AAPL: (follow-up) yesterday's drop in more detailsfellow traders, here's the zoom-in view (30min bars) of yesterday's session against the short-term projection levels
* the last hour of the session had increased selling that started pushing the price down - indicating that sellers may continue to be in control for few more days until the supply / fear / cashing-out is over - so we'll keep watching these projected price levels
* if you want to go long AAPL (i do!), i suggest to be patient and wait until there's more favorable winds in the right direction. we're not there yet. AAPL is not going anywhere soon and there will be a lot of opportunities in future - patience will be rewarded :)
let me know your thoughts and comments if you find sharing this analysis useful?
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AAPL: Interesting long term pattern (bearish reversal pattern)Could AAPL be headed much, much lower? Over the past 9 years it has certainly formed an interesting ascending wedge pattern.
Ascending wedges are typically considered a bearish/reversal pattern, so one might expect AAPL over the next 2 years or so to break significantly to the downside. The wedge we see on this weekly time frame could be consistent with an Elliott wave count as waves 2 and 4 are allowed to overlap in triangles (otherwise the wave count would be invalid).
Well, it's just an idea at this time based on the story the chart looks to be telling me. Will it play out? Guess we'll find out over the next few months/years.
AAPL Jan 155 put optionsNASDAQ:AAPL broke resistance following a lower high. Next week it might be the perfect storm for AAPL to touch or 154 or lower
dissapointing Iphone X sales with earnings report on May 1st '18 at 4pm bgr.com
general market direction NASDAQ:QQQ
Technical analysis shows no resistance until $154
Bought put options today , will update next week.
AAPL : Looks like Bearish !!Hits the upper trendline resistance !!
On Monthly Charts Aapl unable to close above 180 for past 2 months !!
MACD -- Turning Bearish -- May be Repeat of 2012 move !!
CLose below 165 on weekly would be bearish and close above 180 on monthly would be bullish / overbought !!
AAPL : Short Around 180 -- Target 132 Last Breakout -- Stop Any Close above 180 on weekly !!
Time Line -- 3-4 Months !!
AAPL Set Up For Short Spread EntryUtilizing our system, AAPL currently has ~76% chance of a trend reversal based upon 3 years worth of price data. Therefore, with a $2 risk to set up for a counter trend entry, AAPL may be ripe for a $145/$146 Credit Spread.
This sets a max profit of 53% ROR/ROI. Stop loss is above the reversal bar on market close.
Implied volatility is increasing due to earnings being just around the corner, so we've looked to sell the April 28 expiration for a decent risk/reward. The one word of caution on this trade though is earnings, as it can be a double-edged sword in the game of trading AAPL. If price does indeed drive downward to begin a potentially strong down-move, IV will drop and we'll close the trade if any bullish reversals show in order to maintain our strong position.
AAPL: Long amidst droves of bearsI'm long AAPL, and would like to share my chart setup here.
There's a very interesting level below price, and also below the S&P500's low.
Tim West has covered this extensively in his publications, it's a technique used to find prices where the smart money has bought, absorbing retail supply en masse.
These levels are detected using Vix spikes, and finding the price where a 75% retracement of the fear spike landed.
I won't go into much more detail about it here, but I'll clarify my reasoning for this entry.
I was looking for a good price to go long AAPL for a while, and expected it to reach the 100 mark.
We had a weekly downtrend signal operating and recently we not only exceeded the target, but also time for it ran out.
So there are multiple reasons to enter the long side here, with either a wide stop loss or no stop and adjusting position size based on volatility.
If interested in learning more, contact me for more information. As many know, I'm running a trading group where I share setups such as this or any of the published charts I have, but with very clear money management cues, such as add in opportunities, trailing stops, etc. as well as other options for traders who can't trade themselves directly or those who wish to receive coaching..
Cheers,
Ivan Labrie.
Likely, the most anticipated AAPL chart on the internet Here's the deal on AAPL. IT bounced off of the very obvious support level around $120 before. Right now it's trading at $122 after hours.
Here's my trading plan.
I'm looking to buy off the 200 SMA. HIHGLY considering 119.81 limit buy for tomorrow with a stop at 118.
target of 133 again
If AAPL does not trade down to the 200 SMA tomorrow or this week and I miss the opportunity to buy, I'll get into the 115/110 Aug bull put spread or something similar and then Leg into a Bear call spread (possibly) to complete the Iron Condor if AAPL reaches the $133 resistance again
AAPL Signals Short Term DropOf the 71 times AAPL triggers a sell on my RSI indicator (the magenta arrow at the bottom of the chart), the stock drops 97.143% of the time in the following 25 trading days. During 37% of the successful drops, the stock moves upward for 1-4 more days after the signal occurs in what I call the delay period.
