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Applesignals

Apple Stock Is Surging! Here’s What Most People MissWhen it comes to trading, we don’t care about the latest news headlines or whether some analyst has upgraded or downgraded Apple stock. We focus on one thing and one thing only: the undeniable forces of supply and demand imbalances on higher timeframes. Right now, Apple’s monthly chart is a textbook example of how waiting for a strong demand imbalance pays off. That $178 monthly level is no random number. It’s the exact origin of a massive bullish impulse that happened in June 2024 — the kind of move that only happens when smart money and big institutions step in, creating an imbalance that pushes the price away rapidly. 📈 It’s Not About Fundamentals. It’s About Imbalances. Most retail traders waste time chasing news, earnings, or rumours about iPhone sales. But if you think about it, all those factors are already priced in once a strong imbalance is formed. Institutions don’t wait for tomorrow’s news — they plan their positions weeks or months ahead, and those footprints are visible right on your chart. The $178 level indicates a significant drop in supply and a surge in demand large enough to propel Apple higher, marked by consecutive large bullish candlesticks. That’s our signal — nothing more, nothing less.
NASDAQ:AAPLLong
by AlfonsoMoreno
6
Apple Stock Heist Blueprint – Precision Buy Setup Unlocked!🏴‍☠️ Apple Stock Heist: The Stealthy Long Setup 🎯 Entry Zone – Loot the Dip! Current Price: $200.21 Action: Initiate long positions now or target pullbacks near the $193–$190 support zone. Pro Tip: Place buy limits near swing lows/highs. Utilize chart alerts as your secret weapon. 🛡️ Stop Loss – Guard the Treasure! Swing Traders: Position stop loss below the $190 support level. Day Traders: Adjust stop loss according to your risk tolerance and order count. TECHi 💰 Profit Target – Escape with the Loot! Primary Target: $210 resistance zone. Secondary Target: $227–$230 range. ⚔️ Scalpers vs. Swing Traders – Choose Your Weapon! Scalpers: Focus on quick strikes. Enter long positions and exit swiftly. Swing Traders: Trail stops and lock in gains as the price moves in your favor. 🌪️ Market Pulse – Bullish Winds Blowing! Technical Indicators: Price is supported near $201, with potential to bounce back toward local resistance at $213. RSI: Approximately 35 on the 1-hour timeframe, indicating oversold conditions and potential for a rebound. TradingView ⚠️ News Trap Warning! Upcoming Events: Monitor for any high-impact news that may affect Apple's stock price. Strategy: Freeze trades or tighten stops ahead of major announcements. 🚨 Join the Trading Crew! Engage: Like 👍 or Boost 🚀 this idea to fuel our next raid. Support: Your engagement keeps the strategies alive! 🤑 Stay Locked In – The Next Big Score is Coming… Timing: Watch the charts closely. Action: Strike hard. Exit smarter.
NASDAQ:AAPLLong
by The-Thief
APPLE Down -4% premarket on Trump's 25% Tariff. Buy opportunity?Apple Inc. (AAPL) is down -4% on pre-market trading following a warning by U.S. President Donald Trump that the company would have to pay a 25% tariff if phones sold in the U.S. were not made within its borders. Along with a proposed 50% Tariff on goods from the European Union starting on June 01, these news have inflicted fear again in the markets following 6 weeks of a relief rebound on trade deal talks. So are these announcements a dip buy opportunity for Apple or round 2 of correction? Based on the stock's long-term pattern, which is a Channel Up, the recent rebound on the 1W MA200 (orange trend-line) is technically the start of its 2nd Bullish Leg. With the Bearish Legs having similar declines (-35% and -32% respectively), we can expect the Bullish Legs to have a proportional rise as well. On top of that, the 1W RSI rebounded on its multi-year Support, while the 1W MACD is about to form a Bullish Cross. As a result, since the 2023 Bullish Leg that was complete on July 17 2023 almost touched the 1.236 Fibonacci extension, we expect the price to disregard the news and continue rising up to the new 1.236 Fib and target $285.00. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:AAPLLong
by TradingShot
