ Momentum & Indicators * MACD on the hourly chart is bullish, showing momentum building as the price approaches resistance. * Volume is gradually increasing, signaling interest from buyers. Game Plan for Tomorrow * Scenario 1: If AAPL breaks above $243, enter on confirmation with volume, targeting $245 and above. * Scenario 2: If it fails to break $243, prepare for a retest of $240 or $238.90 for long opportunities. Disclaimer: This analysis is for educational purposes only and not financial advice. Always do your research and trade responsibly. by BullBearInsights9
Apple ascending triangle breakout!Broke out of the 'Ascending Triangle' targeting a push to $249.00. Still has room to runLongby NateTradesStonks0
AAPL new record high breakoutAscending Continuation Triangle breakout to new highs. An uptrend is in play. A stop below the rising supporting trendline offers a good risk/reward. Longby ChristieCapital0
APPLE BULLISH BREAKOUT|LONG| ✅APPLE is trading in an Uptrend and we are now Seeing a strong bullish Breakout of a key horizontal Level of 237.50$ which reinforces Our bullish bias and we will Be expecting a further Bullish move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅Longby ProSignalsFx116
AAPL near top around $243, pullback to $234MODs have suggested that I provide more detail about the picks I make. Sorry. I'm not as verbose as y'all, and I don't like things to be complicated. My trading plan is very simple. I buy or sell at top & bottom of parallel channels. I confirm when price hits Fibonacci levels. So... Here's why I'm picking this symbol to do the thing. Price at or near top of channels (period 100 52 39 & 26) Stochastic Momentum Index (SMI) at overbought level VBSM is spiking positive Price at or near 2.618 Fibonacci level Buying puts or NASDAQ:AAPD when price reaches or exceeds $242 NASDAQ:AAPL downside target would be $234 or channel bottomShortby chancethepug222
AI-Powered Ascent: Apple’s New Siri Features Fuel PushApple is showing strong bullish momentum, positioning the stock to break through the key $237.23 resistance level and head toward the $250 target. This move is supported by the upcoming product cycle, particularly the launch of the new iPhone with AI-driven features, which is expected to drive significant consumer demand and boost the company’s revenue. For short-term traders, a stop-loss at $213 allows for a strategic entry, capturing the upside potential while managing risk effectively. In the longer term, Apple has even greater growth potential, with a target of $300 on the horizon. The company’s continuous innovations in AI, wearables, and services are anticipated to strengthen its ecosystem, setting it apart from competitors. A $195 stop-loss is suggested for those holding a long-term position, providing a safety net while allowing for upside as Apple capitalizes on the AI-driven growth in its product lines. Given the strong product refresh cycle and solid fundamentals, now is an excellent time to take advantage of Apple’s bullish momentum as it marches toward both $250 and $300 in the future. NASDAQ:AAPL Longby The_Trading_MechanicUpdated 1
What Are 52-Week Highs and Lows, and How Do Traders Use Them?What Are 52-Week Highs and Lows, and How Do Traders Use Them? The 52-week high and low are crucial metrics in stock trading, providing insights into a stock’s performance over the past year. These levels offer valuable guidance on potential breakouts and reversals. In this FXOpen article, we’ll explore their importance for determining reversals and breakouts and examine this with a couple of examples. Understanding 52-Week High and Low The 52-week high and 52-week low represent the highest and lowest closing prices for a stock over the past year. Note that this means the previous 52 weeks, not year-to-date. This metric is crucial for traders and investors as it provides a longer-term perspective on a stock's performance, helping them assess potential trading opportunities and market sentiment. The 52-week high is often seen as a resistance level, where a stock's price struggles to rise above, while the 52-week low is viewed as a support level, where the price tends to stop falling. These levels are based on the daily closing prices, which means a stock might touch these levels intraday but not close at them. 52-week high stocks typically indicate bullish sentiment, given that strong momentum must be present for it to retest its 52-week high. Likewise, strong bearish sentiment and investor pessimism likely exist in 52-week low stocks. It is highly significant when a stock either closes beyond or is rejected from these levels. A study titled “Volume and Price Patterns Around a Stock's 52-Week Highs and Lows: Theory and Evidence” found that small-cap stocks crossing their 52-week highs experienced average excess returns of 0.6275% in the following week, while large stocks saw gains of 0.1795% in the next week. Importance of 52-Week High and Low in Trading The 52-week high and low levels serve multiple purposes, guiding traders and investors in various ways. Traders use the 