What qualifies as a successful drop? The sell signal was triggered based on the closing price of AAPL stock on July 10, 2024 at 232.98. This means 97% of the time the stock will move below this closing price in the near-term. 2.85% of the time, the stock does not drop below this price over the following 25 trading days. The stock has always dropped below the signal closing price by at least 0.266% over the next 100 trading days.
On the chart above, the red boxes at the top are the delay zones of interest. The larger red box contains 100% of all delayed movement. The smaller box contains the stock's top or peak of the delay for 50% of the occasions. The same holds true for the two large green target boxes on the bottom. The final downward movement bottoms in the smaller green box 50% of the time, while the much larger green box contains bottoms or valleys for all downward movement.
This delay period of potential continued upward movement has historically had a maximum 3% gain before the stock eventually dropped. Regarding the bottom of the drop. Over the next 25 bars, it can occur on any day in the range with the median bottom occurring by day 8. 75% of the bottoms have occurred before day 18. The stock drops a minim of 0.266%, and median of 5.021%. 25% of the bottoms are no lower than 2.152%, while 75% of the drops are 8.3% or less.
The four shallowest drops over the next 25 days have been 0.266% (September 2010), 0.312% (February 2017), 0.827% (March 2019), and, 0.868% (August 2020) while the four deepest drops have been 63.23% (August 2000), 26.58% (December 1999), 26.51% (January 2006), and 24.80% (September 1999). The most recent double-digit percentage drop was 15% in April 2019. All shallow drops occurred in the most recent strong bull market, while the largest drops were part of the dot-com bubble burst.
While this current potential drop will likely avoid the sharper end of sell-offs, it is always interesting to see the strength and accuracy of signals. Historical movement is not indicative of future movement, but it is good to have as a data point.
AAPL ~ Snapshot TA (Daily / Nov 2023)NASDAQ:AAPL chart mapping/analysis.
Clear breakout of descending parallel channel (white).
Bull target(s)
Overhead gap fills
Previous ATH (~197.70)
Ascending trend-line resistance (green dotted)
Upper range of ascending parallel channel (light blue)
Bear target(s)
Descending parallel channel (white) aka "return to scene of crime"
23.6% Fib
Ascending trend-line (green dotted) + 38.2% Fib confluence support zone
Descending trend-line (white dotted)
AAPL Targets Lower, Be SmartWe are at an interesting zone when it comes to AAPL. It's holding strong above the most relevant pivot low as you'll see in the chart. There is a chance that it can go up fro here so if you would like to long, I would place a stoploss elow the recent wick low. I would also manage my position size so the its a 1% risk on the trade it your stop was to hit.
In the end, when zooming out, I think AAPL will retrace back to the bottom of the channel before pumping higher. There are a few key levels on the way dwn where we can expect a reaction and other trade set ups to play out.
I'm currently long, anticipating a small bounce at these levels, with a 1% stop under the current wick low. Lets see how it all plays out.
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AAPL is toast - full analysis short tradeOur job as traders is not to predict. It is not to guess. Our job is to INTERPRET the market action.
Apple, at least in my opinion, is showing very obvious signs that the party is over and institutions are dumping the stock.
Here is my quick 10-minute analysis of why AAPL is a short here, along with a simple option trade and how you can spot similar setups in the future.
AAPL - 60min also super bearishHere's the 1H view of the AAPL Short play.
The target at the centerline around 162/168 if we follow the rules of the pitchfork.
Don't jump the gun if you have not entered early.
I expect a pullback and it could hit very hard to the upside. So one who's intention is to hop on the train has to be patient and prepared...
Let's give it time and letting it play out.
#stakeandlobsterbaby
Aapl bear case on weeklyAbove is the inverted weekly chart for aapl. On a normal chart this would be a strong buy (and in the case of apple, a buy on the inverted would be a sell). We have a doji like candle on increased volume. We had very chaotic action this week hitting ATH on Monday, pulling back 2.5%, hitting a new ATH again and then pulling back. There is definitely a fight between bulls and bears. The high volume here shows signs of potential distribution. Aapl had climbed over 20% since early June with deteriorating fundamentals (supply chain issues, privacy issues, lack of true innovation, and entry into the high ticket low margin business of cars).
Wave 4 Setup in AAPL / Trade UpdateAAPL up from our green box. PT is at 153.07. Indices might correct in tandem with AAPL.
Initial Plan:
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