APPLE Best buy opportunity of the last 6 years.Back in August 02 2024 (see chart below), we introduced this model on Apple Inc. (AAPL) that had high probabilities of success at predicting Cycle peaks: We may have not hit $280 but $260 is close enough especially if you are a long-term investor that values buying low and selling high. Now that the price has corrected by -35% and just hit the 1M MA50 (blue trend-line) for the first time in almost 10 years (since July 2016), it is time to revisit this macro-model once again. As you can see, -35% corrections have been present on every Cycle since the January 2009 bottom of the Housing Crisis. The pattern that the stock follows is very specific and it starts with a prolonged correction, the Bear Cycle essentially, which is a lengthy correction phase, such as the 2008 Housing Crisis, the 2015/16 China slowdown and the 2022 Inflation Crisis. Then a very structured uptrend phase starts in the form of a Channel Up that leads the market to its first peak, followed by a shorter, quicker correction phase that tests the 1M MA50 and rebounds. The rebound is the final bull phase of the Cycle, usually strong and sharp and leads to the eventual Cycle Top and then starts then new Bear Cycle (prolonged correction). Right now the current 4-month correction is technically, based on this model, the new shorter correction. Being more than -35% in size, the last one larger than this was the previous short correction of the last Trade War in October 2018 - January 2019 (-38%). The similarities don't stop here but extend to the 1M RSI as well, which just entered its 25-year mega Buy Zone that has been holding since December 2000 and the Dotcom Crash! In fact the last time Apple's 1M RSI was this low was in June 2013, which was the bottom of the 1st short correction on our chart. This remarkable symmetry just shows how similar the current phase is with its previous ones and if the symmetry continues to hold, we should be expecting a strong recovery to start. Even if the price makes a slightly deeper low as -38% (like the January 2019 bottom), we may still expect the minimum rise that it had all those years shown on the chart, +145%, which translates to a potential $390 Target long-term. It is in times like this, that patient long-term investors filter out the news noise, make their unbiased moves and maximize their profit. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:AAPLLong
by TradingShot
1
APPLE Buy opportunity on the 1W MA50.Apple Inc. (AAPL) has been trading within a 2-year Channel Up since the January 03 2023 bottom and in the past 3 months (December 26 2024) has been forming the latest Bearish Leg. On Tuesday this Leg broke below its 1W MA50 (red trend-line) for the first time in 10 months (since May 08 2024), which is the strongest buy signal since the April 19 2024 Higher Low bottom of the Channel Up. As you can see, even the 1D RSI pattern is similar with the one that made the October 26 2023 1W MA50 test. That was also on the 0.618 Fibonacci retracement level from the respective previous Low. As a result, it is now highly likely to see a rebound, especially if the 1W candle closes above the 1W MA50, to test the previous High and 1.0 Fib at $260, like the December 14 2023 High did. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:AAPLLong
by TradingShot
2
APPLE Strong buy on the 1D MA200 targeting $260.Apple Inc. (AAPL) has been trading within a 2-year Channel Up and the recent correction since the December 26 All Time High (ATH) is its technical Bearish Leg. The price posted a strong rebound yesterday following a test of the 1D MA200 (orange trend-line), the first such contact since May 08 2024. With the 1D RSI touching the oversold barrier (30.000) and rebounding, this is technically a strong buy opportunity at least for the medium-term, as it's not a direct Higher Low of the Channel Up. Since December already completed a +59% rise from the April 19 2024 Low, we might be having technically a medium-term rebound similar to the October 26 2023 one that re-tested the High's Resistance (at the time). As you can see both corrections have hit the 0.618 Fibonacci level. As a result, we treat this as a solid buy opportunity to target $260. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:AAPLLong
by TradingShot
Is Apple Stock Really Worth Investing in January 2025?Strong weekly demand level took control. Expecting a decent reaction. As we enter 2025, the financial landscape is buzzing with excitement and uncertainty. Investors are searching for promising opportunities, and one name that consistently tops the charts is Apple Inc. (NASDAQ: AAPL). Love it or hate it, this tech giant has become synonymous with innovation and growth—drawing both seasoned investors and newcomers alike to its stock like moths to a flame.
