Apple is bullish/ having a break thru passing $219.62Apple is bullish/ having a break thru passing $219.62. Guessing for it to pass around $230 area or higher
AAPLB trade ideas
$AAPL - $222 break for upside. AAPL - Stock completing the gap fill today but closing below $222 trendline resistance. Looking for calls if that level breaks. for a move towards $230. Iphone sales data looks weak indicating more downside to come. Stock is strong on indicator level.
One of the best of all time in this game sold big lot of AAPLWarren Buffett sold half of his AAPL share in this zone
This possible tricker correction
Elliot wave also show that we are on 4 wave phase
Options chain data show that every drop of AAPL benefit to investment bank who write the options
So I short sell AAPL this area
hope this good
An Apple a day, maybe a weekI think APPL has the potential to be a runner into the end of this week. Once again this will hang onto whatever the FED says. If the overall sentiment is good at 2pm on Wednesday, I think we can see a green session or two back up to the price before the Gap Down. Id love to see 223 again by Friday.
Apple Wedge Lets see if we get a break 217 resistance.
Await for tomorrow FOMC volatility NASDAQ:AAPL
History repeats - AAPL down -11% after every iPhone LaunchAAPL aways goes down -11 % after every iPhone launch going back to iPhone 11. I'd wait for the Earnings in October.
Apple's iPhone 16 Pre-Order Struggles: A Buying Opportunity?Apple Inc. (NASDAQ: NASDAQ:AAPL ) has always been a tech behemoth, but its latest iPhone 16 launch appears to be facing some turbulence. Analysts are reporting weaker-than-expected pre-orders, with the first weekend sales estimated at around 37 million units, a 12.7% dip compared to last year. But could this moment of weakness actually present an opportunity for investors? Let's dive into the technical and fundamental aspects of Apple's current standing.
Weak iPhone 16 Pre-Orders and AI Lag
The most significant concern surrounding Apple’s recent performance stems from the iPhone 16’s pre-orders. Analysts, including Ming-Chi Kuo from TF International Securities, project a 12.7% decline in pre-orders compared to last year, underscoring a drop in demand for Apple’s latest flagship device. This decline in demand is primarily attributed to Apple’s sluggish pace in the artificial intelligence (AI) race.
While AI innovation has taken center stage in tech, Apple has yet to make significant strides in this area. The lack of AI features in the iPhone 16 has left many potential buyers underwhelmed, especially in China, where local competitors like Huawei are ahead in integrating cutting-edge AI into their devices. In fact, Apple has been knocked out of the top five smartphone sellers in China for the first time—a sobering signal of the challenges ahead.
The AI sector is rapidly expanding, and Apple’s reliance on OpenAI’s technology for AI features in its iPhones is becoming a liability, especially given the Chinese government’s stringent policies against foreign AI technologies. If Apple does not address this gap soon, its position in the global smartphone market could face more significant challenges.
Despite these obstacles, Apple is not out of the race. The company has a history of overcoming setbacks and bouncing back stronger. Apple's short-term hurdles might be part of a larger, strategic approach. Many analysts speculate that Apple could be holding back major feature releases for the holiday season, a time when consumer spending surges. If enhanced AI capabilities are introduced in the coming months, especially in tandem with the shopping season, Apple could see a significant boost in sales.
Moreover, Apple’s foray into health tech with the new FDA-approved sleep apnea detection feature for the Apple Watch Series 10 shows that the company is still innovating in other areas. This feature could be a game-changer for millions of people with undiagnosed sleep disorders, opening up a new market segment for Apple’s wearables.
Technical Analysis: AAPL’s 3% Decline and Key Support Zones
Now, turning to the technical aspect, NASDAQ:AAPL stock is down 3% during Monday’s trading session, marking a pullback from its recent highs. While this decline has raised eyebrows, it’s important to note that Apple’s stock has been in a continuous uptrend since June 2019, showing incredible resilience over the years.
The stock's recent decline is partly due to lower-than-expected iPhone 16 pre-orders and broader concerns over its lag in AI innovation. However, NASDAQ:AAPL stock has formed a major support zone at the $125 pivot level. This zone correlates with the consolidation area observed on November 30, 2023, marking a potential bounce point for the stock.
The stock’s Relative Strength Index (RSI) is hovering around the mid-50s, suggesting that while the stock isn’t oversold, it’s approaching levels that could attract buyers. Additionally, NASDAQ:AAPL is still trading above several key moving averages, offering further support for a potential reversal. Investors looking for a technical entry point might find this level particularly attractive, especially if the stock can hold the $125 support level and begin to rally.
Why Apple Stock May Still Be a Buy
Despite weaker pre-orders and concerns about AI innovation, there are several reasons why NASDAQ:AAPL remains a compelling buy at this stage:
1. Strategic Timing: Apple often introduces new features and technologies closer to the holiday season. It’s plausible that the company is withholding some of its most compelling AI advancements for the peak shopping months in November and December.
