AAPL L 150824**Trade Type:** long
**Ticker:** AAPL
**Entry Price:** 222.44
**Stop Loss:** 220.84
**Take Profit 1:** 223.31
**Take Profit 2:** 225.22
**Risk/Reward Ratio:** 1.64
**Timeframe:** daily
AAPLD trade ideas
Apple Inc. (AAPL) Forms 9 Consecutive Bullish CandlesApple Inc. (AAPL) Forms 9 Consecutive Bullish Candles on Daily Chart
If we define bullish candles as those where the closing price is higher than the opening price, we can observe a sequence of 9 such candles on Apple Inc.'s (AAPL) daily chart from August 2nd to 14th.
On August 6th, we mentioned that market participants were bearish due to news that Warren Buffett had sold half of his Apple Inc. (AAPL) shares, but the situation has since reversed.
Now, bullish sentiment is gaining support from news related to George Soros purchasing Apple Inc. (AAPL) shares. According to MarketWatch, Soros Fund Management LLC has invested in Apple Inc. along with other tech companies, including Broadcom Inc. (AVGO), Micron Technology (MU), Texas Instruments Inc. (TXN), and Super Micro Computer Inc. (SMCI).
Today's technical analysis of the AAPL chart shows that:
→ Bulls have recovered from the price drop to the August 5th low. It's interesting to note that the August 5th low can be calculated using the height of the Head and Shoulders pattern, measuring downward from the neckline break (as shown by the yellow lines).
→ The price is hovering around the median line of a channel constructed using the Linear Regression tool. The fact that the price is approximately in the middle between the extreme deviations suggests the possibility of consolidation. This would be appropriate, given that the ATR indicator shows the market experienced a period of extreme volatility at the beginning of August.
The chart may continue to show a series of bullish candles, but they might have small bodies, reflecting modest gains along the median line.
According to a survey of 32 Wall Street analysts by TipRanks, 24 recommend buying Apple stock. Their average price target for AAPL is $248.78 within the next 12 months.
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.
What Is a Blue Chip Stock?What Is a Blue Chip Stock?
Investing and trading the stock market is like navigating a vast sea of options, each with its own set of risks and rewards. For those seeking stability, reliability, and the potential for long-term growth, blue chip stocks have long been a beacon of hope. But what exactly are they, and why do some traders avoid them? This FXOpen article examines what a blue chip stock is and why it is valuable to investors and traders.
What Is Considered a Blue Chip Stock?
A blue chip stock is a stock of a reputable, profitable, and recognised company. It is characterised by a high market capitalisation, a listing on a major stock exchange, and a history of reliable growth. Such stocks are known for their stability, which means they have lower volatility than other stock classes.
The term comes from the world of poker, where blue chips have the highest value. Similarly, in the stock market, these are the most valuable and sought-after investment options. What is an example of a blue chip stock? Shares in IBM, Coca-Cola and McDonald's are considered blue-chip. Below, you will find more examples from different industries.
Key Features
Companies offering blue chip stocks have four core features that make them attractive to traders. These are:
- Financial stability. They typically have strong balance sheets, healthy cash flows, and minimal debt, making them less susceptible to financial crises.
- Leadership. Large issuing companies are leaders in their industries, typically holding a dominant market share.
- Consistent dividends. These companies pay regular dividends, providing investors with a reliable income stream.
- Longevity. They have a track record of long-term success and a history of adapting to changing conditions.
What Is the Difference Between a Regular Stock and a Blue Chip Stock?
Blue chip and regular shares differ in several ways. In the comparison table, you’ll see the main differences between them.
Blue Chip Stocks
- Issued by large companies with excellent reputations
- These companies have dependable earnings and usually pay dividends
- These companies have market capitalisations in the billions of dollars
- These companies are generally the market leaders or among the top in their sectors
- Are included in the most reputable indices
- Less volatile than other stock classes
Regular Stocks
- Issued by any company, regardless of size and reputation
- May not pay dividends
- These companies have market capitalisations that vary widely
- These companies may not be market leaders in their sectors
- May not be included in indices
- May experience a high level of volatility
Blue chip stocks are often seen as a safe haven during periods of economic instability. These shares tend to weather market downturns better than other stock types. They are also the cornerstone of many long-term investment strategies.
