AAPL - out of the chop zone, are we out of the woods?AAPL - got out of the 170-180 chop. It's sitting right in the gap from mid-February and that can act like a resistance. I'd like it to stay above 100 and 200SMA around 180 and not fall below. Below I'd be out. by Liathetrader1
AAPL Trigger first Slow Turtle Buy Triggers first Slow Turtle in 2024. Gap Up breaks above 180 and key EMA lines. Its now become Bullish but resisted by Downtrend line Take note on AAPL price structure where it will do a pit stop at every 10$, ie 170, 180, 190, 200 MCDX Retailer (Selling Volume) is now become insignificant (0%) while Banker (Buying Volume) starting to show up with weak 1%. Note : Historically, AAPL shows relatively higher chances of rally even with 1% Banker detected. FiFT Spike after show sign of Bullish Divergence (i.e Price showing lower low while FiFT making Higher Low) Summary It is now BULLISH but not yet uptrend. Other volume parameters (MCDX and FiFT) looks good. Look for BoD around 180 zone or wait for breaks above Trendline and Retest by kgiap1239
APPL could repeat previous trend of strong weekly RSI reversalsApple has in the past six years had very strong reversals from oversold RSI on the weekly timeframe. The last four since 2020 were as such: Feb 20 - Mar 20 82 > 54 > 100 (85% return low to high) Jan 22 - May 22 182 > 128 > 175 (40% low to high) Aug 22 - Jan 23 177 > 123 > 199 (61% low to high) Dec 23 - ??? 197 > 165 > ??? We have last shown a strong support at 165 formed in October 2023. I am expecting Apple to test this support and either come to 160 or go on a very strong push up. The catalysts to support this movement include earnings on May 2nd, as well as the earnings reports for much of big tech from April 22 - 26. WWDC is expected to be a very big one for Apple. AI is confirmed to be a large point of excitement. If Apple can follow through on delivering something that can be shown to provide a fresh take on their products that will make it hard for current users to not upgrade, than we could see the largest cycle of the iPhone ever seen. Price target for Apple sits at 250 EOY, with 200 reached by this summer for WWDC. Positions: 225 Apple shares at 181 average 37 235 Call contracts for Jan 17 2024 3 215 Call contracts for Jan 17 2024 Longby jgdubUpdated 2
Apple updateApple buy stop just started to run,I will be looking for more opportunities to open more buys after retest,n I wish you all the best n the patience to wait for more reward.Longby mulaudzimpho1
AAPL Apple Options Ahead of EarningsIf you haven`t bought AAPL before reaching all time high: or sold the beginning of the retracement: Then analyzing the options chain and the chart patterns of AAPL Apple prior to the earnings report this week, I would consider purchasing the 177.5usd strike price Calls with an expiration date of 2024-5-3, for a premium of approximately $2.36. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Longby TopgOptionsUpdated 9
Can AI Be the iPhone's New Ace in the Hole?Apple, the tech giant synonymous with innovation, has faced a slump in iPhone sales. A recent report showed a 10.5% year-over-year decline, raising concerns among investors and analysts. However, a glimmer of hope emerges with Apple's growing focus on Artificial Intelligence (AI). Analysts are increasingly optimistic that these "nascent" AI offerings could be the key to reigniting iPhone sales. The smartphone market has become increasingly saturated. Consumers are holding onto their devices for longer periods, with incremental upgrades failing to excite. Apple needs a game-changer, a feature so compelling that it compels users to upgrade. AI has the potential to be that difference-maker. Here's how AI could breathe new life into iPhone sales: • Personalized Experiences: AI can personalize the iPhone experience to an unprecedented level. Imagine an intelligent assistant that anticipates your needs, proactively adjusts settings, and curates content based on your preferences. This level of customization could make the iPhone feel like an extension of yourself, fostering a stronger connection with the device. • Smarter Camera Features: AI can revolutionize smartphone photography. Advanced image recognition could remove unwanted objects from photos in real-time, suggest optimal composition based on the scene, and even enhance low-light shots. Such features would not only elevate photo quality but also simplify the process, making professional-looking photos accessible to everyone. • Enhanced Security and Privacy: Security breaches and privacy concerns are major pain points for smartphone users. AI can play a crucial role in safeguarding user data. Imagine facial recognition that adapts to changes in your appearance or voice recognition that discerns between authorized and unauthorized users. Coupled with on-device processing of sensitive data, AI could make iPhones the most