NASDAQ:AAPLLong
by AlfonsoMoreno
AAPL/USD: Potential Bullish Opportunity!AAPL/USD: Potential Bullish Opportunity! 📈 Here’s what I’m seeing: Buyer/Seller Activity: Buyers seem to be gaining the upper hand. Blue Box: A promising correction zone where I believe the dip may end. My approach: I’ll monitor the lower time frames (1H) for market structure breaks bullish for confirmation, bearish as a caution signal. Keep your eyes peeled for action in this zone. Boost, comment, and follow for sharper insights! 🚀 Let me tell you, this is something special. These insights, these setups—they’re not just good; they’re game-changers. I've spent years refining my approach, and the results speak for themselves. People are always asking, "How do you spot these opportunities?" It’s simple: experience, clarity, and a focus on high-probability moves. Want to know how I use heatmaps, cumulative volume delta, and volume footprint techniques to find demand zones with precision? I’m happy to share—just send me a message. No cost, no catch. I believe in helping people make smarter decisions. Here are some of my recent analyses. Each one highlights key opportunities: 🌐 CryptoMarkets TOTAL2: Support Zone 🚀 GMTUSDT: %35 FAST REJECTION FROM THE RED BOX 🎯 ZENUSDT.P: Patience & Profitability | %230 Reaction from the Sniper Entry 🐶 DOGEUSDT.P: Next Move 🎨 RENDERUSDT.P: Opportunity of the Month 💎 ETHUSDT.P: Where to Retrace 🟢 BNBUSDT.P: Potential Surge 📊 BTC Dominance: Reaction Zone 🌊 WAVESUSDT.P: Demand Zone Potential 🟣 UNIUSDT.P: Long-Term Trade 🔵 XRPUSDT.P: Entry Zones 🔗 LINKUSDT.P: Follow The River 📈 BTCUSDT.P: Two Key Demand Zones 🟩 POLUSDT: Bullish Momentum 🌟 PENDLEUSDT.P: Where Opportunity Meets Precision 🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs 🌊 SOLUSDT.P: SOL's Dip - Your Opportunity 🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked 🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer 🤖 IQUSDT: Smart Plan ⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One 💼 STMXUSDT: 2 Buying Areas 🐢 TURBOUSDT: Buy Zones and Buyer Presence 🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results 🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB 📌 USUALUSDT: Buyers Are Active + %70 Profit in Total 🌟 FORTHUSDT: Sniper Entry +%26 Reaction 🐳 QKCUSDT: Sniper Entry +%57 Reaction 📊 BTC.D: Retest of Key Area Highly Likely This list? It’s just a small piece of what I’ve been working on. There’s so much more. Go check my profile, see the results for yourself. My goal is simple: provide value and help you win. If you’ve got questions, I’ve got answers. Let’s get to work!
NASDAQ:AAPLLong
by UmutTrades
Will NVDIA rise at the expense of APPLE?We have seen in the past few days the NVDIA Corporation (NVDA) to be holding its ground better than other tech giants that got more inflated during the recent run like Tesla. What we've discovered by running some regression tests among top 30 cap stocks, is a very interesting relationship between NVDIA and Apple Inc (AAPL). Though most people might think that the two have completely parallel paths on their growth, we found out that at times, their correlation has been negative. Our sample data starts 2 years ago from the October - November 2022 market bottom of the Inflation Crisis. As you can see, this is where the first divergence between the two stocks started, with NVDIA rising to spearhead the recovery to a new Bull Cycle, while Apple was lagging behind and falling. What followed was a period where naturally both stocks rose, which led to the first 'Bear' stage, what we call Phase 2 where both stocks showed a synchronized weakness (with Apple correcting more however). Then after a recovery for both to their highs, NVDIA formed a Bull Flag, which led to Phase 3 (similar to the late 2022 price action): Apple topped and started falling aggressively, while NVDIA started an impressive rally. Again a period of price increase for both stocks followed, which has led to a new Phase 2 (July -October 2024). In line with their 2-year pattern, Apple has been rising since the November U.S. elections, while NVDIA has formed a new Bull Flag. If the price action continues to replicate this model, then we may see a new Phase 3, where Apple starts to correct while NVDIA's Bull Flag leads to a strong rally. So do you think potential Apple capital outflows will turn into inflows for NVDIA? ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:NVDA
by TradingShot
13
AAPL Daily: Are We Heading to $272 or Taking a Detour?Hey Mindbloome Family, let’s talk about Apple (AAPL). Here’s what I’m seeing—it’s easy to follow, I promise: 1️⃣ Straight to $272: If Apple breaks above $258–$260, we could see it head straight to $272. 2️⃣ Pullback, Then Up: Apple might touch $258–$260, pull back to $253 or $236, and then move up toward $272. 3️⃣ Deeper Drop, Then Recovery: If we fall to $236–$230, I still think there’s a good chance of bouncing back to $272. 4️⃣ Breakdown Scenario: If $230 doesn’t hold, we’ll pause, reassess, and come back with a new game plan. Wellness Tip: Don’t forget to move around! Sitting for too long can drain your energy. A quick walk or stretch can work wonders for your focus. What do you think—is Apple heading to $272, or will we see a dip first? Let me know! If you want to chat more about this, hit me up in the DMs or check out my profile. Kris/Mindbloome Exchange Trade What You See