2. AI Potential: While Apple may currently lag in AI, its history of integrating groundbreaking features into its ecosystem should not be overlooked. If Apple rolls out significant AI updates within the next 12-18 months, it could trigger a renewed interest in its product line and drive stock price appreciation.
3. Long-Term Growth: Apple’s stock has demonstrated long-term growth and resilience, bouncing back from setbacks in the past. Its ability to navigate challenges in China, coupled with a potential holiday-season boost, positions NASDAQ:AAPL for a recovery in 2024.
4. Health Tech Advancements: The FDA’s recent approval of Apple’s sleep apnea detection feature for the Apple Watch further strengthens its position in the health tech market, which could open up a lucrative revenue stream. With 30 million Americans affected by sleep apnea, this feature could see widespread adoption, boosting sales of the Apple Watch Series 10 and Ultra 2 models.
Final Thoughts
Apple's current dip, driven by weaker iPhone 16 pre-orders and a lack of AI innovation, may present a buying opportunity for long-term investors. While the stock is facing short-term headwinds, its strong fundamentals, history of innovation, and potential AI advancements in the coming months could set the stage for a strong rebound.
Investors should closely monitor Apple’s performance in the upcoming holiday season, as this could be a critical period for the company to regain momentum. For now, the $125 support level may provide an ideal entry point for those looking to capitalize on any future upside. As always, it's important to stay informed on new developments and keep an eye on Apple’s evolving strategies, particularly in AI and health tech.
AAPL SELL+++AAPL broke below recent support on slowing iphone demand news, we have next support at $110 and after that next stop is $204. AAPL has been lagging the market last couple weeks and still overvalued either way it's not a buy here
AAPL Trendline Support TestAAPL gapped down today and is sitting right around an ascending trendline that started at the April low. AAPL has been trending up ever since, but is threatening to break that uptrend now and has been in a downtrend for the past 2 months.
A break below would likely lead to a move back to the $200 area. For a bounce, I'd be targeting the gap that was created today and the descending trendline from the July high.
AAPL LOOKING LONG TERM BULLISHWhile there is some uncertainty in the great market, AAPL appears to have a bright future. The chart structure appears to be in greater degree wave three, which has substantial upside to come. That said, the markets don't move in a straight line and when breaking down the potential micro counts, the current downward push appears to be losing steam quickly. That said, I would look for support to hold in the current zone, as low as 200, followed by a strong reversal to the upside. Let the volume be your guide.
MUTED REACTION ON APPLEThe first interest rate cut of the cycle is finally here, we will find out what the Fed decides on Wednesday and there is a growing feeling that a 50 basis point is adjacement is possible. Whe. it comes to APPLE ,Apple Inc. (AAPL) is experiencing a mix of factors influencing its stock performance in September 2024. The company’s recent product launches, particularly the iPhone 16 and AI-powered features, were met with muted market reactions, as we await for sales data to gauge consumer demand. Despite this, many investors remain optimistic about Apple’s long-term prospects.
This stock is a moderate buy in a long term. However, challenges like weaker-than-expected consumer electronics demand and global macroeconomic factors could impact its performance in the near term .
We are also keeping an eye on Apple’s expansion into healthcare, as its AirPods received FDA approval to serve as over-the-counter hearing aids, which could open up a new market . Additionally, concerns about Apple’s reliance on Chinese manufacturing and the potential impact of ongoing geopolitical issues may affect investor sentiment moving forward .
AAPL, short, Entry: 219.90, Stop: 221.16, Timeframe: 1h**Trade Type:** short
**Ticker:** AAPL
**Entry Price:** 219.90
**Stop Loss:** 221.16
**Take Profit 1:** 218.05
**Take Profit 2:** 216.88
**Risk/Reward Ratio:** 2.48
**Timeframe:** 1h
**Trading idea only, not financial advice. Any use of this information is solely at the user's own risk.**
How to get more out of the Greer Buyzone ToolIf you have found value in the Greer Buyzone Tool and are interested in exploring additional strategies to leverage its capabilities, I invite you to view my latest video presentation. In this session, I discuss methodologies for profit-taking utilizing the Greer Buyzone Tool in conjunction with other key indicators.
I have also developed an exclusive script based on this study, available for those who express interest. I am eager to receive feedback from the community regarding this approach, to further refine and share insights on its application.
Apple is BearishI will be waiting to sell Apple once it reaches the marked supply zone .
I will see how it goes.
Happy trading.
Consolidation and … continuation soonI am anticipating a short-term drop to 210 if we break below 217, which has proven to be a strong support level.