secure smartphones on the market. • Voice Assistant Revolution: Siri, Apple's current voice assistant, faces stiff competition from Google Assistant and Amazon Alexa. AI advancements could transform Siri into a truly intelligent companion. Imagine a voice assistant that understands complex questions, engages in natural conversations, and seamlessly integrates with other smart home devices. This would not only boost user convenience but also position the iPhone as the central hub of the smart home ecosystem. • Augmented Reality (AR) Applications: AI can be the driving force behind innovative AR experiences. Imagine using your iPhone to overlay furniture virtually in your living room to see how it looks before you buy it. Or, perhaps utilizing AI-powered translations in real-time during conversations abroad. Such AR applications, powered by AI, could unlock a whole new realm of possibilities for iPhone users. Of course, challenges remain. Integrating complex AI features requires significant processing power, which could strain battery life. Additionally, ensuring user privacy while leveraging AI capabilities is paramount. Apple must strike a delicate balance between innovation and user trust. Despite these challenges, the potential benefits are undeniable. By harnessing the power of AI, Apple can create a truly intelligent and personalized iPhone experience. This, in turn, could reignite consumer interest and propel iPhone sales back to new heights. The success of this strategy hinges on Apple's ability to execute. They must develop robust AI features that are not just gimmicks but genuinely enhance the user experience. If Apple can achieve this, the iPhone might just reclaim its position as the most coveted smartphone on the market, breathing life back into sales and solidifying Apple's reputation as a leader in cutting-edge technology. Longby bryandowningqln8
AppleThe company decided to conduct a record buyback of $110 billion. But it's can be finish...Shortby zerosee21
AAPL NASDAQ US MARKETS GANN ANALYSIS 04 MAY 2024...Apple share has been doing rounds between 168 and 198 from 19 Apr 2023 and recently 24 Apr 2024. So whole year we have seen the trading range where we got 2 up and 2 down moves in this trading range. Trading this range we coud hve reduced the cost of holding by 30 multiplied by 4 times which is 120 points with the current price at 183 odd. The holding cost rediced to 63 USD after collecting 120 USD in 1 year trading it on Gann Levels. W. D. Gann in one of the books has mentioned the cycle of 24 points. Now 168 is 24x7 cycle which is very near the odd square of 13. So after 168 comes 192 adding 24 points which is important for Apple share. So here 180 becomes important on it at 50% level. Next above 180 price next 50% level resistance is 204. We have made a high at 199.62 yet to cross to 200 mark. So Apple faces resistance at 204 to be watched henceforth. Chart show two important levels at 168.25 and 197.63. The trend level to attempt the high of 199.62 is 182.94. Momentum can be seen only above this level at current price. We have price and time squaring level at 183 on Apple share. So watch critically at 183 the price action ahead. Happy Trading !!! by kbr91219652
Apple: "Buy the dip " in short term?Hi Traders! On the daily time frame NASDAQ:AAPL has completed an important bullish structure and it is currently working on a corrective structure on the intraday chart. That said, in our view, Apple will trigger a bullish corrective structure in the near term, with ABC Pattern or a harmonic structure. With this in mind, our view is bullish with “Buy The Dip” with Target 1 around 180 area. Trade with care Like | Share | CommentLongby TheAnonymousBankerUpdated 7736
Apple's Q2 Earnings: Mixed Bag with Share Buyback Boost Apple's fiscal second-quarter earnings report presented a mixed picture for investors. While earnings per share (EPS) surpassed Wall Street expectations, overall revenue and iPhone sales experienced a decline. However, the company's massive share buyback announcement signaled confidence in its future. Earnings Beat Expectations, Revenue and iPhone Sales Fall Apple reported earnings per share of $1.52, exceeding analyst estimates of $1.48. This indicates that the company remained profitable, with each share of Apple stock generating slightly more income than anticipated. However, the news wasn't entirely positive. Total revenue for the quarter dropped 4% year-over-year to $89.5 billion. This decline highlights a slowdown in overall business compared to the same period last year. Further dampening investor sentiment was a 10% year-over-year decline in iPhone sales. This, Apple's flagship product, is a crucial source of revenue for the company. The decrease suggests a potential softening of demand or increased competition in the smartphone market. Tim Cook Cites Difficult Comparisons Apple CEO Tim Cook offered