$AAPL - Possible triangle breakdownNASDAQ:AAPL There is potential for a triangle breakdown. At a minimum, it could come down to the $199 area. In the worst-case scenario, it could fill the gap around $173.
As always, I share my opinions and trades. I'm not suggesting anyone follow my trades. You do you.
APC trade ideas
AAPL: TA for tomorrow trading (10/07/2024)Key Levels:
Resistance Zones:
228.01: This level is acting as a strong resistance, as price has struggled to break above it during previous tests.
227.34: This is a short-term resistance level, which aligns with recent price rejection. The price will need to break and hold above this level to move higher.
Support Zones:
225.67: This is an immediate support zone, where the price has previously bounced.
223.01: This is a significant lower support level that acted as a floor during the recent price action. A break below this level could signal a further downside move.
Price Action:
There’s a range-bound movement in the recent price action, indicated by the green rectangular box. The price has been consolidating within this range between 223.01 and 228.01, with no clear breakout in either direction.
The formation of a potential rising wedge can be seen from the lows near 223 to the current price level. This could indicate a possible breakout or breakdown soon.
Volume Analysis:
There has been a noticeable increase in volume during the recent moves upwards, but the volume tapered off toward the upper range. This could suggest a lack of conviction in breaking resistance.
If volume picks up near resistance at 228.01, this would be a key indicator of a possible breakout.
Indicators:
The chart shows oscillators moving sideways, indicating indecision and consolidation in the market. The next few candles will be crucial for determining a breakout or breakdown.
Strategy for Tomorrow:
Bullish Scenario: If AAPL breaks above 228.01 with strong volume, it could push higher towards 230 or beyond. The immediate resistance after that will likely be around 231-232.
Bearish Scenario: If the price gets rejected at 228.01 or breaks below 225.67, it could move towards testing the 223.01 support level. A break below 223.01 could trigger more downside momentum, with a target near 220.
Entry/Exit Points:
Bullish Entry: If AAPL breaks above 228.01, consider entering a long position with a target of 230-231. Place a stop-loss below 227.34 to manage risk.
Bearish Entry: If AAPL breaks below 225.67, a short position could be considered with a target of 223.01 or lower. Place a stop-loss above 227.34 to minimize risk.
Watchlist:
Breakout above 228.01: Look for strong volume confirmation.
Breakdown below 223.01: Watch for selling pressure to increase.
AAPL Weekly & Daily Tech Outlook: Trends and SignalsNASDAQ:AAPL Technical Analysis
Weekly Perspective
AAPL's weekly technical indicators present a mostly bullish scenario, with the majority of moving averages signaling buys.
Oscillators: Most oscillators are in neutral territory. The Relative Strength Index (RSI) is at 62.86, indicating neither overbought nor oversold conditions. The Momentum (10) is the only oscillator showing a buy signal, suggesting increasing bullish momentum. On the other hand, the MACD is signaling a sell, which could indicate some weakening in the momentum.
Moving Averages: All moving averages, both exponential and simple, are signaling buys. The 10, 20, 50, 100, and 200-period moving averages are all below the current price, reinforcing the long-term bullish trend. The fact that the Hull Moving Average shows a sell signal might indicate a potential short-term pullback, but this doesn’t seem significant in the broader picture.
Overall, the weekly chart for AAPL presents a clear uptrend supported by moving averages, though oscillators indicate some caution as momentum isn’t fully confirmed.
Daily Perspective
On the daily chart, the technical analysis is more mixed, with some contradictory signals.
Oscillators: Similar to the weekly chart, most oscillators are in neutral territory. The RSI stands at 53.03, indicating balance between buyers and sellers. However, the Momentum (10) shows a negative value (-1.40), suggesting some bearish pressure, though this is counterbalanced by buy signals from the MACD and Bull Bear Power. This divergence in signals suggests that the price could be in a consolidation phase or transitioning into a new move.
Moving Averages: Daily moving averages show a more positive outlook, with most indicating buys. The current price is above most exponential and simple moving averages (except the 10-period SMA). This behavior suggests that despite some potential short-term bearish pressure, the medium-term trend remains bullish.
In summary, the daily analysis suggests AAPL might be undergoing a minor correction or consolidation before continuing its upward trend. The buy signals from the moving averages remain strong, though caution is advised due to mixed oscillator signals.
Conclusion
AAPL is maintaining a bullish trend, particularly supported by moving averages in both timeframes. However, oscillators reflect some uncertainty in the short term, which could indicate a consolidation phase or a minor pullback before resuming the uptrend. It's important to closely monitor support and resistance levels in the coming days, especially if momentum indicators begin to weaken.
Disclaimer: The information provided in this analysis is for educational and informational purposes only and should not be considered financial or investment advice.
Apple - How I'm Looking to Trade Apple This Week Monthly & Weekly MAC strategy suggests dips into the Weekly &/or Monthly MAC low are good setup areas for going long. Essentially, I'm looking to buy the dip if we get a price move into the levels noted in the video. I would not just be buying the MAC lows. I would be looking for entry triggers on my entry timeframes in those areas.
