APC trade ideas
Apple's AI Breakout: How Much Higher Can it Go?
Apple’s (AAPL) share price surged to a record high last week, driven by the tech giant’s recent foray into generative artificial intelligence (AI). As investors celebrate this milestone, questions arise about how much higher Apple can go and whether this momentum is sustainable.
The Catalyst: Generative AI and iPhone Upgrade Cycle
The excitement behind Apple's rally was sparked by the announcement of its generative AI offerings. After a period of relative silence about its AI ambitions, Apple made a bold move, positioning itself alongside other tech giants like Microsoft and Google, who have already made substantial advancements in AI.
Generative AI has the potential to revolutionise various aspects of Apple’s product ecosystem. Imagine Siri with enhanced capabilities or hardware devices with significantly improved functionality. The market’s enthusiastic response reflects a belief that Apple’s AI initiatives could usher in a new era of innovation and revenue growth.
Adding to the surge is the potential for a significant iPhone upgrade cycle. With over 1.5 billion iPhone users worldwide, the introduction of new AI-powered features could trigger a massive wave of upgrades.
Historically, iPhone upgrades have been a substantial revenue driver for Apple. The integration of advanced AI features could entice current users to upgrade their devices, further solidifying Apple’s market position and driving financial performance.
The Breakout: Daily Candle Chart
Apple’s daily candle chart shows the significance of last week’s price action. The shares surged through a key area of resistance created by the highs that formed in July and December last year. The breakout was aligned with the stock’s multi-year uptrend and backed by strong volume. These two factors add weight to the theory that Apple’s AI-driven breakout is sustainable.
However, the Keltner Channels, which wrap a 2.25 ATR band around a 20-day exponential moving average (EMA), indicate that in the short-term Apple’s share price is over-extended. Apple’s breakout saw the shares race outside of the upper Keltner channel, creating the potential for prices to revert to the mean should buyers who bought during the breakout decide to take profits.
Given Apple’s long-term trend structure, we would expect the broken resistance zone to provide a key area of support moving forward. This structural level currently coincides with the 20-day EMA and may be targeted by trend continuation traders who are looking to time their entry into Apple’s powerful uptrend.
Past performance is not a reliable indicator of future results
Disclaimer: This is for information and learning purposes only. The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. Social media channels are not relevant for UK residents.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80.84% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
Navigating Investment Decisions with Tradingview: Apple exampleHello,
Investing and trading can easily scare participants in most cases. However, the different tools that Tradingview offers can make the work easier for you the investor. In this case I will be using a candlestick chart, a closer look at the price action, The date & price range tool, The vertical line tool and a combination of the financial data provided on the TV platform.
1st, My goal is to seek to understand the company. This can be done on the tradingview platform. This is very important because it builds a base on how the company makes its revenue as well as how its costs would look like. As per the platform.
www.tradingview.com
Apple, Inc engages in the design, manufacture, and sale of smartphones, personal computers, tablets, wearables and accessories, and other variety of related services. It operates through the following geographical segments: Americas, Europe, Greater China, Japan, and Rest of Asia Pacific.
Investing is greatly an act of faith and understanding how the organization has performed in numbers is very key. Although this cannot be assurance that the company will keep performing that way in future, the Tradingview platform gives you a historical view of how the company has performed, its asset quality vs liabilities as well as the cashflow positions. The above for our specific company can be found here www.tradingview.com
Once you have understood the story of the company and linked your narrative to the numbers, very key is to understand key upcoming events for the company and also how investors have reacted to the share price over a considerable period of time.
Our company apple has ranged between prices of USD 165 & USD 200. This is since July 2023. The company continues to be in a range for that period and is currently trading at around USD 168.45. This gives us a great entry price since the company's fundamentals remain quite strong. Using the date & range tool shows us that the company took 99 days to move from price USD 198 to USD 166. This represents an erosion of -16% but still a short opportunity. The company then took 51 days to move back to its top of USD 198 per share.
Just by merely looking at how fast the company is rising when it hits our bottom is great to show that the upwards momentum is stronger. Using this I shall be looking for buy opportunities from our current level with my target at the top.
