AAPL Short Idea for Long TermAAPL is bearish in Long run. High probability of Price test the Supply zone of 172.26 - 176.27 and a fall to the demand zone of 136.25 - 133.77 followed by an Imbalance in Price.
A strong reversal pattern of AB=CD has been established followed by a continuation pattern of H&S which can help the price reach to the supply area.
AAPL
AAPL bullish play ideaAAPL is onto big things 2023-2024!
Apple is a technology company that designs, manufactures, and sells consumer electronics, computer software, and online services. The company is well-known for its innovative products such as the iPhone, iPad, and Mac computers. Apple is also one of the largest companies in the world by market capitalization, with a strong balance sheet and a history of generating significant profits.
Over the past decade, Apple's stock has performed very well, with the share price increasing more than fivefold from around $50 per share in 2010 to over $250 per share in 2020. Apple has consistently delivered strong financial results, with revenues and earnings growing steadily year over year.
There are several factors that have contributed to Apple's success and strong stock performance. One key factor is the company's focus on product innovation, with a track record of releasing popular and high-quality products that have captured a loyal customer base. Apple's brand strength and customer loyalty have helped to maintain strong demand for its products, which has translated into strong financial results and stock performance.
Another key factor is Apple's financial strength and stability. The company has a large cash balance and generates significant free cash flow, which it has used to invest in research and development, acquisitions, and share buybacks. This has helped to support Apple's growth and profitability over the long term, which in turn has translated into strong stock performance.
AAPL stocks are always bullish.
AAPL - LONGNASDAQ:AAPL
- Inverse Head & Shoulders Pattern on the Daily (Bullish Pattern)
- Neckline break and held above this level (purple line)
- Looking for it to break above 165 and hold for continuation.
Levels to watch out for:
-Long above 165 to target supply above around 168.78 - 171.05 with a stop loss below 164.00
-Failure to hold 164 on higher timeframes (1h,4h, Daily) could see us back down to psych level at 160 then support at 157.50 (neckline)
Suggested Contracts which covers earnings run up as well:
AAPL 4/28 167.5C
AAPL 4/28 170C
AAPL ShortLooking for AAPL to retrace to the lower bounds of its current channel.
125-120 is the target zone.
Seems very unlikely for Apple to push up to ATH's given such uneasy market conditions, but anything could happen so best to keep a tight stop.
VIX at 22. Looking for short-term bull momentum in aapl to take it up to my entry and the short is on!
This is not financial advice, good luck!
Apple -> The Bulls Are StrongHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Apple stock just recently perfectly broke above a key previous weekly resistance area exactly at $155 and now after this break all of this previous resistance is turned support.
You can also see that we have a long term downtrendline coming in exactly at $165 which is turned very strong resistance again, so I am now just waiting for a retest of the $155 support area and then I do expect a move to retest the $165 resistance line.
On the daily timeframe you can see that my last analysis on Apple (linked below) already played out nicely, I am now just waiting for a minor break and retest of the current resistance area before I then do expect more continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
vroom Final phase before stock split☢️🔻⚠️☢️🔻As per the last 10k Filing .
This is so bad and don't invest in the stock right now.
You will lose money!
One final way to make money is short it if it goes high. If it goes 10 -20% short it 1x Leverage, 50-100% short it 5x or 10x leverage.
Don't long on this one. Past 900 days this stock is pure red and financials are so bad and more over Antara capital who is famous for shorting is invested in this.
☢️🔻☢️⚠️
========
We may not be able to generate sufficient revenue to generate positive cash flow on a sustained basis.We cannot assure you that we will generate sufficient revenue to offset the cost of maintaining our platform and operations. In line with the reduced unit sales contemplated by our Realignment Plan, our revenue has declined from $3,184.3 million for the year ended December 31, 2021 to $1,948.9 million. Our revenue growth also may be adversely affected by our inability to acquire and appropriately price vehicle inventory, provide the customer experience needed to attract customers or execute effective marketing campaigns to increase traffic to our platform. We expect our revenue to decline in the short term as we implement our long-term roadmap. You should not consider our historical revenue growth as indicative of our future performance. If our revenue declines our business, financial condition and results of operations will be materially and adversely affected.
========
APPLE Long After Retest! Buy!
Hello,Traders!
APPLE broke the key level
And went further up just
As I predicted and is now
Making a pullback and a
Bearish correction but
The stock is in the uptrend
So we are bullish biased
Therefore, after the retest
Of the level around 154.5$
We are likely to see a move
Up towards the target level
At around 161.2$
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
Analysis of Apple Inc. (AAPL) StockThis technical analysis will examine Apple Inc. (AAPL) stock, focusing on the inverted head and shoulders pattern identified several days ago. I'll discuss the stock's recent performance, the breakout from resistance around $156, and potential future scenarios based on current market conditions.
