AAPL still defending key supportAAPL is retesting a key area of weekly timeframe support and holding well. This level remains on watch. Longby OpinicusTrades0
Apple - Go Long NowHello Traders, welcome to today's analysis of Apple. -------- Explanation of my video analysis: In 2019 Apple prefectly retested the previous all time high and started creating a solid rising channel formation. As we are speaking Apple stock is once again retesting the lower support of the channel which is perfectly lining up with previous resistance now turned support. If we see bullish confirmation on the smaller timeframes, I am looking for new long setups on Apple. -------- 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.02:47by basictradingtv7732
Apple and Berkshire: Understanding the Dynamics of a StrategicUnveiling the Magnificent Seven: Analyzing Berkshire's Relationship with Apple and the Tech Giant's Future Prospects The term "Magnificent Seven" encapsulates a prestigious group of megacap companies valued collectively at around $13 trillion. These titans represent approximately one-quarter of the S&P 500 index and over one-tenth of all publicly traded stocks by market capitalization. Among the illustrious members of the Magnificent Seven are Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla. Remarkably, Berkshire Hathaway holds a stake in only one of these esteemed companies. Under Warren Buffett's stewardship, Berkshire initiated its investment in Apple during the first quarter of 2016, gradually elevating it to the conglomerate's largest holding. Nevertheless, Berkshire divested approximately 10 million shares of Apple in the fourth quarter of the preceding year, sparking speculation about potential further sell-offs in 2024. Despite the recent reduction in Berkshire's Apple holdings, Warren Buffett's favorable sentiment toward the tech giant remains steadfast. He previously lauded Apple as a "better business" compared to any other company within Berkshire's portfolio. Such sentiment likely endures, as evidenced by Berkshire's substantial 43% allocation to Apple within its $372 billion stock portfolio as of the fourth quarter's conclusion, indicating a resolute conviction in the investment. However, Berkshire's decision to trim its Apple shares may be influenced by concerns raised by analysts like Jordan Klein at Mizuho. Issues such as sluggish iPhone sales in China and the introduction of the Digital Markets Act (DMA) in Europe have cast shadows of uncertainty over Apple's future revenue streams. The DMA mandates digital platform operators to accommodate third-party app stores and alternative payment options, potentially impinging on Apple's revenue channels. Investors eagerly await Berkshire's first-quarter trading activities, slated for disclosure no later than May 15th through a Form 13F filed with the SEC. Until then, investors must contemplate whether Apple remains a compelling investment opportunity at its current valuation amid prevailing market conditions. Apple boasts a significant advantage in brand authority, a testament to its engineering prowess. By seamlessly integrating captivating hardware with exclusive software, Apple crafts a distinctive user experience highly sought after by consumers. This allure is further heightened with the proliferation of Apple devices, endowing the company with considerable pricing power. Notably, last year, the average iPhone commanded three times the price of the average Android smartphone, according to eMarketer. This brand authority has propelled Apple's dominance across various consumer electronics segments. Leading global smartphone shipments last year, Apple also clinched top positions in tablet and smartwatch shipments, alongside a noteworthy fourth place in personal computer shipments. Recognizing the intermittent nature of hardware purchases, Apple strategically diversified its offerings with a suite of complementary services, effectively capitalizing on its expansive user base, which now exceeds 2.2 billion devices. However, Apple encountered a setback in the first quarter of fiscal 2024, ending Dec. 31, 2023, reporting lackluster financial results. While revenue edged up 2% to $119.5 billion, robust services performance was offset by declining sales in the iPad and Wearables categories. The services segment witnessed notable expansion, propelled by robust advertising, streaming video, and cloud storage revenues. Additionally, bolstered by share buybacks and the ascendancy of high-margin services, gross margin surged by 290 basis points, with GAAP earnings spiking 16% to $2.18 per diluted share. Despite these gains, a concerning trend emerged in China, where sales plummeted by 13% in the December quarter, with iPhone sales slipping further by 24% in the subsequent six weeks of 2024. This contrasts sharply with Huawei's remarkable 64% surge in sales, posing a formidable challenge in the region. CEO Tim Cook remains sanguine about China's long-term prospects but acknowledges the need for vigilance, given its significant contribution, constituting about 17% of Apple's revenue. Looking ahead, Grand View Research anticipates a 6% annual growth rate in the consumer electronics market through 2030. Moreover, mobile