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AAPD

AAPL has IndoChina headwinds SHORTAAPL is here on a 120-minute chart in what appears to be a falling wedge pattern. As volatility gets compressed further it could break down or break out with a bais for the latter. I believe that the rise of generic phones in China and Inda with comparable cameras and other functionality has impacted AAPL as had the rising prices of its flagship products. Time will tell how this plays out. In the meanwhile, I will consider that AAPL stays in its wedge and play the top trendline with a short and go long from the bottom. At present , with price at the upper resistance trendline, I will add to my short position. I see AAPL staying underneath the 0.5 Fib retracement level of the uptrend for the time being.
NASDAQ:AAPLShort
by AwesomeAvani
AAPL on a wide view continues SHORTAAPL on the weekly continues to fall from a double top put in at 195 in July 23 and this past January. China issues are looming with competition domestically within China, factory issues and the recession. The hart shows an established trend down seeking support at the Fibonacci level in blue. The predictive algo looking back an the regression line pattern forecasts a continued fall through the fib zone into the 125 area. Indicators are all consistent with the same. I have a deep respect for advanced mathematics and will comply with the forecast. AAPL is a short and the little retrace up is an opportunity to add to my positions.
NASDAQ:AAPLShort
by AwesomeAvani
2
AAPL to verse to upside trending ? LONGAAPL on the 60 minute chart is compared on the superimposed indicator on its own scale the RSI for a similar time frame. The chart shows that AAPL has sunk to its price level in the pre-earnings period two weeks ago. At present, price and RSI are running in parallel and RSI is a litle higher than price while on its own scale. Price is currently near to the running SMA 200. When I see either price or relative strenth move higher. I will be a buyer. I am looking for some green on the relative volume indicator to tip me off. I will be watching on a lower time frame of 15-30 minutes to get a clean entry pay off the spread and get into profits ASAP.
NASDAQ:AAPLLong
by AwesomeAvani
AAPD AAPL LONG (inverse) SETUPAAPL is pulling back today, and so setting up AAPD for a swing long. As can be seen on the 15 minute chart, AAPD had a pullback for consolidation and is now showing some green candles. The Williams alligator is showing divergence on the short time frame moving averages. The RSI indicator topped out pulled back and is now in uptrend showing bullish confirmation. I have entered this trade to participate in the AAPL pullback which as a titan of the NASDAQ affects the whole market. a decent position in AAPD ( along with SQQQ) will serve to hedge the market a bit.
NASDAQ:AAPDLong
by AwesomeAvani
AAPD ( APPLE BEAR !X ETF) for LONG SETUPNASDAQ:TSLA NASDAQ:AAPD AAPD is in a reversal from a swing low corresponding to an AAPL market top AAPL recently completed a 30% since June 17th the YTD high of the SPY. AAPD on the RSI color-coded candles is showing a reversal within the day. I am expecting a 32 and 50 % retracement. By extension on the AAPD which is a bear inverse ETF I expect a ( 0.32 of 30% = 9) rise from 9% to (0.5 x 30= 15%) 15% rise with the middle of that being 12% ( this is more or less fibonacci extensions. I see on the chart EMA divergence and convergence to demarcate a stop loss level there or simply $0.10 below the EMA 200. Accordingly, the stop loss is $0.25 below the current market price ( "CMP") while the targets are $2.16 to $3.60 above the CMP. The reward to risk is more or less 10X making this a swing-long setup with limited risk. That said, one risk is the relatively low volume and so liquidity is constricted. I will trade this with a call option on the $24 strike expiring in September 16th closing a 2-3 days beforehand to mitigate time decay expectant for a 75% return in 2/3rds of a month where the cost will be $50 on one contract.
NASDAQ:AAPDLong
by AwesomeAvani
AAPL Megaphone Pattern SWING SHORTNASDAQ:AAPL Apple has been in a megaphone pattern for the last month. It is now at a horizontal and trendline resistance similar to conditions on December 13, 2021. Relative Strength has been high over 80 for much of the month. The MACD signal is high over its histogram, and the K and D lines appear primed for a crossover. Both of these indicators conditions existed back on December 13, 2021. I see this analysis as a suitable foundation for an excellent swing long trade in stock or put options expecting AAPL to fall from the resistance trendline back towards the mean line of the megaphone pattern. In doing so, I set the stop loss at $5.00 above the market price, while targetting the EMA200 or the center line of the megaphone the pattern shown on the chart in black. ( As an aside the AAPL inverse bear fund is AAPD available at a lower price than AAPL In reviewing the AAPD chart I see a reversal from downtrend to an uptrend in the past two trading days with some bullish engulfing candles.)
NASDAQ:AAPLShort
by AwesomeAvani