some context for the declining revenue and iPhone sales. He attributed the figures to a "difficult comparison" to the stellar performance of the same quarter in 2023. Last year's Q2 saw a surge in demand for Apple products due to factors like pandemic-driven remote work and learning. Share Repurchase Announcement: A Confidence Signal Despite the decline in revenue and iPhone sales, Apple made a bold move by announcing a staggering $110 billion share repurchase program. This is the largest such program in the company's history. Share repurchases, also known as stock buybacks, involve a company buying back its own shares from the market. This can have several implications: • Boosting Stock Price: By reducing the number of shares outstanding, buybacks can increase the earnings per share (EPS) ratio, potentially making the stock more attractive to investors. • Signaling Confidence: A large buyback program can be interpreted as a sign of management's confidence in the company's future prospects. They are essentially using excess cash to invest back into the company itself. • Returning Value to Shareholders: Buybacks are a way for companies to return excess cash to shareholders. This can be particularly appealing to investors seeking to generate income from their holdings. Looking Ahead: A Balancing Act Apple's Q2 earnings report presents a company navigating a dynamic market landscape. While EPS exceeded expectations, declines in revenue and iPhone sales raise questions about future growth. The massive share repurchase program indicates a commitment to shareholder value, but the effectiveness of this strategy hinges on Apple's ability to reignite revenue growth. Investors will be closely monitoring upcoming reports and developments to assess Apple's ability to overcome these challenges and maintain its position as a tech industry leader. Longby bryandowningqln0
Apple Stock Surges 7% After Record-Setting $110B Stock BuybackApple stock ( NASDAQ:AAPL ) rallied 7% after the company announced a record-setting $110B stock buyback program, marking the largest buyback value ever announced in US history. The move follows Apple's second-quarter earnings, which topped Wall Street's estimates by 22%. The company's board authorized $110 billion in share repurchases, a 22% increase over last year's $90 billion authorization. This marks the largest buyback value ever announced in US history. Apple also reported a revenue of $90.8 billion for the three-month period ended on March 30, despite a 4.3% drop from the year-ago period. The results came as a relief to investors, as Apple ( NASDAQ:AAPL ) has posted sales declines in the past five out of six quarters in the face of a tough smartphone market in China. Last month, Apple ( NASDAQ:AAPL ) was overtaken by Samsung as the world's No.1 phone maker, according to the latest data from research firm IDC. Apple ( NASDAQ:AAPL ) did not provide formal guidance for the rest of its fiscal 2024, but finance chief Luca Maestri said the company expected the current quarter will deliver double-digit year-over-year percentage growth in iPad sales. The Services division is also forecast to continue growing, including subscriptions, warranties, licensing fees, and Apple Pay features. Apple ( NASDAQ:AAPL ) reported reported net income of $23.64 billion, or $1.53 per share, down 2% from $24.16 billion, or $1.52 per share, in the year-ago period. iPhone sales fell nearly 10% to $45.96 billion, suggesting weak demand for the latest iPhone, the 15 Pro and Pro Max models, which were released in September. Sales of other Apple products, including its Apple Watch and AirPods headphones, also dropped 10% year-over-year to $7.9 billion. Mac sales were up 4% to $7.45 billion, attributed to the upgraded M3 chip placed in the company's new MacBook Air models as of March. Technical Outlook Apple Inc. ( NASDAQ:AAPL ) stock is up 6.37% at the time of writing trading above the 200-day Moving Average (MA) with a Relative Strength Index (RSI) of 67.45 paving the way for further growth. The daily price chart indicates a gapper effect, it appears to be an up-side gap that occurred as a result of the buyback fundamental.Longby DEXWireNews5
AAPL PUTSJumped right into my base for puts, i have this as a first retest.. Lets see if this baby gap fills.Shortby SPYDERMARKET0
APPLBased on the spike on apple stocks last night due to its financial report, my analysis for next TP will be at 195. It might get dragged to 182Longby haydenwong19991
APPLE approching towards the apex of the descending triangleNASDAQ:AAPL moving towards the apex of the descending triangle on weekly charts. We may see a drop from the levels of 169 Positive: Volumes are low which predicts otherwise Shortby the_terrific_mUpdated 1