13 September - Today, pre-orders start, and analysts will be closely watching the progress. There’s bound to be plenty of news, and to top it off, it’s Friday. Given this, I expect we may see at least a 1-2% drop, especially considering it’s September…
Aside from one positive—FDA approval of their hearing aid software—Apple doesn’t have much good news. Here are the major concerns:
Apple’s market share in China is falling faster than expected. We’ll see the full impact in future earnings reports.
Apple lacks its own AI model and is partnering with OpenAI. To me, this is a major strategic failure, especially compared to Google, which is doing far better in this space.
The iPhone 16 release is becoming less exciting. Apple has been focusing solely on processor and camera upgrades year after year, neglecting the need for innovation in AI, design changes, and tech beyond hardware.
Vision Pro: This was a clear miss. I bought one and ended up returning it. A big letdown was that I couldn’t even create a separate user profile for my wife. So Apple expects me to spend £4k just for some immersive videos? That’s just ridiculous.
AAPL: Sell ideaWe would have a high probability of having a bearish trend on AAPL. This is explained by the fact that we are in a bullish channel situation with a succession of many green candles accompanied by large green volumes.But let's be careful because the market is often unpredictable.
AAPL: Sell ideaWe would have a high probability of having a bearish trend on AAPL. This is explained by the fact that we are in a bullish channel situation with a succession of many green candles accompanied by large green volumes.But let's be careful because the market is often unpredictable.
Apple price is consolidation zone.Apple Inc. (AAPL) Technical Overview:
Based on recent technical analysis, Apple stock is currently trading within a consolidation zone, having failed twice to create new higher highs. This suggests that the price area between $231 and $235 is a strong resistance level.
When analyzing using Bollinger Bands on the weekly and monthly charts, we observe increased volatility around the $243 level. The Stochastic RSI on the weekly timeframe is indicating a potential buying opportunity; however, on the monthly timeframe, the Stochastic RSI is signaling that the stock is in overbought territory.
To break through the resistance zone, fundamental catalysts such as the upcoming iPhone 16 launch could play a significant role in driving momentum. It is crucial to keep an eye on such key events to assess potential market reactions.
This analysis is provided for educational purposes only and should not be considered financial advice.
AAPL: Key points for the medium and long term. (D&W Charts)Looking at the daily chart of AAPL, there is a noticeable bullish reaction above the 38.2% Fibonacci retracement level, indicating that buyers have stepped in to defend this level. This suggests that there could be some bullish momentum building from this area, especially as the price begins to rise after this pullback. The 38.2% Fibonacci retracement has provided solid support, and the current price action suggests that the stock could challenge previous highs if this level holds. The next key resistance would be around $233, which represents the most recent high.
On the weekly chart, the key zone marked in yellow highlights an area of significance where price action has previously reacted both as resistance and support, another example of the Principle of Polarity. The current bounce from this zone reinforces its importance, particularly as the stock has used this area to pivot higher in the past. The strong move back up from just under $200 shows a possible bullish continuation pattern if the stock manages to hold above this key level. The 21-week EMA is providing dynamic support and is still trending upward, which supports the overall bullish outlook.
In summary, AAPL has found support at a critical Fibonacci level and historical support zone, and if the stock can sustain momentum above these areas, it could challenge its previous highs. The price action on both the daily and weekly charts suggests a potential bullish continuation, especially if these support levels hold.
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Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation.
“To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore
All the best,
Nathan.
APPLE REVISES ITS POLICYFollowing the European Commission's announcement in June that Apple violated the Digital Markets Acts with its App Store anti-steering rules, the world's most valuable company has revised its policy. Apple introduced new fee structure for the EU App Store link outs, this allows app developers to include link that directs customers to a web page where they can complete transaction. I am long here friends . good luck
AAPL correctionhi traders
AAPL made a lower high which signals a potential correction.
We expect a little bounce towards the downsloping resistance line and getting rejected.
The possible scenario is visualized on the chart.
Good luck
AAPL not a buy here next major near term support at $206AAPL is very weak the last few trading sessions I will look for a reaction at support or a break above recent downtrend to take a position
Apple Inc. (AAPL) chart analysisThe stock chart for Apple (AAPL) highlights the formation of an Ascending Triangle pattern. This is a bullish continuation pattern characterized by a rising support trendline and a horizontal resistance level, as depicted by the converging red lines.
In an ascending triangle, the rising support indicates that buyers are stepping in at progressively higher levels, while the horizontal resistance suggests that sellers are capping gains at a certain price level. This pattern generally suggests accumulation, where buying pressure builds up, and it often leads to a breakout above the resistance line if enough momentum gathers.
At the moment, AAPL is approaching the resistance line but has not yet broken out. If the stock price moves above the resistance level with strong volume, it could signal a bullish breakout, leading to a new leg higher. However, if the price reverses and breaks below the support line, it could signal a bearish move, making it essential to watch the coming price action closely.
Given the upward slope of the support line, the bias remains bullish, but traders should remain cautious until a clear breakout occurs.