I also point out that there are some Monthly/Quarterly bearish divergences forming, but nowhere near confirmation, so bulls need not worry.
In short, I'm looking to buy the dip on Apple.
Have a great weekend.
AAPL Shows Mixed Signals in the MarketAnalysis of NASDAQ:AAPL 4-Hour Indicators
Oscillators:
Relative Strength Index (RSI): At 47.64, the RSI is neutral, suggesting that the stock is neither overbought nor oversold. There is room for movement in either direction.
Stochastic %K: This indicator is at 17.70, which implies that the asset is in a bearish trend but may be approaching oversold conditions.
MACD Level: The MACD is currently at 0.34, indicating a bearish momentum, as it is below the signal line.
Awesome Oscillator: At 0.69, this indicator suggests that there is a slight bullish momentum but not strong enough to trigger a buy signal.
Momentum: With a value of -3.16, this indicates selling pressure in the short term.
Moving Averages:
Short-term MAs (10, 20, 30): The short-term moving averages are all signaling a sell, indicating a bearish sentiment in the immediate price action.
Long-term MAs (50, 100, 200): The 50, 100, and 200 period moving averages are all showing buy signals, indicating a potential bullish trend in the longer term.
Hull Moving Average (9): This indicator at 224.39 is also showing a buy signal, suggesting that there could be a potential for upward movement if prices stabilize above this level.
Trading Recommendation
Given the mixed signals in the indicators, the current sentiment for AAPL appears to lean bearish in the short term due to the short-term moving averages and momentum indicators suggesting a sell. However, the long-term moving averages (50, 100, 200) indicate a bullish outlook, suggesting that a recovery could be on the horizon.
Trade Signal:
Action: Wait for a confirmation of bullish momentum.
Conclusion
AAPL is currently experiencing bearish pressure, but the indicators suggest potential for a bullish reversal if the stock can hold above key support levels. Monitoring price action for confirmation will be crucial for entering a trade.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Trading involves risk, and past performance is not indicative of future results. Always conduct your own research and consult with a financial advisor before making investment decisions.
AAPL: 25% Correction / Liquidity Gap at $175🔸Hello traders, today let's review 12H price chart for AAPL/Apple.
This is advanced technical trade setup based on historic price fractal.
🔸AAPL currently entering distribution at the top stage with
distribution defined by the ABCD fractal. Same price fractal
was observed in the market in Dec21/Jan22 before a subsequent 25%
market correction in AAPL.
🔸ABCD ongoing distribution defined by range highs at 230 USD
and range lows at 205 USD. Once we complete the ABCD structure
expect a sharp mark-down in price / correction from point D into
point E near 175 USD liquidity gap / open gap will drag price down.
🔸Recommended strategy AAPL traders: Advanced traders may
short AAPL / buy May 2025 LEAP put options. No valid strategy
currently for the bulls, it's best to wait until liquidity gap gets filled
later in Q1/Q2 2025 before buying low at/near 175 usd.
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Apple Stock:The 3 Steps Rocket Booster Strategy [Learn More]Apple stock looks like its trending upwards.
Today I was thinking about how to trade
the markets with less risk and if that's even possible.
-
Do you think you can trade the markets without risk?
What is your risk management strategy?
-
As traders we are all different that's why
its not easy to teach risk management, and profit-taking
because its a personality thing
-
The rocket booster strategy is technical analysis.
It has the following steps according to
this NASDAQ:AAPL stock chart:
-The price has to be above the 50 EMA
-The price has to be above the 200 EMA
-The 50 EMA should cross above the 200 EMA
-
That is the rocket booster strategy
To learn more rocket boost this content.
Disclaimer: Trading is risky, please
learn risk management
and profit-taking strategies.
New indicator with a better Weekday Highlight capability Weekday Highlighter (ICT)
This Indicator can be used across all assets (Crypto, Forex, Stocks, ETFs...). The Weekday Highlighter will be handy while trader analyze an asset using ICT-SMC methodology to understand AMD cycle (Accumulation, Manipulation, Distribution) which is crucial for understanding weekly candle patterns
Why this Indicator?
I did try few available indicators in trading view that are used to highlight weekday. They do work fine, but has few problems like the ones that I have mentioned below. This being a straight forward script and does not have any complex logics underneath, I gave a shot to just address that and added features that are good to have.
• Other Indicators just Highlights the selected weekday in the main chart. However, it would still be amidst the clutter of other candles.
• Weekday Highlighter (ICT) Indicator just refines those candles that are “Selected” on to a separate pane thus mitigating visual discomfort, moreover enhances this option to highlight with different colors for different days as needed.
• As a good to have feature I tried to show the selection done in the input screen and furnish in a tidy Table.
• I do respect traders choice and their inclination towards having different table position or Alignment and Size. Hence added the same.
• You can also disable this table display from the style tab in settings popup.
I have planned to add few more features in future on this script, stay tuned.
I am also creating few more scripts similar to this one and scripts on other concepts to find dynamic Levels, Screeners etc. Please reach out to me for Queries on this script or new script creation requests.