The vertical line is very key in helping us know where we begin our analysis.
Very key also to bring into the analysis is the aspect of risk management which helps us set targets as well as identify areas where we need to exit our trades & relook at our analysis once again.
Conclusion:
Tradingview offers powerful tools that empower investors to make informed investment decisions. By leveraging features such as financial data analysis, market sentiment tracking, technical analysis, and risk management, investors can navigate the complex world of investing with confidence. Using Apple Inc. as a case study, we've demonstrated how Tradingview's tools can enhance investment strategies and drive success in the dynamic financial landscape.
AAPL next earningsAs of the last report, Apple's earnings are typically released quarterly. Here is a summary of the key highlights from Apple's most recent earnings report for Q3 FY 2023, which covers the fiscal quarter ending June 30, 2023:
Financial Metrics:
Revenue: Apple reported quarterly revenue of $81.8 billion, reflecting a 1% decline compared to the same quarter in the prior year.
Net Income: The company reported a net income of $19.88 billion for Q3 FY 2023, compared to $19.44 billion in the same quarter the previous year.
Earnings Per Share (EPS): Apple’s EPS for the quarter was $1.26, unchanged from the previous year.
AAPL, CONTINUOSLY REVERSAL FALLING WEDGE, 1HR CHARTHi, due to recent breakout, aapl need to find its footing before going bullish again. So I have identified some possibility. I need someone to verify my "falling wedge" pattern.
MAKE US PROUD MR. COOkNo matter how you slice this pie, it is going to taste good. The weekly volume is picking up, confirming the start of wave three, which is where the safe money is made. The ADX also indicating that this long term bullish push is just getting started.
Apple Next Target is Channel TopNow Apple Successfully Breakout above the Resistance level and Trading Within the Channel. Apple Next Target is the Channel Top.
Refer this image, Before Breakout the Resistance level.
I shared the Same Channel Pattern on TradingView for Bitcoin. Refer to this Images, showing Before and After the Target was Achieved.
The Channel is used to identified the Next Target (or) Next Impulse. Refer below
I want to help people Make Profit all over the "World". Additionally, I am Eager to Receive Money form Worldwide because of my Potential. Thank you
Triple Top Apple going down - ultimately a head and shouldersApple will pierce the 50 and go back to it's latest accumulation area due to coming out with nothing new besides a crappy calculator and hitching it's failing stock (Buffett sold) to the latest bubble fad: AI.
I see Apple ultimately failing because the future will get rid of free business models for "stake holders" - if Biden gets reelected because we will have DIGITALID after the election and CBDC's shortly after that. If Trump gets in we'll morph to a gold standard, and Apple will have one last gasp of an idea that completes the right shoulder before the global economy is lost to global depression because of The Great Reset which is unavoidable due to currencies being ticking time bombs due to the coming sovereign defaults.
This will ultimately push up the dollar to 160+ before imploding itself.
I don't see ANY reason to hold Apple here. Fear and Greed is turning on the Weekly and Greed is losing momentum, RSI turning down and MACD is forming a crossover soon.
I'd buy puts on this: September 130 going for .25, this will return 20x.
NOT FINANCIAL ADVICE
AAPL blasts to new ATH, heads up at $209 then 220 for pullbacksPart of my ongoing analysis, see links below.
Finally, a break of our 3 YEAR old resistance (see below).
WWDC event probably fueled the surge, albeit a day late.
Mapped are key resistances above, for possible pullbacks.
$ 208.26 - 209.53 is the immediate hurdle.
$ 218.76 - 220.68 is a more serious barrier.
$ 256.10 - 257.41 is next MAJOR resistance.
.
Previous posts covering AAPL (click):
- Genesis (from birth) Sequence
- $197 was targeted 3 Years ago
- $159 was the focus 2 yrs ago
- Exact map of ATH Resistance
.
I will post updates as price action progresses
=======================================================
AAPL upside target 240.0AAPLU is currently maintaining a very upward trend, and the price continues to refresh the historical high. At present, you can pay attention to the upward AB=CD pattern, with the target at 240.0. The current support below is around the 200.0 integer mark.
