🚘 Tesla Is Leading The Stock MarketJust as we believe that bitcoin will bottom before the S&P 500 Index, in the same way we believe that Tesla will bottom before the other major tech giants.
At present time going down fast and strong would seen like something really bad.
A stock dropping is surely bad for the investors but these markets move in cycle, they go up and down, up and down...
At a later point in 2023, things will turn around.
You will see the Tesla (TSLA) stock growing while other tech giants such as Apple, Microsoft and Google will still have a long way down to go.
This will be a positive for Tesla investors, as they will be seeing their stock growing while everything else is still searching for a market low.
Out of crisis, opportunity comes.
Once we hit bottom, the only place left to go is up.
This major downturn we will see in 2023, we will turn into a positive once it is over and done.
We learn from mistakes.
Out of tough situations innovation and evolution is the result.
Look at Bitcoin/cryptocurrency as an example, it is the result of the 2008/09 fiasco.
Namaste.
Apple
MSFT continuation wedge (bearish)This is a Continuation Wedge Pattern, Medium-term Bearish. The inbound duration took about 64 days.
the expected pattern duration *from the break of the wedge*, is roughly 22 days. with a target price anywhere around that 200 area. say 199 - 207
i dont want to keep boring you soo, i hoped you enjoyed this, and if you did could you kindly smash like!
Happy Christmas and hope have a wonderful new year. thanks for reading. thats all from me, Happy Trading my friends.
AAPL testing the demand zone again? One year ago, almost everybody was wanting to buy AAPL at $180/share. Now, almost nobody wants to buy it at $130/share. What an interesting world we’re living in.
~$130 seems to be a demand zone for AAPLE which has worked before. Might turn into testing a double dip in this year long bear market. There’s a slight positive divergence on the daily rsi. This might be a signal of a trend change. We still need a few weeks to see how it goes. Fingers crossed
APPLE update The diametric that Apple is making is the third type of diametric, i.e. zigzag diametric. In this diametric, wave e must be bigger than wave c, so it can be concluded that the targets of this analysis are beyond $190. Minimum time of wave d is over and from these areas we can expect a return for the above targets
AAPL Potential for Bearish Continuation | 22nd December 2022Looking at the H4 chart, my overall bias for AAPL is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a pullback sell entry at 140.40, where the 61.8% Fibonacci line is. Stop loss will be at 149.96, where the recent high is. Take profit will be at 122.92, where the -27.2% Fibonacci expansion line is.
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Apple Analysis 21.12.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
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Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis:
APPL APPLE BEARISH DIAMOND CONT.It appears to me that a bearish diamond pattern is coming to an end - based on the qqq's direction and the overall sentiment on the direction of the entire market I would wager that its going to eventually (soon) break the lower purple line (140.15) which represents a heavy volume/price area. As you can see that level has been an area of strong adherance throughout the entire diamon thus far. It is possible that the pattern will make one more small push to the upside towards the $145 level however that pop should be short lived.
Overall PT 1 is $135.64
PT 2 - 131.04
Both the 1/20/23 $140 PUT strike as well as the 2/17/23 $140 put strike have heavy open interest and look like a safe bet with plenty of time. However I do think the trade can be exited for profits well before those expirations.
🍏 Apple | No Exception, Aims Lower | The Next Generation & BTCThe tech giants are set to experience the worst bear market of the century and Apple Inc. (AAPL) is no exception.
This stock peaked in January together with the S&P 500 (SPX) and Dow Jones Industrial Averages (DJI) indexes.
After many years of higher highs, ever since January 2022 we only get lower highs, signaling that the bearish trend is gaining momentum.
We did get some higher lows recently but the supporting trendline broke down just last week.
Seeing Tesla (TSLA) and the other giants shaking called my attention to Apple and it isn't looking pretty.
The good news is that corrections are normal.
This thing will crash really strong and a new opportunity will develop for the younger generation to buy this stock at lower prices.
After the correction is over, we should see a recovery take place.
Apple is likely to be around for more than 100 years.
This bear market is only a phase and it happens due to the increase in money supply by central banks.
The excess liquidity/unsound money creates market bubbles.
The market bubbles are bound to burst.
Once the excess liquidity is removed the cycle starts all over again.
We need sound money if we want stability... Or we can continue with the rollercoasters, soon it will be for us to decide.
The old generation will be gone in 20-30 years, all dead.
A new generation will be in control... It is part of the cycles of nature, people die when they get old.
Will we make it different or end up doing the same?
Remember that the only thing thats certain in this life is change.
Even if the next generation doesn't evolve and make the same mistakes another one will come and then another one and another one, and another one, until it all changes...
Cryptocurrency might be a solution or better yet bitcoin, because it is the only crypto with a fixed supply that cannot be changed, what these people call immutable.
The rest are just nice looking projects but the decentralized blockchain is what gives Bitcoin strength.
If you have any doubt just check/compare the prices.
Bitcoin is worth tens, hundreds and even thousands of time more than any other crypto, that's because it has a stable/fixed supply that cannot be changed.
We need to upgrade the old system to stop the market bubbles and rollercoaster with a money alternative where the rules cannot be changed.
We will see how it goes.
It is a great time to be alive.
We are witnessing the creation of a new form of money; the first money ever that has a limited supply.
How will it affect the world?
How will things look like 20, 30 years from now?
It is exciting isn't it?
Being able to be alive and enjoy all the ups and downs this life offers us everyday.
Thank you for reading.
Remember to boost 🚀 😄 ... Thank you my friend.
Namaste.
check aapl analyze before buyinghello guys:
As you see on chart, price formed a double top (it is not perfect but still valid), after confirmed this pattern pullback and moving downward as height as 0.6 of double top height but first target of this pattern is $117 so I think apple has a deep retrace to decision point to touch bearish trendline and after that will start mid-term bearish movement, but for getting short position we need confirmation so check below chart:
This pivot belongs to weakly time frame so I should check it, for confirmation of short position price should close lower than $163.32 on weakly timeframe or we could get a trigger like candlestick pattern or breakdown a trendline on 4h time-frame, on the other hand, this stock has a great liquidity pool tat we should pay attention on two situations:
1- If we not get a confirmation as I mentioned before our stoploss for short position should be behind that area (I mean $191.5).
2- If price reach to that area (liquidity pool) and form a reversal candlestick pattern like engulfing or morning star we can get a short position immediately.
always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
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BE PROFITABLE
✅APPLE NEXT SUPPORT|LONG🚀
✅APPLE will be retesting a support level soon
From where I am expecting a bullish reaction
With the price going up but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
LONG🚀
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