52-week high and low to anticipate either potential breakouts or reversals. As stated, there is likely to be some strong momentum pushing the stock to these range limits, but that doesn’t necessarily indicate a future breakout. Reversals, at least in the short term, can be common as these levels indicate a previous extreme in price and are often watched by traders for areas of strong support or resistance. Reversals typically occur as traders take profits or enter long/short positions, considering the stock oversold/overbought. They also act as psychological benchmarks. Stocks nearing their 52-week highs or lows often attract plenty of attention, with some anticipating that the level will be traded through and break out. Stocks trading near their 52-week lows may present opportunities for value investors if they consider the underlying company to be fundamentally undervalued. Lastly, the 52-week high and low provide a broader context for assessing a stock's volatility. A narrow spread between these levels indicates lower volatility, while a wider spread suggests higher volatility, helping traders gauge the risk associated with a particular stock. Determining Reversals or Breakouts at 52-Week Highs and Lows The 52-week high and low levels are significant markers in stock trading, indicating potential areas of strong support or resistance. Here, we delve into identifying reversals and breakouts at these critical junctures. To gain a deeper understanding of these factors, consider following along in FXOpen’s free TickTrader platform with our real-time stock charts. Reversals Here are the most common trader’s tools that can help you identify trend reversals at 52-week highs and lows. Candlestick and Chart Patterns Reversals often manifest through specific candlestick and chart patterns. Common reversal patterns include the doji, hammer, and shooting star. Less commonly known but equally significant are patterns like the evening star and abandoned baby. For instance, a doji or series of dojis at the 52-week high suggests indecision, potentially heralding a reversal as buyers lose momentum and sellers start gaining control. Price Action Analysing price action involves observing how the stock behaves around the 52-week high or low. If the price struggles to break through these levels over several days, forming reversal patterns or showing indecision, it indicates a likely reversal. Intraday breaches that fail to close beyond these critical levels on the daily timeframe often suggest the same. Volume Analysis Volume plays a crucial role in confirming reversals. A decline in volume as the price approaches the 52-week high or low suggests diminishing interest and the possibility of a reversal. Also, a surge in volume as price reverses might confirm the exhaustion of the current trend. Fundamental Analysis Fundamental analysis involves evaluating the company's financial health and broader market conditions. For instance, if a stock is nearing its 52-week high amid a broader market trend, such as the AI boom in 2024, rather than strong company-specific performance, the high might not be sustained. This misalignment between valuation and fundamentals can lead to a reversal as investors evaluate whether the stock has the capability to sustain a breakout. Recency of High or Low The timing of the 52-week high or low is crucial. Levels reached months ago are more likely to prompt a reversal compared to recent highs or lows. Long-standing levels draw more attention from traders, increasing the likelihood of a reversal when these levels are retested. VWAP Analysis The Anchored Volume Weighted Average Price (VWAP) is a valuable tool for identifying potential reversals. Anchoring the VWAP to the start of the year or decade and monitoring 1x, 2x, and 3x standard deviation bands can highlight overbought or oversold conditions. Stocks nearing their 52-week high or low and brushing against the second or third standard deviation bands (covering approximately 95.4% and 99.7% of data, respectively) can be strong candidates for a reversal. Breakouts Breakouts can also be confirmed with various tools. Breakout Candlestick and Chart Patterns Breakout patterns, like the marubozu, indicate strong momentum. Patterns with minimal wicks suggest decisive moves through the 52-week high or low, signalling a breakout. The inside bar candlestick pattern at these levels can also confirm breakouts, as can chart patterns like a flag, triangle, or pennant. Price Action Breakouts are typically characterised by prices moving through the high or low without significant resistance, often indicated by long candlesticks with minimal wicks. Persistent testing of recently established levels, where the price lingers near the high or low, without signs of reversal, supports a breakout scenario. Volume Analysis High volume generally confirms breakouts. A substantial increase in volume as the price moves through the 52-week high or low suggests strong trader interest and can confirm the breakout. Fundamental Analysis Fundamentals can support breakouts. Positive earnings