AAPL Share Price Soars after Record Buyback AnnouncedAAPL Share Price Soars after Record Buyback Announced Yesterday, after the end of the main trading session, Apple published its report on its activities for the 1st quarter: → Earnings per share: actual = $1.53; expected = $1.505; → Gross income: actual = $90.75; expected = $90.36. The better-than-expected report came as a relief to investors after reporting lower sales in five of the last six quarters. In addition, the following could give positive feedback to market participants: → Apple's forecast is that its iPad manufacturing and services business will grow at double-digit rates; → company investments in AI. “We think we're well positioned,” Chief Financial Officer Luca Maestri told Bloomberg Television's Emily Chang. CEO Tim Cook is expected to outline Apple's artificial intelligence strategy at its annual Worldwide Developers Conference in June. → Apple Inc.'s big plan to restore investor confidence. It consists of a record $110 billion share buyback and a 4% dividend increase. As a result, AAPL's price rose nearly 8% in post-market trading, exceeding $185 per share, although yesterday's close was around $173. Technical analysis of the APPL chart today shows that: → if trading opens today at a price above $180, a significant bullish gap will form on the chart, which can serve as support in the future; → price dynamics suggest that the bulls are trying to break the downward trend channel (shown in red), and send the price further within the ascending channel (shown in blue), which begins in 2023; → with the B→C move being approximately 50% of the A→B move, this is a long-term bullish sign that allows us to evaluate the pullback from the important psychological resistance at $200 as a correction within the long-term uptrend. According to TipRanks, the average analyst price forecast for AAPL stock is $200 in 12 months. But it's possible that AAPL's target price could be raised given recent strong fundamentals. 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 FXOpen118
Apple sees drop in revenue and net incomeApple delivered its financial results for the second quarter of fiscal year 2024. According to the report, the company generated revenue worth $90.753 billion, down 4.3% YoY, and net income of $23.636 billion, representing a decrease of 2.16% YoY. Operating income amounted to $27.9 billion for the same period, falling 1.5% YoY. In addition to that, Apple announced the largest share buyback program in the company’s history, amounting to $110 billion. Net revenue = $90.7 billion (-4.3% YoY) vs. $94.8 billion in FY2Q23 Net income = $23.6 billion (-2.16% YoY) vs. $24.1 billion in FY2Q23 Operating income = $27.9 billion (-1.5% YoY) vs. $28.3 billion in FY2Q23 Earnings per share = $1.53 (0% YoY) vs. $1.53 in FY2Q23 Illustration 1.01 The illustration above shows Apple's price action in the aftermarket, with shares soaring more than 7%. Additional information Operating costs rose 5.2% YoY to $14.3 billion. iPhone sales fell 10.4% YoY. Mac sales increased nearly 4% YoY. iPad sales went down 16.6% YoY. Sales in the wearable, home, and accessories category dropped 9.6% YoY. Revenue from services grew by 14.1% The company’s liabilities declined by about 9.4% YoY. Apple increased its dividend to $0.25 per share. Forward guidance Apple did not provide any forward guidance. However, its CEO, Tim Cook, said the company plans to announce in regard to artificial intelligence. On top of that, he expressed optimism about the company’s operations in China. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor or any other entity. Therefore, your own due diligence is highly advised before entering a trade. by Tradersweekly4
AAPL has IndoChina headwinds SHORTAAPL is here on a 120-minute chart in what appears to be a falling wedge pattern. As volatility gets compressed further it could break down or break out with a bais for the latter. I believe that the rise of generic phones in China and Inda with comparable cameras and other functionality has impacted AAPL as had the rising prices of its flagship products. Time will tell how this plays out. In the meanwhile, I will consider that AAPL stays in its wedge and play the top trendline with a short and go long from the bottom. At present , with price at the upper resistance trendline, I will add to my short position. I see AAPL staying underneath the 0.5 Fib retracement level of the uptrend for the time being.Shortby AwesomeAvaniUpdated 2
Apple's Coming Rally 2024 Technical Reasons: Horizontal TL 2019 Diagonal TL Extremes indicator Price at Horizontal TL and Diagonal TL meeting point 200 EMA testing Huge volume at support 50% - 61.8% support Crown pattern Comment : Missing a solid, bullish, green candle on the daily chart Good technical value proposition Daily chart: Weekly Chart Support: Longby RocketmanUpdated 885
