🇺🇸 AAPL AnalysisI have witnessed a breakout in the demand zone highlighted. Where I expect to see a continuation of the downside momentum with the breakout & reversal formation on the support identified.
APC trade ideas
Bullish Market on AppleEsteemed analysts and traders,
I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own rules.
As a supporter of the Elliott Wave Principle, I consider this methodology an invaluable tool for market analysis. After three years of personal experience, I have developed my approach by combining this principle with meticulous consideration of different market scenarios. I strive to avoid market surprises by maintaining a range of market prospects, which enables me to recognize the market structure forming with 100% accuracy.
I am pleased to share my analysis with you, with the caveat that I do not provide buy or sell signals. My perspective on idea analysis is entirely impartial, and if my analysis meets your standards, it may serve as a guide to making an informed decision.
For your reference and comparison, I have attached my previous analysis of the same market. All the details of my analysis are clearly labeled for ease of comprehension. Nonetheless, familiarity with the Elliott Wave Principle theory would facilitate an understanding of the analytical idea.
My study of the Elliott Wave Principle took nearly three years, during which my understanding and experience with this invaluable tool have grown. My progress thus far is a testament to the legacy of Ralph Nelson Eliot, whose genius has provided the foundation for my achievements. May he rest in peace.
I express my gratitude for your continued support and kindness, and welcome your comments and critiques.
May my analysis be a valuable asset to your business journey, and I remain sincerely yours,
Mr. Nobody
APPLE Rising Support Ahead! Buy!
Hello,Traders!
APPLE is going down
Now but the stock will
Soon retest a rising
Support level below
And from there I will
Be expecting a local
Bullish rebound
Buy!
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Apple's Market Trajectory: A Trader's Perspective on PredictionsIn the world of trading, understanding the subtleties of stock movements, such as those of a giant like Apple NASDAQ:AAPL , can be both intriguing and lucrative. Since June 2023, Apple has shown a peculiar pattern of sideways trading around its all-time high (ATH) from early January 2022. Currently, some may interpret the chart as suggesting a downturn, with tech stocks potentially passing the baton. However, our analysis points in a different direction.
Contrary Opinion on Apple’s Stock Movement
Despite appearances, we are witnessing what seems to be a significantly expanded flat correction phase, which appears to be concluding. Notably, Apple’s stock has recently touched the "golden pocket" — a key term in trading that refers to a retracement area between the 61.8% and 65% Fibonacci levels, situated between $162 and $164 for Apple. Panic might ensue if Apple dips below $157, but with the earnings season on the horizon, much of this movement may already be priced in. This suggests that Apple is completing a major sideways correction, known in technical terms as the end of Wave 4.
Understanding Elliott Wave Theory: A Brief Overview
Elliott Wave Theory, a method of technical analysis, posits that five waves characterize market movements. This theory suggests that markets move in a repetitive cycle of five waves: three 'motive' waves (1, 3, 5) which move in the direction of the trend, interspersed with two 'corrective' waves (2, 4) that move against it. Wave 4 often occurs after a strong Wave 3, manifesting as a prolonged and less dramatic sideways correction. This sets the stage for Wave 5, the final leg of the cycle which can push to new highs.
Why a Wave 5 Is Likely to Occur
Wave 5 is pivotal as it represents the culmination of built-up market momentum. In technical terms, important Fibonacci extension levels to watch include the 1.618 level, often seen in robust bull markets like the Nasdaq. Projecting from the bottom of Wave 3, if Apple follows this pattern, the target for Wave 5 could be around $250, marking a potential blow-off top scenario.
Rationale for a Fifth Wave
Historically, a fifth wave follows because of the psychology of market participants who might have missed earlier opportunities. They enter the market during this phase, driving prices up until no new buyers are willing to enter at higher levels, culminating in a peak. For Apple, this means that despite seeming stagnation, underlying dynamics suggest a powerful upward move could be imminent.
Conclusion and What to Watch
As we navigate the complexities of Apple’s stock behavior, it's essential to understand the broader implications of market cycles and investor sentiment. The approaching earnings season could provide further clarity and potentially act as a catalyst for the beginning of Wave 5. Investors and traders alike should keep a close watch on Apple’s performance in the coming weeks, especially around key Fibonacci levels which could signal the next major move.
By understanding these technical aspects, traders can better prepare for the opportunities that lie ahead in Apple's stock trajectory. Keep an eye on those Fibonacci levels and market sentiment indicators to gauge the perfect timing for investment decisions in this ever-evolving market landscape.