Learn More, Trade safe, Earn More...
Greer BuyZone Release UpdatesIn this video I explain the updates to the Greer Buyzone Indicator
Release Notes:
9/12/24: Clean-up of options so vertical lines are removed by default but can be added if desired. Improved text readability by adjusting the text size.
9/29/24: Adjusted the "BuyZone Begins" text to appear below the price bar for better readability.
9/30/24: Added an optional BuyZone Box to better visualize buy periods, along with the ability to toggle text labels on or off.
10/3/24: Introduced alert capability to notify users when BuyZone periods begin and end.
Apple (AAPL) Ultra-Bearish (Months Long Correction Confirmed)We have the same signal here on this APPL chart as with other major stocks and indexes. We have a major high in July 2024 and a confirmed lower high in September; this signals the confirmation of the bearish-trend and now the continuation of the bearish move.
This bearish move will last longer than July, likely, because more space needs to be covered, that is, prices are likely to move much lower and thus it can take longer unless we get a major flash crash.
The bearish signals are clear, classic and simple. Let's review them:
1) Rising bearish volume. The biggest volume bars are red and this can be clearly seen on the chart. 3-May, 21-June and 20-September. This reveals selling pressure.
2) The lower high just mentioned is the most revealing signal. Volume is the supporting signal.
3) Moving average. This is another supporting signal. Prices are now moving daily below EMA8, EMA13, EMA21 and EMA34.
The main support range is mapped on the chart. These are high probability targets.
This correction can last between 3-6 weeks, in the best of cases.
Thank you for reading.
You are appreciated.
Namaste.
Apple Breakout!!! Alert1. Apple has always had poor sales in comparison to other devices...But who cares? Everybody to your left and right owns an iPhone.
2. Apple's AI is not 100% priced into the stock right now. Therefore, the drop is currently a discount.
3. Android OS already is lagging behind Apple.
AAPL's clear path to $4T market cap
Apple has been in this consolidation box for 1,190 days i.e., 3 yrs, 3 mos. It broke out on strong volume, followed through and then back-tested. What does this mean?
If we are still in mid-cycle in this long duration secular bull trend, and not late cycle, then this break-out has legs to go. Couple of fundamental catalysts: iPhone 16 super cycle, refreshed Watch, AI assistant and new wearables e.g., hearing aid.
The previous trading range peak to trough was 30%. If we were to assume the same trading range in this new peak trough, what would upper price be in this range? ~$258.
And what is the market cap if it hits this price? $4 trillion.
$AAPL - forming ascending triangle pattern- likely to break outAAPL - stock forming an ascending triangle pattern on daily time frame. look like time for breakout above $233.12. Stock is strong on daily and weekly time frame. Looking calls above $233.12 for a move towards $237 and $250. on high watch. swing calls added in group
APPL is hitting cluster support!🔭🤔boost and follow for more ❤️🔥
apple is at extremely oversold RSI levels, resistance = support area and is approaching a local support zone. all signs that a reversal is likely... I wont be surprised to see apple back to 181-196 targets very soon!
not the most volatile stock but pretty predictable, no wonder buffet loves apple! 🔥
last chart from me today, hopefully I will see you soon with more 🤝
Apple Stair-Steps Toward a Potential BreakoutApple could be stair-stepping toward a potential breakout as a big month approaches.
The first pattern on today’s chart is the pair of rallies and pullbacks since early August. Both times the smart-phone giant bounced at a 50 percent retracement of the upward move. (See the green arrows.) Does that reflect the presence of an uptrend?
Next, AAPL is holding above its 21-day exponential moving average and 50-day simple moving average. That may reflect the presence of bullish uptrend.
Third is the 2023 high of $199.62. The stock broke through that resistance in June after announcing AI support at its Worldwide Developers Conference. It then found support around that old resistance last month.
The first AI features are expected to appear in October, along with quarterly results. Traders looking for a breakout may look to those catalysts for cues.
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Greer TimeThis script is designed to help traders visualize key price levels over a customizable look-back period (default set to 233 bars/days). The script calculates the highest, lowest, and midpoint prices during this period and shades the chart to highlight price zones.
In addition to showing these important price levels, this script provides visual guidance for investment decisions:
Green Section (Upper Zone): When prices approach the upper green zone (near the highest point), it might be a good opportunity to take profits or perform investment management. This zone often indicates that the asset is trading near its recent high, a possible signal of overbought conditions.
Red Section (Lower Zone): When prices approach the lower red zone (near the lowest point), it may present a potential opportunity to dollar-cost average (DCA) into the investment. This zone can signal that the asset is trading near its recent low, which could be favorable for accumulating more shares at a discounted price.
Important Note:
New Trend Indication: When the price hits the bottom of the red line or the top of the green line, this signifies a new low or new high for the current look-back period. This often signals a potential new trend emerging in the market, as these points indicate the breaking of previous resistance (green line) or support (red line). Pay close attention to these movements, as they can serve as early indicators for trend reversals or trend continuation.