NASDAQ:AAPL
by Mindbloome-Trading
APPLE targeting $265 at the top of the Channel UpApple (AAPL) has been trading within a Channel Up pattern since the January 03 2023 bottom. At the moment the price is on the pattern's second long-term Bullish Leg, supported by the 1D MA50 (blue trend-line). As long as this line holds, we expect the Bullish Leg to complete a +20.82% rise (similar to December 14 2023) from the U.S. elections low and target $265.00. The fractals are quite similar as the 1W MACD is forming now a Bullish Cross, in indentical fashion as November 20 2023. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:AAPLLong
by TradingShot
1
APPLE Soars! Long Trade Achieves Key Targets – Bulls in ControlApple has displayed a strong uptrend since the long entry at 184.92 on 7th May, 2024, reaching multiple profit targets as the bullish momentum continued. Key Levels Entry: 184.92 – The long position was initiated as the price broke above this level, indicating bullish strength. Stop-Loss (SL): 174.50 – Positioned below recent support to manage risk and protect against a downside move. Take Profit 1 (TP1): 197.80 – The first target was achieved, confirming the continuation of the uptrend. Take Profit 2 (TP2): 218.65 – Bullish momentum carried the price to this level. Take Profit 3 (TP3): 239.50 – A further extension of the rally will bring the price to this target which looks very likely. Take Profit 4 (TP4): 252.38 – The final profit target, indicating a significant uptrend since the entry. Trend Analysis Apple's price is well above the Risological Dotted trendline, affirming the strength of the uptrend. The sustained upward movement suggests strong market sentiment, with the potential for further gains beyond the final target. The long trade on Apple has performed exceptionally well, with multiple targets reached. The final target at 252.38 reflects a robust rally, supported by the Risological Dotted trendline and consistent buying interest.
NASDAQ:AAPLLong
by ProfitsNinja
APPLE Dont get fooled by the short-term pull-back. $280 on trackExactly 3 months ago (May 02, see chart below), we called for a strong buy signal on Apple (AAPL) and it dully delivered as 2 days ago the stock completed three straight green months with a new All Time High (ATH): The recent weekly pull-back shouldn't allow you to diverge from the bigger picture and on this analysis we look at it from a 1M time-frame perspective. As you can see, as long as the 1M MA50 (blue trend-line) holds, Apple will continue to be on a 15-year uptrend, which shows very distinct Phases. Right now we are on the Channel Up that followed the 2022 Inflation Crisis, which was a similar correction to 2015 - 2016 (China's slowdown). The Channel Up that followed peaked at +161% before the next correction towards the 1M MA50. Even the 2013 - 2014 rise was still +145%. As a result, we don't believe the current Channel Up to be over either, expecting a peak closer to 300. Our Target is marginally below it at $280.00. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:AAPLLong
by TradingShot
1
APPLE formed 1st 1D Golden Cross in 15 months! Attention needed.It wasn't long ago when we called for a buy on Apple's (AAPL) absolute technical bottom (April 25 and May 02, see charts below respectively): Needless to say that the 198.00 Target has been smashed. As the price reached the top (Higher Highs trend-line) of the 20-month (blue) Channel Up, the stock turned sideways and has been consolidating for the past 4 sessions. This is a strong indication of a medium-term Top. If rejected, we expect a Channel Down correction to at least the 1D MA200 (orange trend-line), where we will again buy for the long-term. If broken though, we will buy the first 1D candle close above the (blue) Channel Up and target $250.00. The reason for this bullish expectation is that Apple just formed the first 1D Golden Cross in 15 months (since March 22 2023). Last time it did, the price had already initiated the new Bullish Leg (in the form of a blue dotted Channel Up). It only started the medium-term correction of July 2023, when it closed a full candle below the 4H MA50 (thin red trend-line). At the same time, the 1W RSI had to hit the 79.00 overbought level. As a result, if you do turn bullish upon a 1D candle breaking above the (blue) Channel Up, consider booking the profit earlier if 4H MA50 breaks or the 1W RSI gets rejected on its 79.00 Resistance (unless your portfolio can support the correction). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:AAPL
by TradingShot
6