AAPL Apple and the DOJ Antitrust LawsuitAfter the previous price target was reached:
Warren Buffett has been a prominent supporter of Apple (NASDAQ: AAPL) in recent years. However, there is speculation that his enthusiasm for the stock may have diminished. In the fourth quarter of 2023, Berkshire Hathaway reduced its holdings in the tech giant.
This move occurred before the U.S. Department of Justice (DOJ) announced that it, along with 16 state and district attorneys general, was suing Apple for alleged violations of antitrust laws. The question now arises: Will Buffett continue to sell off Apple stock in response to the DOJ antitrust lawsuit — and should others consider following suit?
The complaint filed by the department in the U.S. District Court for the District of New Jersey outlined various allegations against Apple, including that the company:
- Prevented the availability of iPhone apps designed to facilitate easier transitions to alternative smartphone platforms for consumers.
- Hindered the advancement of mobile cloud streaming services enabling consumers to play video games without necessitating expensive smartphone hardware purchases.
- Excluded messaging apps on iPhones that seamlessly operate across different smartphone platforms.
- Restricted the capabilities of competitors' products in comparison to the Apple Watch.
- Constrained competing digital wallets by prohibiting apps from enabling users to utilize tap-to-pay functionality.
My price Target for AAPL is now $165.
AAPL → a double top?!hello guys...
apple broke the descending trendline and after that made double top!
however, the neckline has not broken yet!
if the yellow area breaks down we can expect a downward movement toward the blue area!
so the target will be 144$
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Apple Struggles in China as Huawei Stages Smartphone ComebackThe Chinese smartphone market, a crucial battleground for tech giants, is witnessing a significant shift. According to research firm Counterpoint, Apple has experienced a concerning 19.1% decline in iPhone sales during the first quarter of 2024. This slump comes in stark contrast to the impressive 69.7% surge in smartphone sales enjoyed by China's own Huawei over the same period.
This news paints a worrying picture for Apple's dominance in the world's largest smartphone market. The reasons behind the decline are multifaceted. Some analysts point towards a slowdown in overall smartphone sales in China. However, Huawei's impressive growth suggests a deeper issue specific to Apple.
One potential factor is the recent launch of Huawei's Mate 60 smartphone. This flagship device boasts a powerful, next-generation 5G chip, potentially enticing consumers looking for cutting-edge technology. Apple's latest iPhone offerings might not have possessed the same level of innovation in the eyes of Chinese consumers.
Another possibility lies in the ongoing geopolitical tensions between the United States and China. Nationalistic sentiment could be driving Chinese consumers towards domestic brands like Huawei, especially considering the ongoing US sanctions against the company. This could be further amplified by any negative media coverage surrounding Apple.
Furthermore, Apple's premium pricing strategy might be hindering sales in a market increasingly focused on affordability. While the iPhone is known for its quality and brand recognition, competitors like Huawei are offering compelling features at a more competitive price point. This could be particularly appealing to budget-conscious consumers.
The decline also raises questions about the effectiveness of Apple's marketing strategy in China. Perhaps the company hasn't effectively communicated the value proposition of its latest iPhones to the Chinese market. Cultural nuances and a deeper understanding of consumer preferences might be crucial in reigniting sales.
Looking ahead, Apple will need to take decisive action to address this challenge. Here are some potential strategies the company could consider:
• Product Innovation: Introducing features that resonate with Chinese consumers, potentially focusing on advancements in areas like camera technology or integration with popular Chinese social media platforms.
• Localization: Tailoring marketing campaigns and product offerings to cater to the specific tastes and preferences of the Chinese market. This could involve collaborating with local influencers or offering unique features specific to China.
• Competitive Pricing: Re-evaluating its pricing strategy in China. While maintaining its brand image, exploring options to make iPhones more accessible to a wider range of consumers.
• Partnerships: Potentially forging strategic partnerships with Chinese firms to improve brand image and distribution channels.
The Chinese smartphone market is fiercely competitive, and Apple's recent decline serves as a wake-up call. While the company still boasts a loyal customer base globally, it needs to adapt and innovate to maintain its position in China. Addressing the issues discussed above could help Apple regain its footing and ensure its long-term success in this crucial market.
This situation also highlights the rise of Chinese tech giants like Huawei. With a strong focus on innovation and a deep understanding of their domestic market, these companies are increasingly challenging established players like Apple. The global smartphone landscape is likely to see a fascinating battle unfold in the coming years, with Chinese firms potentially shaping the future of the industry.
APPL: short and longAPPL: short and long
-Breakout of strong support: key level and demand zone.
-Backtest and maybe reject, drop to next support.
-Low demand zone below support
-ABCD pattern.