What Is the Difference Between a Blue Chip Stock and a Speculative Stock?
In addition to top-tier and regular stocks, there are also speculative ones. Let’s look at their main characteristics to see how they differ from blue chips:
- They are issued by companies that don’t have a strong business model or don’t show solid strength.
- They are more volatile than other stock classes.
- They have the potential for appreciation.
- They have much lower prices than other shares.
The issuing companies may be operating under new management or have the potential to become a monopoly or develop a very lucrative product that could cause the stock price to go upward. For the above reasons, blue chip stocks are generally less volatile and preferred by conservative investors, while speculative ones fluctuate more and are preferred by more risk-tolerant investors.
What Are Some Famous Examples of Blue Chip Shares?
Now that you know a lot about the key characteristics of various shares, you may want to ask the question, “What is an example of a blue chip stock?”.
Technology
- Apple (AAPL)
- Microsoft Corporation (MSFT)
- Meta Platforms (META)
Healthcare
- Johnson & Johnson (JNJ)
- Pfizer (PFE)
- AbbVie (ABBV)
Consumer Goods
- Procter & Gamble Company (PG)
- Coca-Cola Company (KO)
- Walmart (WMT)
Financial Services
- JPMorgan Chase & Co. (JPM)
- Visa (V)
- Goldman Sachs Group (GS)
What Is a Catalyst for a Blue Chip Stock?
A catalyst can be an event or news that causes a significant change in the performance of the stock. General market trends can also be catalysts. For blue chip stocks, these are typically:
- Strong earnings reports
- News about a corporation’s products or services
- Mergers and acquisitions
- Changes in management or leadership
- Economic or political events affecting the corporation
- Changes in interest rates
- Changes in consumer preferences
Catalysts have a significant impact on the performance of blue chip stocks, so it’s important for traders to stay abreast of industry developments. You can explore our blog to keep up to date with the latest news.
Risks and Considerations
While top-tier stocks offer numerous benefits, they are not without risks. They also suffer during severe economic recessions or crises. While less volatile, blue chip shares are not immune to fluctuations. They may not offer the rapid growth potential seen in smaller, high-risk investments. Finally, they can sometimes become overvalued, leading to subpar returns.
Final Thoughts
Blue chip stocks have stood the test of time as reliable, financially stable investments. They play a crucial role in diversified portfolios, providing stability and long-term growth potential. However, investors and traders must be mindful of the associated risks and stay informed about market conditions to make informed decisions when putting money in these elite shares. If you want to try trading blue chip shares or more volatile stocks, you can open an FXOpen account. You can also consider using the TickTrader platform to conduct technical analysis and take advantage of the advanced charts and indicators.
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.
AAPL BEAR CASEMarket rebounded nicely last week but I dont think the danger is behind us. Its looking like we'll be sideways/up for the next few weeks before heading lower. Target on AAPl is $185-$180
$AAPL Correction and Downward ReversalDoes Anyone think that AAPL is due for a correction and that it will bounce down soon. I am basing this off the MACD on the 2 hour chart looking like it is at a high and may go down at any moment. I am looking to enter a put option considering it breaks down on the wedge. Looking for any opinions on this?
Cons - the 20 EMA crossed the 50 EMA yesterday but this may also be a false cross and may recross down
AAPL DOWNSIDE TARGET 210Head & Shoulders pattern is seen forming on the daily chart in AAPL, according to which a short term decline may be seen in AAPL, the stock may see downside levels of 210 and even lower levels.
Ichimoku Watch: Buy-The-Dip Scenario on Apple?The price of Apple (ticker: AAPL) currently offers an interesting technical scenario on the daily chart.
