$AAPL Cup n Handle Breakout (Room to $255ish)Cup n Handle Breakout is confirmed well above neckline, if handle length is = to breakout length wizardman* is at right level (timing TBD, but Santa is supposed to be around then...)
- Prophecies
AAPL trade ideas
AAPL on the Edge! Key Levels for Trading This Week Dec.16Daily Timeframe Analysis (Longer View)
1. Trend:
* AAPL is in a strong uptrend, respecting the rising wedge pattern and trading near resistance.
* Price is consolidating at $248–$250, a critical level for direction.
2. Key Levels:
* Resistance: $250.80 (recent high). Breaking above could trigger continuation toward $255.
* Support: $240 (previous consolidation zone) and $235 as a lower support.
3. Indicators:
* EMA 9/21: Price is above both EMAs, signaling continued bullish momentum.
* MACD: Flattening, showing weakening momentum, which could lead to a pullback.
* Volume: Relatively steady but not showing strong buying pressure.
Daily Outlook:
* If AAPL holds above $248, it can test $250.80–$255.
* Failure to hold could lead to a retest of $240 as support.
1-Hour Timeframe Analysis (Shorter View)
1. Trend:
* Price is consolidating in a descending triangle, with lower highs and stable support near $246.
* The short-term trend is neutral to slightly bearish, awaiting a breakout or breakdown.
2. Key Levels:
* Resistance: $250.80 (upper trendline).
* Support: $245.68 (lower trendline).
* If $245 breaks, the next level is $241.25 (recent low).
3. Indicators:
* MACD: Bullish crossover forming, suggesting a short-term upside move.
* Volume: Increased red volume shows bears are still active, but buyers are stepping in.
1-Hour Outlook:
* Watch for a breakout above $250 for bullish continuation.
* A breakdown below $245.68 could trigger further downside toward $242.
Direction and Strategy For Tomorrow (Scalping):
* Look for a breakout above $248–$250 to scalp toward $252–$255.
* Short if AAPL rejects resistance at $250 and breaks $246, targeting $243–$245.
For Next Week (Swing Trading):
* Bullish Setup: If AAPL breaks $250.80 with volume, it could rally to $255+.
* Bearish Setup: If it fails to hold $245, look for downside toward $240–$235.
Summary
* Short-term Bias: Neutral to slightly bullish; watch for a breakout or breakdown.
* Key Zones: $250 resistance and $245 support.
* Swing Direction: Needs confirmation above $250 for bullish continuation; failure risks pullback to $240.
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GEX Analysis For Option Trading
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Key Observations from GEX Levels:
1. CALL Walls (Resistance):
* 247.6: The highest positive GEX level, acting as key resistance. This is where upward momentum could slow down or reverse.
* 252.5–255: Additional strong resistance zones, aligning with the 2nd and 3rd CALL Walls.
2. PUT Walls (Support):
* 237.5: The strongest PUT wall and likely the first support level where price could stabilize.
* 225: The 2nd PUT wall—this acts as a deep downside support level.
3. Gamma Sentiment:
* Neutral to Bearish Bias: Gamma exposure shows a balance, with a slight tilt towards the downside due to the PUT wall activity.
* Elevated resistance at 247.6 suggests CALL buyers may cap price movement.
4. IVR and Options Oscillator:
* IVR: 11% indicates low implied volatility, making options relatively cheap for directional plays.
* CALL Positioning: At 17.1%, call positioning is weak, signaling limited bullish momentum.
Technical Analysis for Options Trading (Using GEX):
1. Bearish Option Trade Setup:
* Entry: Look for rejection at 247.6 (CALL wall resistance) or a failed breakout above 252.5.
* Target: First target near the 237.5 PUT support, with an extended target at 225.
* Option Strategy:
* Buy PUT options (near-the-money strikes) with 30–45 days to expiration to allow time for the trade to play out.
* Alternatively, use a Bear Put Spread (e.g., buy 245 PUT, sell 235 PUT) to reduce cost.