AAPLWe previously analyzed AAPL on 9/30/2023, today I'm here to update. Weekly chart Currently the price is in the correction period. If the price cannot break through the important resistance level at 198.4, there is a chance that the price will go down. Consider selling if the price cannot break through the resistance level.
>>GooD Luck 😊
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AAPL Harmonic Elliott Wave and Hurst Cyclic AnalysisReview:
Key points of the two previous updates (March 17th and March 22nd):
The price action of AAPL is going to be very ugly and slow-moving in the next 1-2 month.
Next major trough, 18M cycle trough in early July.
40D cycle trough: 9-10 April.
80D cycle trough: 14th May.
Completed wave x of X as a flat correction and now we are in wave y of X.
Today was the first 20D cycle trough of the first 40D cycle of the first 80D cycle of the current 20W cycle.
Update:
Analysis of the Structure:
We are in wave b of Y of (B). This small pullback should last for a week or so, before starting the last leg that will be very bearish (wave c of Y). 155.41 is a potential target for the bottom.
Analysis of the Cycles:
On April 10th, we got the first 40D cycle trough of the first 80D cycle of the last (fourth) 20W cycle of the current 18M cycle. There is no change to the expected dates of the next cycles that were provided in the previous updates.
Overall, I expect strong bearishness until early July, which would lead to a very strong bullish bounce out of the 18M cycle trough.
AAPL Key support play.Price have taken out the 165$ support from october 2023.
Price is reacting bullish so far with a lower timeframe breakout from a sideways channel.
Risk is 0.25% since i cant risk beeing involved in a oversized gap down due to FTMO daily drawdown rule.
Tradeplan: If price starts a new uptrend. I will use ongoing technical analysis to buy more IF i am correct that this is the bottom.
APPLE $AAPL | APPLE BEARISH PRICE CHANNEL - Apr. 9th, 2024APPLE NASDAQ:AAPL | APPLE BEARISH PRICE CHANNEL - Apr. 9th, 2024
BUY/LONG ZONE (GREEN): $173.50 - $181.50
DO NOT TRADE/DNT ZONE (WHITE): $168.15 - $173.50
SELL/SHORT ZONE (RED): $161.50 - $168.15
Weekly: Bearish
Daily: Bearish
4H: Bearish
NASDAQ:AAPL price has been slowly moving through my previous DNT zone but was taking some time. I decided to make a new analysis with current structure and levels that I view as important. I made new targets for the bulls and the bears, but have kept the most recent targets still shown on the charts.
Looking at the 4H timeframe NASDAQ:AAPL price has displayed strong bearish momentum, a correction, and then downwards continuation before it began to range through the descending channel. There has been bearish structure shown on the Weekly, Daily, 4H, and lower timeframes so I am leaning towards looking for shorts to follow the trend.
Previous targets are still shown and will be linked below.
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
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AAPL - Increase in probability of value lossThe break of the downtrend line only illustrates what the interpretation of the fibo clouds predicts: downward momentum
Fibo clouds lined up against the price trend and their multi-timeframe compression suggests selling pressure towards the targets
$AAPL is approaching an accumulation zoneNASDAQ:AAPL #AAPL #APPLE
1. Consolidation zone of a high significance.
2. Range: 156-1$ : 165+1$
3. A typical accumulation level where lower and upper previous channel wedges meet.
Keep it simple.
#AHMEDMESBAH
APPLE My Opinion! SELL!
My dear subscribers,
APPLE looks like it will make a good move, and here are the details:
The market is trading on 176.55 pivot level.
Bias - Bearish
My Stop Loss - 179.03
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 171.21
About Used Indicators:
The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
APPLE: Bullish Forecast & Bullish Scenario
The price of APPLE will most likely increase soon enough, due to the demand beginning to exceed supply which we can see by looking at the chart of the pair.
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APPL not done with sellingon a weekly chart, APPL is not done with selling, maybe if they cut some heads might give it a short term boost but overall I see some targets for the down side with STO still on sell mood
Is $AAPL heading back home? 🍎🏠We have a breakdown.
Is Apple heading back home?
Or do we bounce back?
A test of future moving day averagesI put a $140 put for May 31st on Apple to test my trading setup. I Know its unlikely but I must test my strategy if I'm going to be successful.
AAPL 235$Welcome, dear traders, from my simple technical point of view, I see that Apple will give us more profits. It is now at the legendary support zone. If it is not broken, we will all enter to become rich and happy.
AAPL - CallsLooking at loading calls in green zone. Not sure MMs want to drive this well below max pain over the next few weeks.
AAPLFlirting with a double top breakdown if this week closes below ~$165.50. Been seeing RSI divergence on the monthly for a couple years now. I would expect VWAP from c0vid lows (~$138 currently) to be tested if the double top completes.