application sales, mobile wallet revenue, and digital ad spending are forecasted to experience substantial growth rates of 14%, 28%, and 15% annually, respectively, during the same period. These markets present pivotal opportunities for Apple, with the App Store alone contributing about one-third of its services revenue. Despite Wall Street's bullish outlook, forecasting a 5.8% annual sales growth and 8.3% annual earnings per share growth over the next five years, concerns linger regarding Apple's current valuation, standing at 27.4 times earnings. Moreover, challenges such as dwindling iPhone sales in China and potential regulatory impacts on App Store sales in Europe inject further uncertainty. Given these considerations, prudent investors may opt to exercise caution with Apple's stock, with a potential inclination towards reducing exposure if already invested.Longby FOREXN1113
AAPL AnalysisTaking a shot at AAPL long term bearish case. By drawing fib extension from 2021 high to 2022 low and recent double top high, we can clearly see double top breakdown and currently we are at neckline. Ideal entry is retest of 170$ price zone with TP1 157$ and TP2 140$ Timeline we are looking for might span 6 months. Shortby chenche19110
$AAPL (RARE) Gravestone Inside DailyMy Plan (CAN SWING): 175C>171.24 | 165P<169.76 MINIMAL support below WATCH for a BREAKOUT this week or next! I plan to FULLY automate my OPTIONS plays BONUS PICKS - LIKE IF YOU WANT THESE EVERYDAY! FREE #OPTIONS Ideas Scale out when above 25% Profit NASDAQ:AMD 185C>181.97 | 175P<176.96 NASDAQ:AAPL 175C>171.24 | 165P<169.76 NASDAQ:AMZN 185C>180.20 | 175P<178.20 NASDAQ:META 510C>508.52 | 495P<496.69 by tradingwarzone2
Long AppleLast time RSI was this low was DEC 2018 BOTTOM before meteoric rise. MACD is showing a Classic Bullish Divergence P.E Ratio is around the P.E warren buffet bought more apple at. Chart shows another falling wedge. We are sitting on an .886 fib retrace that I did not draw on the chart, from the previous low to high. Sentiment around apple is Poor (good time to be contrarian?)Longby MikeMMUpdated 1818101
bullish scenario of the second wave of the sideways correction pDear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering different scenarios that are likely to occur in the market. It should be noted that I do not like to be surprised in the market, and that's why I have different market prospects. I follow them to be sure and recognize the structure that is forming so that I can 100% recognize it. I will share my analysis with you, but please note that I am not providing any buy or sell signals. My perspective on idea analysis is completely unbiased, so if the idea analysis meets your standards, you can use it as a guide to make an informed decision. I have attached my previous analysis of the same market so that you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand. However, having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily. I have been studying the Elliott Wave Principle for almost three years now, and over time, my understanding of this knowledge and experience has grown. What I have achieved so far is the legacy of a genius called Ralph Nelson Eliot, and I am really happy with my progress. May peace be upon him. Thank you for your support so far. I will always remember your kindness. Please share your comments and criticisms with me. I hope my analysis will be useful to you in your business journey, and I wish you all the best. Sincerely, Mr. Nobody Editors' picksLongby mehdi47abbasi792020274
Important Update on US Government Lawsuit Against AppleThe recent US government lawsuit against Apple has sent shockwaves through the stock market, causing many traders to reevaluate their investments in the tech giant. The lawsuit alleges that Apple has engaged in anti-competitive behavior by restricting competition in the App Store, potentially harming consumers and developers alike. As traders, it is important to proceed with caution in light of this lawsuit. The outcome of this legal battle could have significant implications for Apple's future profitability and market value. Until there is more clarity on the situation, it may be wise to hold off on investing further into Apple. It is crucial for traders to carefully monitor the developments of this lawsuit and consider the potential risks involved in holding Apple stock. By staying informed and making informed decisions, we can protect our investments and navigate this uncertain time in the market. In conclusion, I urge all traders to exercise caution and refrain from investing in Apple until more information is available regarding the US government lawsuit. Stay informed, stay vigilant, and protect your investments. by bryandowningqln3
APPLE RALLY SETUP back to 185The chart posted is that of APPLE. we have dropped back down to a .382 Area and have formed a Positive Divergence in RSI . and have touched the weekly BB bands . I have now taken a position in dec calls options . I will wait to sell into 185 area ...by wavetimer4
Bullish Bat on $AAPL?I am learning how to draw harmonics and I found what I believe to be a bullish bat on the 4 hr. Reversal to the upside coming? Long Entry: 170.12Longby daxamillionyt2