Apple ($AAPL) Set to Report its Second-Quarter ResultsApple is ( NASDAQ:AAPL ) facing low expectations as it prepares to report its second-quarter results, with its reputation as a market leader being refuted this year. The company's reputation for outperforming in all market conditions has been refuted, as it sharply lags peers with better growth, a clearer AI narrative, and a cheaper price tag. However, there may be less room for disappointment with a lowered bar, especially with a massive buyback announcement likely. Analysts expect Apple to add another $90 billion to its repurchase program, suggesting it will follow Alphabet Inc. and Meta Platforms Inc. among the big-tech names that have announced huge buybacks this year. Apple ( NASDAQ:AAPL ) has already spent more than $650 billion buying back its own stock since 2012. The buybacks have been a way for Apple ( NASDAQ:AAPL ) to support earnings, with revenue expected to fall almost 5% this quarter, representing its weakest rate in more than a year. Overall tech revenue is expected to rise 8.6% this quarter, according to Bloomberg Intelligence. The growth trends largely reflect the Greater China region, which accounted for nearly 19% of Apple's 2023 revenue. The stock is down 10% this year, compared with a gain of 3.9% for the Nasdaq 100 Index. Analysts are largely cautious, with the consensus for Apple's full-year revenue dropping 2.2% over the past quarter and the view for its net earnings being down 0.8%. Fewer than 60% of the analysts tracked by Bloomberg recommend buying the stock, a ratio well below that of another megacap tech. Google paid Apple $20 billion in 2022 alone to be the default search engine on its Safari web browser, according to unredacted documents that surfaced on the eve of closing arguments Thursday that will wrap up the Justice Department's landmark antitrust trial.Longby DEXWireNews6
5/2/24 - $aapl - beat but prefer the Q's on this print instead5/2/24 - vrockstar - hard to not opine here. valuation is v reasonable compared to the TNX and other big liquid tech considering play on AI integration (tools), VR/AR (even if it's small doesn't matter at all... rn - it's relevant for longevity of growth), services will continue to grow in the mix. lots you can do here. they have so much cash they can only do one thing with it... buy back shares. i'd be tempted to go long here, but i'm playing the QQQ's long as a response to this print which will also capture NVDA/ semis long too. GL to holders. I'd be a definite dip buyer even on a shallow one here. target is probably in the 180s. Longby VROCKSTAR0
AAPL Scalping Zones Mid Day Update. Levels on FIRE!!! 5/2Follow the team and bank. Check me out on x for more trading related post and analysis. by QuantumEdgeAnalytics0
The TradingView Show - Must-see Charts with TradeStationHello to all the global traders! We're live with David Russell, TradeStation's Global Head of Markets. He's also the one who publishes the research and analysis from the official TradeStation account on TradingView. Follow them here: www.tradingview.com In today's show, we're discussing the most important charts, interesting trades, and providing education to all traders. What's on David's mind? Interest rates, earnings, and big moves happening across equity markets from Apple to Goldman Sachs, Bitcoin, and copper stocks like FCX. We look forward to meeting all the traders out there and thanks for watching. Ask questions in the comments section, share your best insights, and be sure to subscribe to our future shows, all happening on TradingView and with our partners, influencers, sponsors, and global community. This show is strictly for education and entertainment. Never advice! Look first, then leap! - TradingView Important disclaimers for ETFs: www.tradestation.com Important disclaimers for options: www.theocc.com All other important disclaimers: www.tradestation.com01:05:02by TradingView1010 1.1 K
APPLE This is why you should not miss this buy opportunity.Apple (AAPL) dived by -18% from the December 14 2023 High and following yet another rejection on its 1D MA50 this week, many turned increasingly skeptical over the stocks future. On this chart however, we examine Apple's ratio against Nasdaq (NDX) and gives a very clear answer. As you can see, the ratio is about to form a Death Cross on the 1W time-frame, with the price attempting a rebound after having been hammered below the 1W MA200 (orange trend-line). In the past 11 years, every time the ratio was below its 1W MA200 (green arc) and on a 1W Death Cross in particular, that was the market bottom and Apple largely outperformed the rest of the index. In fact the minimum it rose by until the next large correction was +53.54% and the maximum +95.31%. In 1W RSI terms, this bottom is very similar to January 2013, when the RSI also got extremely oversold at 20.00. Bottom-line: Apple is most likely expected to outperform the index in the coming years, thus presenting a very rare long-term buy opportunity. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot5566