AAPL
Falling Wedge - AAPLHere we have the Apple Stock on the Daily Chart showing signs of a Falling Wedge!
Consisting of Lower Highs and Lower Lows into a Pinch Point where typically we should get a BULLISH break!
Technically, if we want to see this stock rise again, we need a good break of the Falling Resistance of the Wedge and with current news events and movements the tech giant is doing, we could be seeing it soon!!
Fundamentally, Thursday Earnings showed positive results where Q4 results came in less than great for AAPL where it had shared sales have dropped globally for the fourth consecutive quarter, in China dropping -2.5%.
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Today, news was released that rumors of the iPhone 16 features exceeding that of the iPhone 15's Camera and Zoom and with a huge Tech Investor, Gene Munster calls for a reassessment of the Q4 results saying they are "Exaggerated".
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*Chart Patterns are known to fail 1/3 of the time so BEWARE OF FALSE BREAKS!!
pt 2 TSLA NVDA AAPL MSFT AMZN META GOOGL Price ForecastTSLA NVDA AAPL MSFT AMZN META GOOGL Price Forecast
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19:00 Apple Stock AAPL Forecast Technical Analysis
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29:23 Meta Forecast Technical Analysis
pt1 TSLA NVDA AAPL MSFT AMZN META GOOGL Price ForecastTSLA NVDA AAPL MSFT AMZN META GOOGL Price Forecast
00:00 Rate hike Data, Sentiment Data, Earnings, Economic data
04:08 QQQ Forecast
10:28 Sp500 ETF analysis
13:40 Tesla Stock TSLA Forecast Technical Analysis
16:26 Nvidia Stock NVDA Forecast Technical Analysis
19:00 Apple Stock AAPL Forecast Technical Analysis
22:13 Amazon Stock AMZN Forecast Technical Analysis
25:22 Google Stock GOOGL Forecast Technical Analysis
27:04 Microsoft Stock MSFT Forecast Technical Analysis
29:23 Meta Forecast Technical Analysis
AAPL Shares Fall after Strong ReportAAPL shares rose approximately 1.2% during the session yesterday in anticipation of a strong Q3 report. It actually turned out better than predicted:
→ earnings per share: actual = USD 1.46; forecast = USD 1.39;
→ gross income: actual = USD 89.49 billion; forecast = USD 89.34 billion.
However, as a result, the price of AAPL shares decreased; in the pre-market on Friday, the share price was about USD 171.50, although yesterday it closed at USD 177.78 according to the NASDAQ exchange (minus 3.50%).
The reason is the company's disappointing plans for the future.
Tim Cook refused to answer a question about Apple's investments in AI. And Apple Chief Financial Officer Luca Maestri failed to reassure investors that there would be a surge in sales over the holiday period, saying gross revenue would be similar to what it was a year ago. So analysts can expect the company to continue to show a decline in sales, which already looks like a trend for 2023.
AAPL stock price performance shows that the stock market is largely a reflection of hopes, emotions and belief in rumors. In fact:
→ the price continues to move in a downward trend (shown by the blue channel);
→ growth to its upper limit in the hope of a positive report turned into a collapse;
→ the opening of trading today may take place at the bottom of the channel;
→ bears may attack the psychological level of USD 170 per share today. This level is also important because it is approximately 50% of the price increase from the March lows to the highs of the year.
If the USD 170 level is broken by the bears with the extension of the candle body and increased volumes, it could become an important resistance further down the line. So close to losing the status of the most valuable company.
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S&P After 1 YearIt has been just over one year since my last post on the S&P 500 (Oct 2022) and the index is up by around 19% since then. Not bad. (adding the link of my related post.) The weekly chart with the indicators and the pattern between the Fibonacci levels show that it's highly possible that the pattern will be completed and we'll be testing the all time high at 4818. This week's bar seems to be a bullish engulfing bar which is a reversal of the down trend. Although the future is unpredictable, there's a chance of 11% upside according to this construction. Let's see how it goes.
$AMC textbook play 👁🗨️*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
!! This chart analysis is for reference purposes only !!
