Apple has surged to new all time highs recently hitting 119.48. From these levels it has made a 5 wave sequence lower to 109.35 (a $10.4 move). Currently Apple looks to be in a corrective phase higher as noted by the A-B-C labels. Trade set up: I expect to see a 5 wave structured rally to complete the C wave taking the stock into the sell zone identified between...
For detailed analysis and commentary, see original blog post published here: www.syncubate.com Since the week of 10/13, when AAPL traded as low as $95.18, the stock is up nearly $25, having hit an all time high of $119.75 on 11/25. Yesterday, AAPL closed at $119, its highest daily close ever, and the company's market capitalization is now upwards of $700 billion...
If you want to try AAPL Long right here, just use UT 2 (the green uptrend line) as your guide. It could be a short ride but you never know... As long as AAPL is above UT 2, stay the course. But if AAPL closes below UT 2 before you have profits, get out of the trade. Once you have profits you have the ability to make "small adjustments" to trend lines. Just...
Analysis on chart... Apple should commence balancing period, with downside implications
For Apple fans everywhere, Thursday was a big birthday. 13 years ago, Steve Jobs revealed the first iPod. This was a major step for Apple as it increased its presence in the portable device market. It also paved the way for its giant iTunes business. The chart above shows Apple’s stock since 2001. It pays particular attention to the date and release of the first...
AAPL looks like it is topping out. Indicators are also pointing downwards. Only short when the trend confirms. The trend is your friend & betting against it can cause margin calls or losses. Playing against it, might be only good for short term trades. But going long at $AAPL at this stage might be a bad idea. Taking profits/closing profits or setting up a...
In a Potential Shorting Zone: There are couple of variation of counts and I am posting the one with which I am more confident. I can understand that this chart like many of my other charts will raise eye brows and Apple Inc is very popular with many investors who have done really well over many years will likely find my chart unacceptable. However, as you can...
It forms a Triangle and possible forms the wave 4 in APPLE.
Analysis on chart.. keep in mind they are monthly/weekly time frames
I believe, fundamentally, that blackberry is undervalued at its current share price and this is why. Initially that had a hard time keeping up with the competition, and lets face it the Z10 and the Playbook were both major flops. But a business can, and should use its failures to its advantage, and use it to tweak their business model which is what BB seems to be...
Apple failed the 9 MA indicating the short term has cooled. Apple is playing with the 50 DMA and the trendline support levels. Today's gap down invalidated the uptrend, came with higher volume, and and erased the prior bar's gains. I believe this to be a professional gap, ie: the market will continue in the direction of the gap for some time. Eventually, the gap...
The Apple Inc (NASDAQ:AAPL) Daily Diagram Technical Analysis shows the following: The AAPL share has moved under Tenkan Sen yesterday and reacted from KUMO. Weekly diagram is turning bearish. MACD and RSI both are bearish. The volume yesterday was 350% the usual. We have no special candlestick pattern. The share is above the KUMO but cut the Tenkan Sen...
Apple trend reversal signals are extremely strong now after the "buy the rumor & sell the news" today. It might very well close below EMA 50 today, and that includes rejection of the all time high made back in 2012 fall. If that does confirm, we are looking at correction down to 59~79 area which is a 40% correction (max). Next week's movement is critical here,...
Hello again, Here I'm taking a look at Apple stocks once again. Nothing unpredicted, As you can see from my previous idea I highlighted a zone using fibonacci relations for the price reversal. Now I has bounced off of that area. We're currently sitting in the A leg of an ABC correction move. If you're a short term trader you can look for shorting...
I suspect the 5th wave to not continue the uptrend because of this huge wave 3, If this scenario is correct, we have a nice double-top with a divergence on the Money flow index, Target @ next big support around 60$ Risk: 2% Reward: 52.96% R/R ratio: 26.48
Hello again, This time I'm taking a look at AAPL chart. It has shown an unbelievable move to the upside since god knows when. But what concerns traders in these situation is, when they see tremendous moves in a direction, they get both scared (that it might end and reverse) and greedy (that they're missing out all these huge profit). Now I've done an elliott...
I do this for a few equities to remind myself of the why and wherefore of price change. If you have any additions or i missed anything let me know.