apple stock target apple stock will go down a little bit till 164 as per wave analysisShortby kumartannk113
Will Apple Rebound?Hey Traders, Despite the continued Risk On sentiment pushing Major US Indexes higher, Apple has started to fall. Resting at local support, there is a weak rebound occuring. In this video we will note long term investor Areas and discuss potential rebounds to new highs.05:07by WillSebastian2
AAPL weakerIn Hindsight; using log scale. AAPL didn't reach it's longterm trend; so - weakness in price.by citsvarUpdated 0
AAPL “Apple” forming a “Double Bottom”Apple is currently forming a double bottom at Key support levels ($169) also approaching over so conditions on the RSI (currently at 37). This may be a great opportunity for the Bulls to step in and push Apple back up to the $180 area and possibly $190 (All Time High) as we test a few key resistance levels along the way…… Let’s see how this one plays out!Longby Gutta_CEO_3
Is the Largest company in the world bound to retrace?Wave analysis and Chart suggests that a trend reversal is due. Calls or Put options or investors can benefit by looking at the key support zone shown in the chart below. Apple dumping tons of cash of Apple cars and scraping the concept, IPhone sales declining in China and the delay of apple products integrating AI models into their ecosystem might cause a crash in price of this tech king.by NobleKhanal113
Big moves expected in AppleHigh and Low range from April 01st to April 05th is very important. Once we break the high of this range expecting it to be bullish following the Yellow line and if we break the low of that range then expecting it to be bearish following the Blue line.by suraj_bhowad118
AAPL BUY ZONE 1. **Buying Zone:** The buying zone suggests that $170 is seen as a favorable price level to consider purchasing AAPL shares. Traders and investors may perceive this level as offering good value based on various factors such as technical analysis, fundamental analysis, or market sentiment. It could also be a historically significant support level where buyers tend to step in. 2. **Respecting Trendline:** The mention of respecting a trendline indicates that AAPL's price movement aligns with a trendline drawn on a chart. In this case, if the stock is respecting an upward trendline, it suggests that the price has been consistently moving higher within the boundaries of this trendline. This could signify a bullish trend, providing further confidence for buyers. 3. **Risk Management:** Managing risk is crucial in trading or investing. It involves strategies to minimize potential losses. This could include setting stop-loss orders to automatically sell the stock if it reaches a certain price, diversifying your portfolio to spread risk, or position sizing to ensure you don't risk too much capital on a single trade. Overall, the statement suggests that AAPL stock is currently perceived as a buying opportunity around $170, especially given its respect for a trendline indicating a bullish trend. However, it's essential for investors to conduct thorough research, consider their risk tolerance, and employ proper risk management techniques before making any investment decisions.Longby MOAZAM11330
AAPL BUY BUY BUY++++++AAPL once again bounced from oversold levels and we have buy signals printing. Targets are $184 and $187 which are cloud resistance and Fib .618Longby ShortSeller762
Apple : Is the second half also getting bitten away?#Apple is facing a lawsuit in the US over monopolistic practices and an overall slowdown in the China as Huawei takes over sales numbers. Technically, it might be available at trendline bottom, must exit at the breakdown of the trendline. If it respects the trendline, should move swiftly towards ATH.by chARTronicsIndia0
MAG7 analysis through 2028 (50% retrace) after ATH in 2026I'm sharing this analysis of MAG7 to gather feedback. This analysis is based on a LOG chart. it uses Fibonacci levels and TA to help extrapolate tops, pullbacks and bottoms. Longby novamatic1
AAPL Harmonic Elliott Wave and Hurst Cyclic AnalysisReview: Key points of the previous update (March 17th): Started wave X of (B). Wave X is a double zigzag. March 7th, we formed a 20W cycle trough. Next major trough, 18M cycle trough in early July. 40D cycle trough: 9-10 April. 80D cycle trough: 14th May. Update: Analysis of the Structure: This week we completed wave x of X as a flat correction and now we are in wave y of X. Analysis of the Cycles: Today was the first 20D cycle trough of the first 40D cycle of the first 80D cycle of the current 20W cycle. The other statements made on the previous update are valid and in play.Longby bamdadsalarieh223
Downtrend Reversal? Buy the Dip!NASDAQ:AAPL As you know the justice department has issued an Antitrust suit against Apple. This news is going to cause a downtrend in the stock, as expected, because of reaction to the news. However, we can expect a reversal sooner than later. Apple is at $172.28 as of 03/22/24 Buy until $168.52 Price target(s): $174.27, $178.79 (expectation of a downtrend if the price retraces from this high, it could encounter resistance because traders may be ready with sell orders here) by eakosah2