Ichimoku Cloud Support in Play
As you can see, bulls recently rebounded from the Ichimoku Cloud, which is formed by the Leading Span A (light green at $213.71) and the Leading Span B (light orange at $213.37). Coupled with the underlying trend pointing north since breaking out higher in June, many Ichimoku Traders will consider the rebound from the Ichimoku Cloud a bullish signal.
However, while the above may be enough for some traders to consider long positions (buy), additional confirmation can be found in price closing above the Base Line (red at $216.62) yesterday. Another means of helping to confirm a price move would be the Conversion Line (blue at $210.80) crossing above the Base Line.
Price Direction
Having seen price respond to the Ichimoku Cloud support area and price action close above the Base Line, this could be enough to prompt further action from buyers. With that said, should the Conversion Line cross above the Base line, it would help validate recent upside pressure and likely tempt further buying.
AAPL bullish confirmationClosed the daily candle above 50 MA
bounced off 200 EMA
technical bullish signals for AAPL are above
It should now target 236 and form the double top
double top in AAPL always tend to perform bearish so it should correct for a while then pushing above 236 will happen in the post rate cut era
Entry : 217
Stop loss 198
AAPL / APPLE🔍 AAPL Analysis: Key Dates for Market Movements 📈
The AAPL chart highlights two critical dates that could shape your trading strategy:
October 7, 2024 - Red Line: This date marks a potential local peak. It might be an opportune moment to take profits as the stock could face resistance or enter a short-term correction.
August 25, 2025 - Green Line: A significant local low is expected around this time. This could present an ideal opportunity to accumulate AAPL shares, positioning yourself for the next major upward move.
By strategically planning around these dates, you can optimize your trading decisions and maximize returns.
#AAPL #StockMarket #MarketTiming #InvestmentStrategy #AppleStock
S&P 500 Attempt to Test Previous HighThe Monthly S&P is overbought and at a 9 TD Sequential Sell signal, that is why the market pulled back. The Daily after the pullback has found buyers at previous breakout resistance turned support (Change of Polarity). The Weekly has relieved the overbought condition and I believe this is the point where bulls will see if they can continue the bull market. On the Daily chart I show something like a 5-8% profit potential to the next Falling
Window resistance area and high. The Daily TD Sequential has a green 2>1 allowing for a new long position. This is happening on a breakout of the Falling Window resistance. The 39 minute chart (10 Daily candles on U.S. stock market) shows a close above EMA 200 followed by the previous candle closing above the Window resistance. You can use this to open a new long position with a stop loss below the low of the window.
Apple to introduce paid AI features, eyeing revenue boostApple Inc. is reportedly considering charging users up to 20 USD for advanced artificial intelligence features under its new initiative, Apple Intelligence. This strategic move aims to bolster the company's revenue streams by leveraging its technological advancements. Slated to be rolled out on some devices later this year, Apple Intelligence plans to enhance Siri's capabilities and introduce functionalities such as automated email and image generation.
However, the rollout will be gradual, with some regions like China and Europe initially excluded from accessing the new features. This phased approach and potential subscription models for advanced applications align with Apple's long-term strategy to diversify its revenue sources beyond hardware sales.
Technical analysis of Apple Inc. (NASDAQ: AAPL)
Reviewing potential trading scenarios based on Apple's current stock dynamics:
Timeframe : Daily (D1)
Current trend : the stock is currently in a downtrend but shows signs that it could transition to an uptrend
Resistance level : 225.60 USD
Support level : 201.05 USD
Potential downtrend target : if the downtrend continues, the downside target could be 185.00 USD
Short-term target : if the stock reverses its current trend and breaks through the resistance at 225.60 USD, a short-term target could be set at 235.00 USD
Medium-term target : with sustained positive momentum, the stock price might aim for 250.00 USD
Investors should keep a close eye on Apple, particularly in light of its strategic push to monetise AI capabilities. This development could significantly impact consumer behaviour and market dynamics, potentially influencing Apple's stock trajectory as the company continues to innovate and expand its software and service offerings.