If you want to see more, please like and follow us @SimplyShowMeTheMoney
TSLA NVDA AAPL MSFT AMZN META GOOGL Price Forecast00:00 QQQ Forecast
05:58 Sp500 ETF analysis
07:58 Tesla Stock TSLA Forecast Technical Analysis
10:20 Nvidia Stock NVDA Forecast Technical Analysis
13:37 Apple Stock AAPL Forecast Technical Analysis
15:16 Amazon Stock AMZN Forecast Technical Analysis
17:16 Google Stock GOOGL Forecast Technical Analysis
18:46 Microsoft Stock MSFT Forecast Technical Analysis
19:55 Meta Forecast Technical Analysis
pt2. TSLA NVDA AAPL MSFT AMZN META GOOGL Price Forecast00:00 QQQ Forecast
05:58 Sp500 ETF analysis
07:58 Tesla Stock TSLA Forecast Technical Analysis
10:20 Nvidia Stock NVDA Forecast Technical Analysis
13:37 Apple Stock AAPL Forecast Technical Analysis
15:16 Amazon Stock AMZN Forecast Technical Analysis
17:16 Google Stock GOOGL Forecast Technical Analysis
18:46 Microsoft Stock MSFT Forecast Technical Analysis
19:55 Meta Forecast Technical Analysis
Strongest Recession Signal EverThe yield curve has inverted to the most extreme degree ever, which is a warning that a recession is coming. In this video, I analyze the charts for the AMEX:SPY S&P 500, NASDAQ:NVDA Nvidia, NASDAQ:AAPL Apple, and the yield curve on U.S. Treasurys to see what they're telling us about future price action.
In the video, I mention that the bull rally following the Great Recession was primarily due to the Fed's monetary easing. The chart below shows evidence of this. When the value of the assets added to the Fed's balance sheet is compared against the value of the S&P 500, the stock market appears to have essentially moved horizontally. This shows that the primary reason for the stock market's rally is the central bank's extreme expansion of its balance sheet.
If you enjoyed this post, I would greatly appreciate it if you leave a boost! If you have any questions or would like to share your thoughts, feel free to leave them in the comments below.
Important Disclaimer
Nothing in this post should be considered financial advice. Trading and investing always involve risks and one should carefully review all such risks before making a trade or investment decision. Do not buy or sell any security based on anything in this post. Please consult with a financial advisor before making any financial decisions. This post is for educational purposes only.
Nasdaq Futes - You Wanted a Dip For That 'Santa Rally,' Aye?The equities markets have spent the last three months liquidating bulls, and then liquidating bears, and then liquidating bulls, because the markets are primarily a scam for big money to sell options and have them expire worthless.
No matter what system you use or whose ideas you follow, you're always just guessing, because the computers can take price and do whatever they want at any time, because there's more stocks than there are money and more money than there are stocks, all concentrated in the hands of a few select banks and funds that are really just running crowdsourced cloud algos that communicate with time stamps and decimal fractions.
It's just another scam to bankrupt people and then blame you for being bankrupt.
There's nobody this society hates more than poor people and depressed people, and no Communist Party-funded causes are paid to campaign on behalf of the poor and sad, unless it's to lead them to "Medical Assistance In Dying" (MAID; see Canada).
2023 started off uppy in a straight line, and there's no reason to believe that's going to correct until the timestamp on the market making algorithms has a year date of 2024.
Which means that this bearish impulse is just that, a bearish impulse, that may be seeing its likely finale as early as this coming week to end the October monthly bar, as the next FOMC rate decision is October 31 and November 1.
I'll provide my warning to bears and bulls alike at the early stage of the post, because I know social media and drugs have given people the attention span of children addicted to sugar and cartoons.
Did you know that Li Keqiang, former Premier of China and second in command of the Chinese Communist Party behind Xi Jinping died on October 27, "of a heart attack"?
I have been warning for years of two things:
1. The CCP is actually about to fall, and is almost entirely certain to take Xi, an idiot, to its grave with it.
2. The death toll from the Wuhan Pneumonia pandemic (not to be confused with SARS-CoV-2/COVID-19) is insanely scary and completely covered up by the regime.
And now we're seeing public evidence that even the Xi Faction's main network are being dropped. Keqiang was only 68 years old, which is not very old for a CCP member.
Former Chairman Jiang Zemin, the architect of the persecution and organ harvesting genocide against Falun Dafa's 100 million students, allegedly lived to 96, by comparison, before turning to a pile of crematorium ashes and being thrown out of the very Cosmos by the Wind itself.
All of the above is to say that the year end rally is likely arranged by "the controllers," and yet they're just mice and men, and what can actually unfold before we see 2024 is entirely in the hands of Heaven Himself.