2. Bullish Option Trade Setup (Short-Term):
* Entry: If price consolidates above 247.6 with volume confirmation, look for a push toward 252.5.
* Target: CALL wall at 252.5, with stop-loss below 247.
* Option Strategy:
* Buy CALL options with short expiration (0DTE or 1-week out) to capitalize on quick moves.
* Use a Bull Call Spread (e.g., buy 247 CALL, sell 252 CALL) for a cost-effective approach.
Conclusion & Directional Bias:
* Bearish Outlook: Price is struggling near the 247.6 CALL wall, and low IVR suggests options are cheap for PUT strategies.
* Key Levels to Watch:
* Resistance: 247.6 and 252.5
* Support: 237.5 and 225
For options trading, focus on PUT options if rejection occurs at resistance or CALL spreads if bullish confirmation is seen above key levels. 🚀
Short Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk before trading.
BUY APPLEApple is an uptrend channel and bullish on the weekly timeframe.
The next target is to the upper of the channel at area 265-270.
AAPL to back to 200 in a flatCan't help but see the moves since August as 2 corrections in a row for W-(A) and W-(B). This followed up with what looks like a leading diagonal for W-1 of W-(C). The subcount for W-2 had a=c and 61.8% both right at 230.5 which it bounced off today. Not pictured, I do have a potentially for 1 more small high before the drop. I'm also pretty bearish on GOOG, AMZN, and MSFT in the same timeframe so this would line up.
BUY OPPORTUNITYInstrument: AAPL
Entry Price: $254.80
Target Price (TP): $273.18
Stop Loss (SL): $245.61
Risk/Reward Ratio: 1:2
Technical Analysis:
Apple is currently trading at new all-time highs, indicating strong momentum. This is typically a signal of bullish trends as investors are confident in the company’s growth potential.
The stock has good volume, suggesting it can clear the local resistance around 254$ and market participants are actively trading and supporting the upward movement.
Fundamental Analysis:
Demand for iPhone 16: Analysts, including Dan Ives from Wedbush, expect Apple to benefit from strong demand for its AI-powered iPhone 16 during the holiday season. This is a key catalyst for continued growth.
Projections for FY2025: Cupertino has projected sales of over 240 million iPhones for fiscal year 2025, the highest ever. This bullish forecast reflects a strong outlook for the company's revenue growth and solidifies the positive sentiment surrounding App
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Apple Earnings Boost Stock to 182 ? Reasons Why
Apple’s Fiscal 2024 First Quarter Results:
Apple reported its financial results for the first quarter of fiscal year 2024, which ended on December 30, 2023. Here are the key highlights:
Revenue: The company posted quarterly revenue of $119.6 billion, representing a 2 percent year-over-year increase.
Earnings Per Share (EPS): Quarterly earnings per diluted share reached $2.18, marking a 16 percent year-over-year growth.
Services Revenue: Apple achieved an all-time record in services revenue during this quarter.
Active Devices: The installed base of active Apple devices surpassed 2.2 billion, reaching an all-time high across all products and geographic segments.
Cash Flow and Dividends: Apple generated nearly $40 billion of operating cash flow and returned almost $27 billion to shareholders. The company’s board of directors declared a cash dividend of $0.24 per share of common stock, payable on February 15, 2024.
Long Idea and Earnings Impact:
While the earnings report reflects strong performance, it’s essential to consider the broader market context and analysts’ expectations.
Analysts estimate an average EPS of $1.41 for Apple’s second quarter of 2024, with a range between $1.32 and $1.45.
As an investor, you might want to assess factors such as:
iPhone Sales: The growth in iPhone sales significantly contributed to Apple’s revenue. Monitor iPhone demand trends and product launches.
Services Segment: Services revenue hit a record high. Evaluate the sustainability of this growth.
Margin Expansion: The all-time record EPS resulted from margin expansion. Understand the drivers behind this improvement.
Dividends: Apple’s consistent dividend payments provide income for long-term investors.
