Aaple
$AAPL - Weekly Outlook Feb 25 - Mar 01$AAPL hasn't done much in the last 10 day trading days and has stayed tightly range bound. Upcoming resistance area is 175.57 - 176.94. Once this resistance is cleared, its most likely headed to 181.50 and then 184.70. If there is a sell off next week, it will most likely bounce from 168.39 - 167.19, and will also find support at the up trending line. AAPL is a good buy for a swing in the buy zone as identified by the support lines.
US-China trade news can make it go in either direction. Next week is news critical. Markets will make moves depending on what kind of trade-related news we get.
If you would like me to analyse a stock ticker, please feel free to mention in the comments.
AAPL Weekly SignalAs you can see in the graph above Apple's share fell nearly 40 percent from its peak And stopped right on Moving Average 200 And since then the price has been rebounding And completed a weekly rise, we add the Fibonacci indicator to give us Take Profit prices
Our Signal: Buy AAPL
Entry Price: 156.5
Take Profit: 166
AAPL Bridging the gap with news (Bite or Fuel it)On 2nd Jan apple went down hard around 10% during post market thus creating plunge gap due to un-settlement trade regulation policy between US & China. Therefore on following day 3rd Jan APPL seem to retrace back from 146 resistance. On previous friday, after Major announcement on US earnings; APPL manage to bounce back from 52-weeks all time (142) towards 148+ align with major indexes making gap down less to 7%.
The Gap fulfill is a very interesting subject for Apple, current situation expecting further climb to 150 on Monday; subject if 149 breakout able to occur. Less than that a retrace will be on favor.
Positive news might shoot apple beyond 150 but for past 3 days news were likely interest on selling side; beyond 150 was pretty optimistic however on previous history charts AAPL were capable to push the spike up more than 6%.
Approach with cautious and going to be neutral on AAPL.
Apple (AAPL) Has Probably Plateaued I'm doing this main chart using the log scale because it makes it so obvious that growth is slowing down. We just got rejected hard off the resistance that has held us since the 80's! We're also in a giant rising wedge, and are JUST touching the bottom of it right at this very moment (actually, I'm being generous with my line. In truth, we've broken down already). Now, I don't think Apple will disappear. That's not what this analysis is about. As I've mentioned recently, I think many tech stocks have plateaued. Some may continue higher eventually, but Apple most likely will not grow much. Why? I think the world's population has peaked, and people's interest in technology has also peaked. People who speculated on Apple have also walked out with massive profits. Just look at that graph! In my opinion, and I know it's controversial, there is no reason for Apple to continue to grow at an astronomical rate. As you can see, growth has clearly reached a point that it cannot sustain and it will likely flatline, or experience a long period of slow growth. Their tech has simply become a part of our daily lives. It's almost part of our biology at this point. Why speculate on it anymore? I argue that by becoming so valuable, it has actually set the stage for its own demise. I don't know if this makes any sense to you. By demise I mean stagnation, basically.
Anyway, where Apple flatlines is anyone's guess. We have some possibilities on this chart (green zones). It could be fairly near current prices (in the $80-100 area). Or it could be in the $50 zone. That seems more likely to me, given the size of the tech bubble.
I think people will continue to use Apple products every day, so I don't see it really falling off a cliff permanently. It's also dropped pretty substantially from it's all-time-high already. As I mentioned in my DJI analysis, I was pretty sure it would not be able to sustain above the $1 Trillion market cap. I was surprised that it held up there as long as it did, to be honest. A lot of people out there will keep on harping about investing and how everyone should still hold Apple stock in their portfolio. I do not think there is much upside anymore. It might EVENTUALLY gain back a good amount of what it's lost since the ATH, but I doubt it'll reach beyond $1 Trillion again. This is just my view, though. I could be totally wrong. I just have a feeling about it though.
I am not a professional financial advisor, and this is not financial advice.
-Victor Cobra
$AAPL analysis From 225 to 155 looks like wave C - triple zigzag
Very fast and deep correction
The long-term flat correction, which we designated as triangle A-B-C-D-E, makes us doubt that the entire current correction, which lasts from 234, is only wave A. Most likely we are facing the end of A-B-C
It is possible that the minimum of correction has not yet been passed, but the probability of a change in the trend to growth is extremely high.
AAPL long opportunity, Retrace into support.AAPL long from $170.34. Looking for $190.00 over the next few weeks. AAPL hit a major support level, bounced and has now retraced back down to the support level. Along with that, the market staged a nice reversal day yesterday closing only slighty lower, signaling a SHORT TERM low is in place. I am expecting to see a move up into the end of the year, then down we go again.
$CAT Fibonacci & SVE Pivot PointsFibonacci Pivot $123.68
SVE Pivot (TOS) $123.61
1HR 9eMA $123.62
Fibonacci Pivot S1 $119.40
SVE Pivot (TOS) S2 $119.33
COG Mean Retrace $119.40
Fibonacci Pivot R2 $127.96
SVE Pivot (TOS) R2 $127.91
Monthly Chart to 2009 + Fibonacci Retracement shows $115.38 critical (Monthly Chart not identified here)
- China/Tariff news or activities has immediate directional impact (Scalping Opps)
- 11/1/18 – Trump/China have ‘Nicely’ Tone of progress gave strength in China or Tariff impacted tickers
If Apple pull back impacts DOW & additional positive sentiment not rec’d for China Talks by open...
#tekmunnee strategy for 11/2/2018 thru weekend on $CAT
- Note 9 eMA on 1HR at $123.62; is same range as Fib/SVE Pivot $123.68/61
- If below $123.68/61 Fib/SVE Pivot, will look for Short/Puts to test Fib Pivot S1 $119.40 & SVE Pivot S2 $119.33; COG Mean is also $119.40 (Max Pain 11/2 = $120; if relevant we may see this price level into closing)
- If above $123.61/68 Fib/SVE Pivot, potential upside to $127.91/96 Fib/SVE R2, however, strong news/catalyst, or market sentiment (China) to upside, w/ volume needed
Looking to scalp/swing intraday to overnight & recycle until we have conviction/directional tone on China/Tariffs. If China/Tariff talks ease and/or stabilize, $CAT becomes extremely bullish, with many others impacted by it this year, i.e. $BA
AAPL Jan 155 put optionsNASDAQ:AAPL broke resistance following a lower high. Next week it might be the perfect storm for AAPL to touch or 154 or lower
dissapointing Iphone X sales with earnings report on May 1st '18 at 4pm bgr.com
general market direction NASDAQ:QQQ
Technical analysis shows no resistance until $154
Bought put options today , will update next week.