APPLE WEEKLY UPDATEHello, traders here is an update on APPl stock as you can see the price broke the resistance level as I predicted so now I will hold my buys and wait for the price to come down and turn this resistance level into support, and then I will look to add more buys.
aapl in the danger zoneapple is up 54 points in 54 days.
be careful here as a sudden downturn can happen any moment.
Navigating Unusual Price Movements in the Stock MarketThe stock market is a dynamic arena where prices fluctuate continuously. While many movements follow predictable patterns driven by economic indicators and corporate performance, others are sudden and seemingly irrational, leaving investors puzzled. These unusual price movements often present both risks and opportunities. Instead of merely questioning why these anomalies occur, investors can focus on how to anticipate them and leverage these movements for potential profit. Here, we explore strategies to predict future price actions and capitalize on them.
Understanding Unusual Price Movements
Unusual price movements can be attributed to various factors, including:
Market Sentiment: Emotional reactions to news, rumors, or economic reports can lead to sharp price changes.
Liquidity Events: Large transactions or shifts in the market can cause significant price swings.
Algorithmic Trading: Automated systems executing large volumes of trades can create rapid price fluctuations.
Short Squeezes: When heavily shorted stocks rise unexpectedly, short sellers rush to cover their positions, driving prices higher.
Technical Breakouts: Prices breaking through historical support or resistance levels can trigger substantial movements.
Identifying Patterns and Predicting Future Movements
To benefit from unusual price movements, it’s crucial to identify potential triggers and patterns that may signal future trends. Here are some strategies:
1. Technical Analysis
Technical analysis involves examining past price movements and trading volumes to identify patterns and predict future behavior. Key tools include:
Candlestick Patterns: Recognizing patterns like the "Hammer," "Doji," or "Engulfing" can indicate potential reversals or continuations in price trends.
Moving Averages: Analyzing short-term and long-term moving averages helps in understanding the market's direction. Crossovers, where short-term averages move above or below long-term averages, can signal buy or sell opportunities.
Relative Strength Index (RSI): This momentum oscillator measures the speed and change of price movements. RSI values above 70 or below 30 can suggest overbought or oversold conditions, respectively.
2. Event-Driven Strategies
Monitoring news and events that could influence market sentiment is crucial. This includes:
Earnings Announcements: Quarterly earnings reports often lead to significant price reactions based on performance relative to expectations.
Economic Indicators: Data releases, such as GDP growth, unemployment rates, or inflation figures, can impact market movements.
Mergers and Acquisitions: News of M&A activity can drive prices up for the target company and down for the acquirer.
3. Sentiment Analysis
With the rise of social media and online forums, sentiment analysis has become a powerful tool. By analyzing public sentiment, investors can gauge market mood and potential movements. This involves:
Social Media Monitoring: Tracking platforms like Twitter or Reddit for mentions and sentiment around specific stocks or sectors.
News Sentiment: Assessing the tone and frequency of news articles to understand market sentiment.
4. Algorithmic and High-Frequency Trading
Sophisticated investors and firms use algorithms to exploit short-term inefficiencies in the market. Strategies here include:
Statistical Arbitrage: Using mathematical models to identify price divergences and execute trades to profit from expected convergence.
Momentum Trading: Leveraging algorithms to identify and ride the momentum of rapidly moving stocks.
Capitalizing on Continuing Price Movements
Once an unusual price movement is identified, the next step is to determine if there's potential for further movement and how to capitalize on it. Consider these approaches:
1. Trend Following
If a stock shows a strong upward or downward trend, investors can use trend-following strategies to capture the majority of the move. Tools like moving average crossovers and trend lines can help identify entry and exit points.
2. Contrarian Investing
In markets with extreme price movements, contrarian strategies can be effective. This involves betting against the prevailing trend, assuming that the market will revert to its mean. Indicators like RSI and Bollinger Bands can signal overbought or oversold conditions.
3. Options Trading
Options provide a way to benefit from volatility without directly holding the stock. Strategies include:
Buying Calls or Puts: For investors expecting a significant move in either direction.
Straddles and Strangles: To profit from volatility, irrespective of the direction of the price movement.