Let's look at monthly bars:
Three mediocre red months after a series of bigly big green months isn't bearish. To the contrary, it's bullish, but it's a question of how you can finance your timing to stay solvent while the market is irrational.
Weekly bars give us more clarity:
What we're really dealing with is a meagre 12% dump over 15 weeks.
And you're going to say to yourself that 12% is actually a lot on the indexes, and I will agree with you. However, it's really not when you take a look at a pair of twin 6-7% bounces that occurred over the span of 6 and 10 trading days in the mix.
And when you pair this with the reality that the market turning around and taking out the July high is just a paltry 17% rally from the 13,750 potential reverse point, over the course of two months, bears are set up to get absolutely annihilated before the real show starts in 2024.
Nothing about the way the markets have traded indicated we have bottomed *yet*. So what we do is, instead of GoInG LoNg oN ThE DiP and getting into the same trap as Disney, Paypal, and AT&T longtards, we simply look for reversals at 13,750, because it's the August of 2022 high, and 13,480-13,550, because 13,500 is a psychological number, and go long on a reversal pattern.
If this theory pans out, not only will the indexes take out the July high, but, the Nasdaq especially, may very well take out the All Time High.
If you were to have bought a QQQ $380 call on Friday expiring January, it would have cost you ~$3.25 ($325) with a 19% delta.
If we get another 4% dump on the indexes, you can pick one up for a little more than $2 and be looking at $9-12~ after theta decay for it to be merely at the money by the end of November.
That's equivalent to going long on some penny garbage like MULN or Gamestop and lotterying into a 4 bagger on the MoThER oF aLl ShOrTSqUeEzEs.
The above is to tell you to stop following Wall Street Bets, Wall Street Silver, Stocktwits, and other public relations firm/marketing department-managed dumpster fires, stop gambling on 0DTEs, make less trades, go outside more, and enjoy your life while this planet still lasts.
Once everything is gone, it's gone forever.
Just like Atlantis, the Mayans, and the Dinosaurs.
Trendlines on AAPL.
I drew these trendlines on the hourly time-frame. I would watch on the 15-minute candles for a bounce off of one of these lines. I would NOT swing trade this since we have earnings coming up this week. As always, thank you for reading and watching my analysis. Have a blessed week ahead!
$SPY breakout incoming? 👁🗨️*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
!! This chart analysis is for reference purposes only !!
If you want to see more, please like and follow us @SimplyShowMeTheMoney
APPLE Hit the MA50 (1w). Will it hold?Apple hit the MA50 (1w), the strongest long term Support, for the first time in more than 7 months.
The pattern is a Falling Wedge and last time such formation tested the MA50 (1w) from above was on March 14th 2022, and the level held and rose over the 0.786 Fibonacci.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 191.00 (Fibonacci 0.786 like the 2022 fractal).
Tips:
1. The RSI (1w) is also on the same level as March 2022. An additional bullish signal.
Please like, follow and comment!!
Notes:
Past trading plan:
part 2 NVDA AAPL MSFT AMZN GOOGL META TSLA Price ForecastNASDAQ:NVDA NASDAQ:AAPL NASDAQ:MSFT NASDAQ:AMZN NASDAQ:GOOGL NASDAQ:META NASDAQ:TSLA Price Forecast
00:00 Economic Data Psychology, AAII Sentiment Data, Earnings, Fear & Greed Index
04:00 QQQ Stock Price Forecast
07:18 Sp500 ETF Price Forecast
11:43 Tesla Stock TSLA Forecast Technical Analysis
13:45 Nvidia Stock NVDA Forecast Technical Analysis
15:48 Apple Stock AAPL Forecast Technical Analysis
17:02 Amazon Stock AMZN Forecast Technical Analysis
20:03 Google Stock GOOGL Forecast Technical Analysis
24:42 Microsoft Stock MSFT Forecast Technical Analysis
27:19 Meta Forecast Technical Analysis
NVDA AAPL MSFT AMZN GOOGL META TSLA Price ForecastNASDAQ:NVDA NASDAQ:AAPL NASDAQ:MSFT NASDAQ:AMZN NASDAQ:GOOGL NASDAQ:META NASDAQ:TSLA Price Forecast
00:00 Economic Data Psychology, AAII Sentiment Data, Earnings, Fear & Greed Index
04:00 QQQ Stock Price Forecast
07:18 Sp500 ETF Price Forecast
11:43 Tesla Stock TSLA Forecast Technical Analysis
13:45 Nvidia Stock NVDA Forecast Technical Analysis
15:48 Apple Stock AAPL Forecast Technical Analysis
17:02 Amazon Stock AMZN Forecast Technical Analysis
20:03 Google Stock GOOGL Forecast Technical Analysis
24:42 Microsoft Stock MSFT Forecast Technical Analysis
27:19 Meta Forecast Technical Analysis
Apple: Trend-setting battle 🔥📈📉The bears have once again pushed Apple down to the lower border of the green target zone between $170.89 and $185. We continue to believe that the stock is in an overriding uptrend, but for that to be the case, it now needs to climb higher. In this scenario, the white wave (III) is expected to end well above the resistance at $198.23. However, it is important to note that our alternative now has a relatively high probability of 41%. If the price were to fall below $167.62, the first task would be the grey wave (IV).