Apple Wave Analysis 17 December 2024
- Apple rising inside impulse wave 3
- Likely to reach resistance level 260.00
Apple continues to rise inside the accelerated impulse wave 3, which previously broke the resistance zone located between the resistance level 242.00 and the resistance trendline of the daily up channel from the middle of September.
The active impulse wave 3 belongs to the extended upward impulse sequence (3) from the start of August.
Given the clear daily uptrend, Apple can be expected to rise further to the next resistance level 260.00 (target price for the completion of the active impulse wave 3).
AAPL: Key Levels & Strategies for Big ProfitsNASDAQ:AAPL AlexGoldHunter Analysis Using Price Action Techniques
Key Levels and Zones
Support and Resistance Levels:
Support: Around $242.98 (Swing Low p/D Low) and $244.00.
Resistance: Around $248.12 (current price) and $250.00 (Swing High p/D High).
Volume Profile:
High volume nodes around $244.00 and $248.00 indicate significant trading activity and potential support/resistance zones.
Order Blocks (OB):
Identified near $230.00 and $244.00, suggesting areas where institutional buying or selling might have occurred.
Price Action Patterns
Break of Structure (BOS):
Multiple BOS annotations indicate areas where the price has broken previous highs or lows, signaling potential trend continuation or reversal points.
Change of Character (CHoCH):
CHoCH annotations suggest shifts in market sentiment, potentially indicating reversals or significant pullbacks.
Indicators
RSI:
Current RSI value around 62.93 suggests the market is not overbought or oversold.
MACD:
The MACD line is above the signal line, indicating bullish momentum.
Buy Strategy
Entry Point:
Consider buying near the support level around $244.00, especially if there is a bullish candlestick pattern or a BOS above this level.
Stop Loss:
Place a stop loss below the recent swing low or the support level at $242.98.
Take Profit:
Target the resistance level around $250.00 or higher if the price shows strong bullish momentum.
Sell Strategy
Entry Point:
Consider selling near the resistance level around $250.00, especially if there is a bearish candlestick pattern or a CHoCH indicating a potential reversal.
Stop Loss:
Place a stop loss above the recent swing high or the resistance level at $250.00.
Take Profit:
Target the support level around $244.00 or lower if the price shows strong bearish momentum.
Conclusion
This chart provides a detailed view of AAPL's price action, highlighting key support and resistance levels, volume profile, and significant price action patterns. By using these price action techniques, traders can develop a buy and sell strategy based on the identified levels and patterns.
Happy trading! 📈📉
Follow @Alexgoldhunter for more strategic ideas and minds
15 minute timeframe for AppleHere is a 15 minute timeframe for Apple it shows boxes from November until now.
AAPL ..Judge my CyQo-Cpyder-NestSo here is the long term views I never show of my Nest projects...
Judge what you want, but think its just making things fit....well they fit pretty well to be just made to fit....especially when you view my Tesla (TSLA) chart and see that price action...
Anywho...minus having to pay to see these, no..you dont and wont....I dont hide behind subscriptions or these crappy shows...
Ford showed the world a car, Rockerfeller- how to run an oil conglomerate...You benefit from both- But they never said you needed a course or subscription, you just benefited by living.
These charts will bring you money as with shorts or longs they bring me money...Why charge for food- Its cause you can get your own by hunting..you choose not to. But when someone hands you something for free that you must click the mouse button of buy or sell..its like the guy saying lift heavy things to gain muscle..only you are to blame if you dont do it.
Enjoy these levels and this brief inspirational message...Buffet told you the market future, you didnt have to sign up for anything to hear his cash position and unspoken short/put favoring....head up and you wont run into the wall, head down and your phone will tell you if there is or isnt one infront of you- your living experience vs another's perception.
Next post..hyper short, well 30 min, AAPL trade levels....See that rainbow-on-the-right...lots of goodies inside.
AAPL Winding up for a Pump or Massive Drop - Inflection PointWithin the next few quarters we're likely to see some impressive fireworks in the various markets around the world as we gear up for multiple black swan events IE negative oil prices.
The storm isn't over, it's just begun.