4. Leveraging Market Anomalies
Identifying and exploiting market anomalies such as:
Seasonal Trends: Certain stocks or sectors perform better at specific times of the year.
Post-Earnings Drift: Stocks often continue to move in the direction of the earnings surprise for several days or weeks.
Risk Management
While unusual price movements offer opportunities, they also come with heightened risks. Effective risk management is crucial and can be achieved by:
Diversification: Spread investments across different sectors and asset classes to mitigate risks.
Stop-Loss Orders: Use stop-loss orders to limit potential losses.
Position Sizing: Avoid putting too much capital into any single trade, especially in volatile markets.
Conclusion
Unusual price movements in the stock market can be a double-edged sword. By understanding the underlying causes and employing a combination of technical, event-driven, and sentiment analysis, investors can predict future movements and capitalize on them. Whether through trend following, contrarian investing, or options trading, there are myriad ways to benefit from these market anomalies. However, robust risk management strategies are essential to protect against potential losses and ensure long-term profitability.
In the ever-evolving landscape of the stock market, staying informed and adaptive is key. By leveraging both traditional and modern tools, investors can navigate and profit from the complex tapestry of market movements.
6/7/24 - $aapl - the beneficiary of $nvda take profits. NOTE it.6/7/24 - vrockstar - NASDAQ:AAPL - pointing out something interesting here... NASDAQ:NVDA has carried the tape for the last several weeks. other mag 7 too... but today is particularly interesting ahead of NASDAQ:AAPL event to see it getting the bid. this IS THE HAVEN. tape if does go up will go up on the back of NASDAQ:AAPL , and it looks to be the biggest beneficiary of flows from other names. I'm opportunistically OUT of my NASDAQ:NVDA into next week, bot NASDAQ:AAPL 200C's and hedged w/ AMEX:SOXL P's 2 weeks out. i remain cashy and hedged generally. see my other comments for other ideas and have a good weekend fam.
-V
Clear 20% upside potential within few monthsTechnical analysis speaks for itself.
Some key facts:
Analyst Wamsi Mohan rates Apple as Buy with a $225 target, citing capital return, Gen AI, iPhone 16, and profit growth as growth drivers for 2024.
Apple to unveil new iPad versions on May 7, featuring OLED displays, updated chipsets, and redesigned Magic Keyboards, aiming to boost falling Mac and iPad sales.
Apple's iPhone sales in China fell 19% in Q1, the worst since 2020, losing share to Huawei. Government ban impacts sales. Apple cuts prices, plans new strategies to boost sales.
AAPL or Apple shares Buy PossibilityApple shares had same negative news, lawsuit and such.
We see a nice defensive support line around 169.35, we have gone up from here before.
Simple 1/1 ratio stoploss to take profit back to the 2 previous tops.
Market Crash - Magnificent 7 Ascending WedgeYet another ascending wedge here on the magnificent 7. Not only that, it has a fakeout today above and closed with a large upper wick. Bearish signal in my opinion. It's sitting right at the top end of the wedge heading into CPI and FOMC. It can go either way, it should be a big move. The odds are in favor of a drop based on this wedge pattern.
"The specified direction has been realized.""The specified direction for AAPL stock has materialized according to resistance level 1. If continued, potential resistance points 2 and 3 could be identified for profit-taking."
"Investors should understand the nature of the product, return conditions, and risks before making investment decisions."
Apple double topI think Apple will drop down next moths because of a double top that failed to reach a new ATH
Arrival price can be near 140-150$
Short $AAPL between $191-196. Target below $100?NASDAQ:AAPL is starting to look like a really great short opportunity. As you can see from the chart, the bullish trend that started in 2020, broke down in 2022 and hasn't been able to confirm support above it.
We confirmed resistance on that trend line in August and now looks like we're going back to test it one more time. I'd imagine this time, it won't break through and we should see a strong downward reaction afterwards.
I think we'll see price fall after that December pivot and then bottom sometime before 2025 at the lower support level.
Let's see how it plays out over the coming year.
Apple updateAm targeting 225_235 investment goes according to the plan still valid for those who missed it you can manage to collect some pips thanks,for those who advantage and use this opportunity.