APPLE Last BUY opportunity before a new 18 month expansion.Last time we looked into Apple (AAPL), it was still trading within the 2023 Channel Up (see chart below) and gave us an excellent technical pull-back buy opportunity:
This time the stock is after a 3-month pull-back that is testing the 1W MA50 (blue trend-line) for the first time since the week of March 13. On the wider picture of Apple in the last 10 years (1W time-frame), such pull-backs have been nothing more that consolidation phases before the next Expansion (usually 18 month - green arrows) that leads to the eventual peak and a new yearly correction (red arrows).
Those consolidation phases find Support on the 1W MA50 (even the COVID crash broke it just marginally), unlike the yearly corrections which find on the 1W MA200 (orange trend-line). What's astounding is the frequency of the consolidation pull-backs, which can be very effectively displayed with the use of the Sine Waves. As you can see on our chart, in the last 10 years, all pull-backs to the 1W MA50 after a 1W MA200 rebound, are located at the bottom of the Waves.
This indicates that most likely the current one is over and investors are expected to 'ride' the new 18-month Expansion wave to the new All Time High.
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APPLE rebounding on the MA200 (1d). Eyes on 190.Apple is trading inside a Falling Wedge pattern, which yesterday met its MA200 (1d) and rebounded.
This put a stop to the bearish leg's downtrend and as long as the MA200 holds, the wave count can break over the top of the Wedge.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 190.00 (September 5th High, Fibonacci 0.786).
Tips:
1. The RSI (1d) is on a Rising Support throughout the course of the Falling Wedge. This is a strong Bullish Divergence.
2. The MA200 (1d) has been intact since March 2nd.
Please like, follow and comment!!
Notes:
Past trading plan:
AAPL Announces New Event for Upcoming Mac Computers Apple Inc. (AAPL) has recently announced an upcoming event that promises to unveil a groundbreaking range of Mac computers, and I couldn't wait to share this thrilling development with you.
As an avid trader, you're well aware of the immense impact Apple has had on the tech industry, consistently pushing the boundaries of innovation. With this new event on the horizon, AAPL is poised to once again redefine the landscape of personal computing, and the potential for extraordinary growth is undeniable.
Apple's unwavering commitment to excellence, coupled with its ability to capture the imagination of consumers worldwide, has consistently propelled its stock to new heights. This event is expected to be no different, and I firmly believe that now is the perfect time to consider a long position on AAPL.
By investing in AAPL, you'll be positioning yourself at the forefront of this exciting wave of innovation. Apple's Mac lineup has long been revered for its sleek design, powerful performance, and seamless integration with the broader Apple ecosystem. The upcoming event promises to introduce cutting-edge advancements that will undoubtedly captivate consumers and drive significant demand for these new Mac computers.
As an astute trader, you understand the importance of staying ahead of the curve. By long AAPL, you'll not only be capitalizing on the imminent surge in demand for these revolutionary Mac computers but also positioning yourself to benefit from Apple's robust ecosystem, which includes an array of complementary products and services.
So, let's seize this opportunity together! I encourage you to carefully consider a long position on AAPL as we eagerly await the unveiling of these new Mac computers. By doing so, you'll be leveraging the potential for substantial gains while aligning yourself with one of the most innovative and influential companies in the world.
If you have any questions or require further information, please don't hesitate to reach out by commenting below. I'm here to assist you in any way I can.
AAPL → TWO short positionshello guys...
as you can see appl is on the descending channel as well.
Before that made two divergences by RSI!
there are two opportunities for getting a short position and I draw it!
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