3 Month
Monthly
Weekly
Daily
Elliott Wave View: APPLE (AAPL) Continue Rally In Bullish SequenShort Term Elliott Wave view in APPLE (AAPL) suggests that rally from 8.05.2024 low is incomplete & should continue upside as the part of daily bullish sequence. It is showing 3 swing higher since August-2024 low & expect more upside against 11.04.2024 low. It ended (1) at $237.49 high as diagonal & (2) correction at $219.71 low. Within (1), it placed 1 at $232.92 high, 2 at $213.92 low, 3 at $233.09 high, 4 at $221.14 low & finally 5 ended at $237.49 high as (1). Within (2) correction, it placed A at $227.30 low, B at $234.73 high & C at $219.71 low near 0.382 Fibonacci retracement of (1). Above (2) low, it favors upside in (3) of ((1)) & can extend towards $261.29 or higher levels before major pullback may seen.
Above $219.71 low, it placed 1 of (3) at $230.16 high, 2 at $225.71 low & favors upside in 3 of (3). Within 3, it placed ((i)) at $235.65 high, ((ii)) at 233.26 low & ((iii)) at $250.80 high as extended wave. Short term, it favors upside in ((v)), if ended ((iv)) at $246.02 low, which already reached between 0.236 – 0.382 Fibonacci retracement area of ((iii)). It needs price separation to confirm the view of further upside. Alternatively, if it extends lower from current level, it can either extend ((iv)) or 4 pullback in (3) as discussed in video. But in either the case, it should extend higher to finish sequence started from 11.04.2024 low as (3). We like to buy the pullback in 3, 7 or 11 swings at extreme areas, when reached. It expects more upside towards $261.29 or higher levels, while dips remain above 11.04.2024 low.
Mag 7 Broadening WedgeThis is a clean ascending broadening wedge/megaphone for the mag 7. Currently trying to bounce at the bottom end with potential support below near 2,225. Important to watch moving forward this week, I would be cautious if it does break below 2,225. Bulls get the green light if holds the wedge/2,225.
Apple is starting to look good (again:)If you're bullish on the market and economy overall, Apple is firming right below the resistance area under its ATH set less than a month ago on October 21 closing at $236.48. That high was set despite a steady net distribution since July! As of last nights' close, Apple hasn’t given up much ground closing at $225. For sure big sellers are camped out around $236–$231, but the fact that buyers are still soaking up the supply is interesting. We're seeing buyers bid up the lows: August 5 at $196, September 18 at $217.5, and November 4 at $219.7.
Short term, the only question is: who are the sellers? Could be Berkshire Hathaway. Buffett’s been unloading Apple for months now, reportedly taking advantage of low tax rates—at least, that’s the line he’s putting out there. Yet, someone is absorbing all that supply for more than 4 months.
So, if you’re looking for a bullish setup, keep an eye on how buyers handle that $231–$236 resistance. Apple’s price behavior here is saying something, despite major distribution...
Full Disclosure: If there’s one stock I’ll never, ever short, it’s Apple. Why? Because, like it or not, the market can’t make a move without Apple leading the way. Apple isn’t just a stock—it’s the most important stock in the universe. Now that you know how biased I am, navigate with care!
AAPL SELL++++ $235 reversal comingOverbought here and I would add to a position short every $3 increase in price. We are overdue a correction first target is $235
Apple trading I deaWhat is your opinion in apple?according to my view the growth is still continuing to 250 _! 260 in the next few weeks however I will be expecting a corrections to come n test previous high then you can take some actions,note that trading is risky and you might loose all your money do trade accordingly and follow the rules and trend properly thank you.
APPLE targeting $265 at the top of the Channel UpApple (AAPL) has been trading within a Channel Up pattern since the January 03 2023 bottom. At the moment the price is on the pattern's second long-term Bullish Leg, supported by the 1D MA50 (blue trend-line).
As long as this line holds, we expect the Bullish Leg to complete a +20.82% rise (similar to December 14 2023) from the U.S. elections low and target $265.00. The fractals are quite similar as the 1W MACD is forming now a Bullish Cross, in indentical fashion as November 20 2023.