reports, bullish forward guidance, or favourable market conditions align with breakouts. These factors underpin the stock's ability to sustain its move beyond the 52-week high. At the same time, disappointing fundamentals may trigger a breakout beyond the 52-week low. Recency of High or Low If a stock revisits a 52-week high or low reached only a few weeks, it can indicate strong momentum, favouring a breakout. Frequent retests of these levels within a relatively short timeframe reflect a persistent willingness to move past these barriers, given that it wasn’t long ago that price was previously rejected from the area. Examples of 52-Week High and Low Trading These are some examples of 52-week high and low trading. Example 1: Microsoft (MSFT) - 52-Week High In 2023, Microsoft experienced a robust uptrend, significantly fueled by the third phase of the partnership with OpenAI, the creators of ChatGPT, that was announced in January. This bullish sentiment surrounding AI technology drove Microsoft's stock to a 52-week high in July. Following a trough after this peak, Microsoft's strong earnings report in late October exceeded market expectations and revitalised the stock. As Microsoft approached its previous high, the stock showed some signs of indecision, including a spinning top as it attempted to close above the 52-week high. It eventually closed that day higher before plotting a strong marubozu candle, signalling strong buying interest. When traders eventually took profits, the stock briefly declined. However, Microsoft resumed its upward trajectory. Example 2: PayPal (PYPL) - 52-Week Low While initially buoyed by the COVID-19 pandemic’s loose monetary policies, PayPal's stock began declining sharply in 2022 as interest rates rose to combat inflation. The stock reached a 52-week low in July 2022. After reporting earnings in early November, PayPal bounced but struggled to make meaningful gains above prior highs. In December, it traded below its earnings low and 52-week low, forming a hammer candlestick—a potential reversal signal—while showing signs of indecision at this level. However, PYPL didn’t linger here for long; it reversed course with a couple of green marubozu candlesticks and a gap higher, indicating strong upward momentum and a potential entry signal. Despite climbing higher after this low, the stock peaked in early February, failing to reach its previous November high. Over the following months, PayPal ranged near its 52-week low. In May, PayPal's earnings beat some expectations but highlighted weak margins and increased competition, damaging future optimism. This resulted in a gap down and strong bearish marubozu candles in the subsequent days. While there wasn’t a significant breakout after the 52-week low was traded through, the lack of a quick reversal gave traders a strong indication that PayPal was likely to remain bearish. Subsequently, PayPal briefly retested the pre-earnings range in July before the bearish trend continued and the new 52-week low was breached again. Potential Risks and Considerations Trading based on 52-week highs and lows carries several risks and requires careful consideration: - False Signals: Price movements can sometimes give false signals, leading traders to believe a breakout or reversal is occurring when it is not. For instance, a stock might temporarily breach its 52-week high but then reverse sharply, trapping traders in unfavourable positions. - Market Sentiment Overload: Relying too heavily on 52-week highs and lows can lead to overemphasising market sentiment. This might cause traders to overlook other crucial factors, such as economic indicators or sector-specific trends that could affect stock performance. - Volatility: Stocks at these critical levels often experience increased volatility. Sudden price swings can lead to significant losses, especially if traders do not use appropriate risk management strategies like stop-loss orders. - Fundamental Misalignment: A stock reaching its 52-week high or low might not always reflect its true value. External factors such as market hype or short-term news can drive prices, leading to misalignment with the stock’s fundamental value. For example, during the AI boom in 2024, many stocks surged despite having weak underlying financials. The Bottom Line Understanding and utilising the 52-week high and low can enhance stock trading strategies by providing insights into market sentiment and potential price movements. By incorporating these metrics, traders can make wiser decisions about breakouts and reversals. Open an FXOpen account today to start leveraging these crucial trading indicators and enhance your market analysis capabilities in over 600 markets. FAQ What Does the 52-Week High and Low Mean? The 52-week high and low represent the highest and lowest prices at which a stock has traded over the past year. These levels help traders and investors gauge market sentiment and identify potential support and resistance points. They provide a longer-term perspective on a stock’s price movements and are important indicators in technical