Inverted Head and Shoulders Pattern
The inverted head and shoulders pattern in this context is a bullish continuation pattern that signals a potential move to continue an uptrend. In my previous analysis, I highlighted the possibility that AAPL would break through the resistance level around $156, which has since occurred. Following the breakout, the stock experienced a pullback to the breakout zone, as predicted.
Potential Scenarios
Bounce to $166: If AAPL maintains its position above $156 and daily candles do not close below this level, there is potential for the stock to bounce up to the $166 area. This scenario would indicate a successful breakout, retest and a continuation of the bullish trend.
Failed Breakout: If AAPL fails to hold above $156 and daily candles close below this level, it would signal a failed breakout. In this case, the stock could quickly move back to $145 and potentially lower.
Market Dependency
The future performance of AAPL will largely depend on the overall market and its influence on the S&P 500 Index (SPX), as AAPL is a significant component of the index. The stock's ability to push higher or experience a bearish rejection will be influenced by broader market trends.
The recent breakout of AAPL above the $156 resistance level and subsequent pullback to the breakout zone align with my previous analysis. The stock's future performance will be influenced by its ability to maintain its position above $156 and broader market conditions. Traders should closely monitor market developments and be prepared to adjust their strategies based on new information, keeping in mind the potential scenarios outlined above.
$MULTI Ready to Fall Off!I have been trading Multi off and on for a month or so. I entered a short position on March 20th and added to the position today. Volume here is quite low. $MULTI could continue to hit lower lows and reverse a trend back towards the $5-$7 range. I am playing this as a swing trade based on my overall outlook on crypto market.
Is Now the Time to Buy Apple Stock?Like many other companies, Apple has experienced fluctuations in its stock value over the past few years. The COVID-19 pandemic led to a surge in technology stocks as people began investing in home offices and entertainment, causing Apple's stock to reach a record high of $180.68 in January 2022. However, macroeconomic issues have since caused consumer spending to slow, leading to a decline in many technology companies' stocks. In 2021, Apple's stock fell by 26.8%. While it has since risen by 22%, it remains 13% below its January 2022 peak.
Despite this, now is an excellent time to invest in Apple's stock after its decline from its all-time high. In the fiscal year 2022, Apple's iPhone accounted for 52% of its revenue, earning $205.5 billion, a 7% increase year-over-year. Apple's stock fell by 15% from October 2022 to January 2023 after concerns arose regarding COVID-19 restrictions in China, where 70% of all iPhones are produced. However, Apple has made several moves to strengthen its iPhone business, including plans to move production out of China and focus on India.
Apple has also indicated that it plans to maximize iPhone profits by producing more of its components in-house rather than partnering with companies such as Samsung and LG. Apple is expected to begin using its own displays, WiFi, and Bluetooth chips in the iPhone, providing significant cost savings.
While Apple is a diversified company, the iPhone is its main revenue generator. As a result, the company's efforts to strengthen its iPhone segment are crucial for its long-term success. Apple has also expanded its digital services business, which accounted for $78.1 billion in revenue in fiscal 2022, a 14% year-over-year increase. This is double the growth of the iPhone segment, and services have a significantly higher profit margin than products.
Apple's services are well-positioned for growth, particularly as the global music streaming market is projected to grow at an average annual rate of 14.7% through 2030. Apple's services are optimized for use with its products, particularly the iPhone, which has a significant market share. As a result, the company's services are expected to provide substantial growth for years to come.
Apple's stock may be down 13% from its all-time high, but its future remains bright. The company's improved iPhone business and promising growth in digital services make it an attractive investment option. Apple's forward price-to-earnings ratio has dropped 15% over the past year, making it a compelling buy at present.
AAPL D1 UPDATE ( TECHNICAL )For more updates, please follow my TradingView page, and if you find the content useful, kindly hit the "thumbs up" button to show your support. If you have any queries regarding trading, please feel free to send me a direct message on TradingView. Additionally, please share this content with your friends who may find it beneficial.
Please note that any trading updates provided here are for educational purposes only, and it is always advisable to conduct your own research before making any investment decisions. It is important to ensure that all conditions are met before following any trade plan suggested in this update.
$AAPL: Low risk trend signalThere's a nice trend signal in $AAPL here, every single one of these has worked historically, pretty decent odds it can rally substantially from here. Additionally, what does this say for the broad market if many stocks have such long term signals indicating strong upside coming in the near term? (it seems people are sidelined, in money market funds, we seem to have shaken everyone out recently, seems promising!)
Best of luck!
Cheers,
Ivan Labrie.