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AAPL Technical Analysis for December 10, 2024Price Action:
* Opening Movement: At market open, AAPL exhibited a strong upward momentum, driven by sustained buying pressure, pushing the price above key resistance levels.
* Mid-Day: Consolidation occurred around the $247.5 zone, aligning with significant GEX levels, indicating a potential pause for profit-taking and repositioning by traders.
* Closing Trend: The price continued testing the $247.5 level but failed to breach higher resistance zones near $250, showing sellers gaining control near critical gamma levels.
Key Indicators Observed:
1. GEX Indicator:
* $250 Level: Marked as the highest positive GEX, acting as a psychological resistance for traders, confirmed by price hesitation and lower volume near this zone.
* Support at $240: The GEX8 level at $240 served as a critical support level, ensuring downside protection and absorbing selling pressure during earlier intraday pullbacks.
2. Trend Lines:
* The upward sloping trendline provided structural support for the price, confirming the bullish sentiment for the day.
3. MACD:
* The MACD showed a bullish crossover earlier in the day, coinciding with the breakout above $245. However, the histogram started to flatten towards the close, signaling reduced momentum.
4. Volume:
* A noticeable volume spike during the break above $245, indicating strong participation. However, the fading volume near $250 suggests waning bullish momentum.
GEX Indicator Insights:
The Gamma Exposure (GEX) tool proved invaluable in identifying critical support and resistance zones:
* Why it Matters: GEX quantifies gamma levels based on options market activity, offering a transparent view of zones where market makers are likely to hedge, influencing price behavior.
* What Was Observed:
* The resistance at $250 aligns with high positive gamma, making it challenging for the price to push higher unless significant buying pressure emerges.
* The bounce from $240 confirms GEX8 as a robust support level, providing confidence to traders to go long at dips.
* Technical Advantage: By incorporating GEX, traders can anticipate areas of increased volatility or stagnation, enhancing decision-making precision.
Trading Plan for Tomorrow:
Scalping Strategy:
1. Entry Points:
* Long Above $247.5: Look for a breakout with strong volume confirmation.
* Short Below $245: If the price fails to hold and breaks below $245, target the $240 support level.
2. Stop-Loss: Set tight stops at $1 above or below entry points to manage risk.
Swing Trading:
1. Bullish Scenario:
* If AAPL closes above $247.5 with volume, target $250 with an extended swing goal near $255.
2. Bearish Scenario:
* A close below $245 opens room for a pullback to $240. A further breakdown could test $235.
Disclaimer:
This analysis is for informational purposes only and should not be construed as financial advice. Always perform your due diligence before making any trading decisions
AAPL P/E at $40???One shouldn't need to have an analysis when NASDAQ:AAPL is trading at > 40x P/E. I went back and counted, there are only 4 days in the history of AAPL where it traded above the current multiple and all 4 of those days came in the post-covid-free-money-boon when they last had actual growth.
Now, a company with a year average revenue growth rate of 5% is trading at 40x+?? For comparison, NASDAQ:NVDA is currently trading at ~55x P/E.
AAPL is chasing 4T. There is nothing fundamental about this price except for the "apple always goes up" narrative. From a fundamental perspective, putting money in at this price to go long is absurd.
The only _potential_ positive that Apple has right now is that Tim has cozied up to Trump and may be able to sway him to apply tariffs to his competition in a way that is more damaging to them (Samsung) than they are to Apple (if they are damaging at all). But even at this price that potential just doesn't hold the risk reward for a 1-3 year play to allow that to come to fruition. It seems more likely to me that any form of tariffs (if any) that may benefit Apple will be a local maximum as the larger tariff strategy will likely hurt the economy, more than offsetting any value that Apple gets as a leg up over its competition.
Anywho, Apple is now trading right at the top of an 8 month range is is flashing overbought across the board. There is more downside from here in the short to medium term than upside.
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.
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.
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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.