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Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews.
The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments.
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APPLE STOCKHello traders here is an idea of Apple that I published months back and now you can see that the price has retested the resistance zone and now it will become a support zone, so for me, that's where I can start now looking for long opportunities.
APPLE My Opinion! BUY!
My dear friends,
Please, find my technical outlook for APPLE below:
The price is coiling around a solid key level - 216.29
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 225.73
Safe Stop Loss - 210.99
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
Apple (AAPL) Bullish Continuation Discounted Price Buy IdeaApple's stock price may face temporary Bearish momentum which may lead to a potential price drop between the probable range of 174 - 163.
If the price tests this price range (and the trendline), there might be an opportunity to buy the stock at a discounted price.
Feel free to share your thoughts everyone. :)
AAPL Is Expected To Go HigherAAPL Is expected to go Higher
- Leading Span A is close to cross above Leading Span B : Bullish Sign
- Price Has Been Rising And is bounding of the Leading Span A : Bullish
- Lagging Span Blue Line is also crossing up again the Conversion Line
- Price Is touching Leading Span A : this is the close area, price will move out again and return to this close area.
Caution : Conversion Line ( Dark Green ) is still Below Base Line ( Dark Red Line ). the Perfect trade would be to wait for it to cross up, however the cloud is thin which means not much resistance to any direction, Linear regression of 500 period is included up, 200 mA is included up, so we take the risk
APPLE: Expecting Bearish Continuation! Here is Why:
Balance of buyers and sellers on the APPLE pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair.
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The 3 Reasons Why Apple Is A Good Buy
The price is above the 50 MA
Apple had a negative reaction to the earnings report
Apple is about to announce the dividend report
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The price is above the 50 MA
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According to the Rocket Booster Strategy
when the price of a stock has hit above the 50 MA it's a good sign
of an uptrend. In this case, we are looing at the apple stock as an example.
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Apple had a negative reaction to the earnings report
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Even though apple had a negative reaction to the earnings report
which is one of the most powerful catalysts in the stock market
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The price has bounced against this catalyst almost like its telling us
"Even though the economy is not doing well am going up!"
Maybe this is why Apple is one of the best-performing stocks during
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a bear market.
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Apple is about to announce the dividend report
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The dividend report is like the counter-attack for the poor price reaction
to earnings.
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Investors are waiting to get a return on their investments and this
could give a sign of a positive price trend reaction.
-
Even though Apple stock had a negative reaction to the earnings report.
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If you want to learn more about The #1 Strategy Used To Find The Best Stocks
Called "The Rocket Booster Strategy"
Then rocket boost this content for more
-
Disclaimer: Trading is risky you will lose money whether you like it or not,
please learn risk management strategies , and profit-taking strategies.
$AAPL can't fill the #Gap ... #RisingWedge #WarningWhen I see NASDAQ:TSLA bear flagging, NASDAQ:AAPL rising in this fashion, I play cautious!
VIX -10% today , Indices basically Flat... #Odd
I'm short NASDAQ:NVDA 100p 8/16s #Again (So nice dump it twice?)
Stay Light
-Proph
APPLE Q3 EARNINGSThe average price target across analysts is $214.29, which is even with AAPL's current price. Analysts also expect the iPhone maker to close out fiscal year 2024 with sales growth of 8.1% and EPS of $6.59
Buyback Watch for Swing TradingEarnings are over so buybacks are back in the mix. The market is likely to continue to be volatile and choppy until all the ETF investors who want to sell have done so. Then, the uptrend is likely to resume because there are not enough barometers warning of a recession AND we just had one 3 years ago.
Buybacks tend to drive price up, so they are a good swing and momentum trading strategy. Notice how neatly the support from previous highs halted the run down. Reversal points at strong support levels are one area to watch for buyback patterns.