analysis. How to Calculate the 52-Week Range? To calculate the 52-week range, identify the highest and lowest closing prices of a stock over the past 52 weeks. This data can typically be found in the summary section of financial news websites or stock market tracking apps. The 52-week high is the highest closing price, and the 52-week low is the lowest closing price within this period. Why Is a 52-Week High Important for Stocks? A 52-week high is significant because it indicates strong investor confidence and bullish sentiment. It often acts as a resistance level where the stock price might face selling pressure. A 52-week high trading strategy typically involves watching for reversals or breakouts in these areas. How Many Days Are in 52 Weeks? There are 364 days in 52 weeks, as each week consists of 7 days (52 weeks x 7 days = 364 days). This figure is just one day short of a full year, which is 365 days in a common year and 366 days in a leap year. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.Educationby FXOpen118
AAPL’s Ascent Technical Analysis for Dec. 3AAPL has been steadily climbing, reaching critical resistance zones that traders need to watch. Whether you’re scalping for quick profits or aiming for a swing trade, this analysis will guide you through key levels, liquidity zones, and actionable strategies to make the most of AAPL's price action. Technical Analysis and Price Action 1. Trend Overview: AAPL is in a strong uptrend, with higher highs and higher lows signaling bullish momentum. The stock is testing resistance around $240.79, a critical level that could lead to a breakout. The MACD is showing bullish strength, but volume confirmation is essential for sustained movement. 2. Key Support & Resistance Zones: * Support Levels: * Primary: $235.66 (immediate support). * Secondary: $233.96 (strong pivot zone). * Resistance Levels: * Immediate: $240.79 (current high). * Strong Resistance: $244.50 (potential breakout target). 3. Liquidity Zones and Order Blocks: * Buyers are concentrated near $235.66, forming a strong demand zone. * Sellers have been active at $240.79, creating a supply zone to monitor closely. Game Plan and Playbook Scalping Strategy * Entry: Breakout above $240.79 with strong volume confirmation. * Target 1: $244.50. * Target 2: $246.50. * Stop Loss: $238.50 (just below breakout level). * Alternative Play: If rejection occurs at $240.79, short with a target of $235.66. Swing Trading Strategy * Bullish Setup: * Entry: Pullback to $235.66 with bullish reversal patterns. * Target 1: $244.50. * Target 2: $250.00. * Stop Loss: $230.00. * Bearish Setup: * Entry: Breakdown below $233.96 with volume. * Target 1: $230.15. * Target 2: $225.72. * Stop Loss: $236.00. Where AAPL Could Head Next The stock is poised near its high, and a breakout above $240.79 could ignite bullish momentum toward $244.50 and beyond. However, if the breakout fails, a retracement to $235.66 or lower is possible. Keep an eye on volume to confirm the breakout or breakdown. Key Indicators to Watch * MACD: Showing bullish momentum, but watch for potential divergence if the breakout fails. * RSI: Approaching overbought territory, signaling caution for extended bullish moves. * Volume: Critical for confirming breakouts; weak volume could indicate a false move. My Thoughts and Suggestions AAPL is at a pivotal point. Scalpers can benefit from the tight range near $240.79, while swing traders should focus on clear confirmations before entering. Discipline and adherence to stop-loss levels are essential given AAPL's tendency for rapid price movements. Conclusion With AAPL testing key resistance, the next few sessions could offer excellent opportunities for both scalpers and swing traders. Be patient, let the market confirm your setups, and execute your strategy with confidence. Disclaimer This analysis is for educational purposes only and should not be taken as financial advice. Always conduct your own research and trade responsibly. by BullBearInsights2
$AAPL Long IdeaNASDAQ:AAPL attempting to breakout from 3-month-long Cup & Handle chart pattern.Longby RoyGulluoglu0
Top 5 Weekly Trade Ideas #2 - AAPL Ascending WedgeAAPL recently broke below a longer term uptrend but has mostly moved sideways since. Now we have a clean looking wedge forming on the 1hr. It closed right around $230 last week, price has had a hard time moving above lately. It'll be a key area to use for directional bias in the short term. I'll be looking for puts targeting about $216 if we fail at $230 and break below the wedge. To the upside, if $230 is broken I'd be looking for longs on retests of $230 for a move back to ATH and potentially higher.by AdvancedPlaysUpdated 9
Santa Rally incoming for AAPL?We are approaching a multi-week resistance at AAPL, Despite of market weakness today, AAPL is holding strong, If we break above this resistance and hold, I see AAPL trying for 250 soonLongby TheBullandBearLoungeUpdated 5
Looking for a break and retest on Apple! 🔉Sound on!🔉 Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life! Long01:27by OptionsMastery3