Is $AAPL heading back home? 🍎🏠We have a breakdown.
Is Apple heading back home?
Or do we bounce back?
AAPL34 trade ideas
A test of future moving day averagesI put a $140 put for May 31st on Apple to test my trading setup. I Know its unlikely but I must test my strategy if I'm going to be successful.
AAPL 235$Welcome, dear traders, from my simple technical point of view, I see that Apple will give us more profits. It is now at the legendary support zone. If it is not broken, we will all enter to become rich and happy.
AAPL - CallsLooking at loading calls in green zone. Not sure MMs want to drive this well below max pain over the next few weeks.
AAPLFlirting with a double top breakdown if this week closes below ~$165.50. Been seeing RSI divergence on the monthly for a couple years now. I would expect VWAP from c0vid lows (~$138 currently) to be tested if the double top completes.
AAPL Bullish outlookNASDAQ:AAPL Apple's price is currently trading below 20 and 50 EMAs at weekly temporality but overall price action seems bullish.
Although there was a rejection at the 50 EMA in a false breakout of the falling wedge and the price is again inside the pattern it remains above EMA 200 that holds the lower limit of the long term channel.
It also looks like an Harmonic pattern has been formed at these levels, but I'm not very familiar with these guys.
Divergence at the RSI, a real break up of the falling wedge and a close over the 50 EMA are all great signs to go long at least to 200 dollars. Right now it is a high risk/reward trade but there is no confirmation yet.
apple Apple first Bearish target is $75 NASDAQ:AAPL #apple #aapl. Apple is done. #stockmarket #trader #technicalanalysis
Apple Inc Possible to Break The Strong Support AreaApple Inc Start Downside Expectation If sustain below 174.61 Possible target 143 Invalid 201.69
Apple Apple monthly rising wedge at play with a deep retrace level marked in the monthly. she is done.
Testing Vix Cheat Sheet on Apple, 5 days + 4.11%The Viz cheat sheet indicator reveals that if the Vix closes above the upper Bollinger band ($19.01) during the next 5 days that means the Apple stock price will increase by 4.11% to $174. Currently the Vix is around $18.
I've tested this indicator the Vix cheat sheet before with quite impressive results.
AAPL April 17, 2024: A New Weekly Low (Possible)After the close of April 17, 2024, NASDAQ:AAPL is at the weekly low since March 2024 (the yellow horizontal line) and even since October 2023 (the white horizontal line).
There is one last weekly session which is April 18 to see if NASDAQ:AAPL can rebound from this long-term support.
IF it will close below this important support, the symmetrical pattern suggests that it would go lower another 15% to around $140.
📊 Apple Hits New All-Time High, End Of Bull-MarketAAPL hit a new ATH recently, Dec. '23, slightly higher compared to July '23.
The ATH, 199.62, came in modestly higher compared to January 2022.
A four years long bearish divergence has been developing with the RSI, January again.
Apple's weekly RSI peaked January 2020, by now, the divergence is four years long.
Trading volume has been dropping since March 2020.
The last year having the lowest trading volume in many years...
On top of these signals we have the following:
➖ Double-top formation.
➖ Bearish cypher pattern.
➖ Falling window.
➖ Break and close below EMA10.
It seems it will be a strong correction, it can last many months (3-6).
Namaste.
Good setup for a drop of over 10% in AAPL AAPL trades on a pending bullish butterfly. Although this is by default a bullish pattern the failure of a bullish butterfly almost always leads to capitulation to the following fibs.
The local action we have on AAPL is not typically what we see in the low of a bullish reversal which makes me inclined to speculate on a sharp drop on the failure of the bull pattern.
After break out it reverted back to the breakout point. Bounce?After break out it reverted back to the breakout point.
Price is walking on thin ice ⛸️🧊and depending if the bottom channel is broken as support or bounces then might see a big move either up or down 📉📈🧭🐻🐂⏰
Apple broken rising trendApple's LONGEST ever rising trend line has BROKEN.
#apple #aapl #nasdaq #bitcoin #spx #tech
AAPL MarkDownThe markdown phase refers to a period in the stock market when prices of securities decline after a prolonged downtrend or consolidation. During this phase, sellers outnumber buyers, causing prices to decrease. Investors may sell off their holdings due to pessimism or loss of confidence in the market, leading to further downward pressure on prices. In the markdown phase, there may be increased volatility and trading volume as investors attempt to exit their positions. This phase often precedes a period of accumulation, where savvy investors start buying securities at lower prices in anticipation of a potential reversal or uptrend in the market. I’ll be on the sell side of this one. How about you? Why?
APPLE: Is this 1D MA50 rejection something to worry about?AAPL is neutral on its 1D technical outlook (RSI = 51.445, MACD = -1.220, ADX = 19.718) as it is getting sold emphatically today following Friday's rejection on the 1D MA50. That was the first time to hit the 1D MA50 in 2 months, so this rejection may be just short term profit taking. We can basically see two Channel Down patterns, very similar with each other. On November 2nd 2023, when the 1D MA50 also broke following a price rebound inside the S1 Zone, it also gave a pullback on the following session. If tomorrow we see a recovery, then we might be on a similar recovery path towards the R1 level. Our target is just under it (TP = 199.00).
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AAPLPOTENTIAL HARMONIC PATTERN 5-0
pls note there is an error in the measurment not exceeding 1% for B and C
B should be from 1.128 to 1.618
C should be from 1.618 to 2.240
More to drop before reaching bottomApple is still doing a 3-wave correction from Dec 2021. Last Thursday's 4+% gain showed 5 waves but I believe it is the C leg of an ABC correction from March, as shown in the daily chart. Such a strong move as day one from the bottom is typical for a "short squeeze" or a "bear market rally" because Apple has been down a lot already from the top. A true bottom reversal behavior is slow and accumulating before gaining momentum.
AAPL SELL +++I still believe AAPL goes significantly lower despite dead cat bounces. Current we are at cloud resistance and other overhead resistance, we tested the $168 support many times, next time it should break to the downside to test $162 and $154
Apple Stock algorithmPrice creates symmetrical concentric waves of motion as it moves through time. Where price rises, it must also fall. This is the true with everything. You cannot dig a hole without simultaneously building a hill.
APPLE is in Sideways in higher TimeframeA possible small long entry and then greater Short entry is expected. Pleae do your own research this is not a financial advice.