Apple's Q2 Earnings: Mixed Bag with Share Buyback Boost Apple's fiscal second-quarter earnings report presented a mixed picture for investors. While earnings per share (EPS) surpassed Wall Street expectations, overall revenue and iPhone sales experienced a decline. However, the company's massive share buyback announcement signaled confidence in its future. Earnings Beat Expectations, Revenue and iPhone Sales Fall Apple reported earnings per share of $1.52, exceeding analyst estimates of $1.48. This indicates that the company remained profitable, with each share of Apple stock generating slightly more income than anticipated. However, the news wasn't entirely positive. Total revenue for the quarter dropped 4% year-over-year to $89.5 billion. This decline highlights a slowdown in overall business compared to the same period last year. Further dampening investor sentiment was a 10% year-over-year decline in iPhone sales. This, Apple's flagship product, is a crucial source of revenue for the company. The decrease suggests a potential softening of demand or increased competition in the smartphone market. Tim Cook Cites Difficult Comparisons Apple CEO Tim Cook offered some context for the declining revenue and iPhone sales. He attributed the figures to a "difficult comparison" to the stellar performance of the same quarter in 2023. Last year's Q2 saw a surge in demand for Apple products due to factors like pandemic-driven remote work and learning. Share Repurchase Announcement: A Confidence Signal Despite the decline in revenue and iPhone sales, Apple made a bold move by announcing a staggering $110 billion share repurchase program. This is the largest such program in the company's history. Share repurchases, also known as stock buybacks, involve a company buying back its own shares from the market. This can have several implications: • Boosting Stock Price: By reducing the number of shares outstanding, buybacks can increase the earnings per share (EPS) ratio, potentially making the stock more attractive to investors. • Signaling Confidence: A large buyback program can be interpreted as a sign of management's confidence in the company's future prospects. They are essentially using excess cash to invest back into the company itself. • Returning Value to Shareholders: Buybacks are a way for companies to return excess cash to shareholders. This can be particularly appealing to investors seeking to generate income from their holdings. Looking Ahead: A Balancing Act Apple's Q2 earnings report presents a company navigating a dynamic market landscape. While EPS exceeded expectations, declines in revenue and iPhone sales raise questions about future growth. The massive share repurchase program indicates a commitment to shareholder value, but the effectiveness of this strategy hinges on Apple's ability to reignite revenue growth. Investors will be closely monitoring upcoming reports and developments to assess Apple's ability to overcome these challenges and maintain its position as a tech industry leader.
NASDAQ:AAPLLong
by bryandowningqln
APPLE This is why you should not miss this buy opportunity.Apple (AAPL) dived by -18% from the December 14 2023 High and following yet another rejection on its 1D MA50 this week, many turned increasingly skeptical over the stocks future. On this chart however, we examine Apple's ratio against Nasdaq (NDX) and gives a very clear answer. As you can see, the ratio is about to form a Death Cross on the 1W time-frame, with the price attempting a rebound after having been hammered below the 1W MA200 (orange trend-line). In the past 11 years, every time the ratio was below its 1W MA200 (green arc) and on a 1W Death Cross in particular, that was the market bottom and Apple largely outperformed the rest of the index. In fact the minimum it rose by until the next large correction was +53.54% and the maximum +95.31%. In 1W RSI terms, this bottom is very similar to January 2013, when the RSI also got extremely oversold at 20.00. Bottom-line: Apple is most likely expected to outperform the index in the coming years, thus presenting a very rare long-term buy opportunity. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:AAPLLong
by TradingShot
5
APPLE Bouncing off extremely strong Support Cluster.Apple (AAPL) completed yesterday 3 straight green 1D candles, the longest such bullish streak in 3 months (since January 25). The rebound has been initiated inside the Lower Highs Zone that started after Apple's former All Time High (ATH) on January 04 2022. The are a lot of recurring patterns involved as well, with one being that the current Channel Down that started on the December 14 2023 High, was rejected on the Resistance Zone that the previous Channel Down also did on the July 19 2023 High. That one made a Double Bottom on the Former ATH Lower Highs Zone after a rejection marginally above the 1D MA50 (blue trend-line) before rebounding. With the 1D RSI within a Channel Down as well since that High and having rebounded from its lowest level since February 2018, we have a very strong case for buying Apple, at least on the medium-term, targeting again the Resistance Zone's bottom at $198.00. If it follows the pattern of the 2023 rally, we can even see it hitting the 1.382 Fibonacci extension at $211.00 or even higher by the end of the year since the pattern that on the January 03 2023 market bottom, is a Channel Up. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:AAPLLong
by TradingShot
Apple Struggles in China as Huawei Stages Smartphone ComebackThe Chinese smartphone market, a crucial battleground for tech giants, is witnessing a significant shift. According to research firm Counterpoint, Apple has experienced a concerning 19.1% decline in iPhone sales during the first quarter of 2024. This slump comes in stark contrast to the impressive 69.7% surge in smartphone sales enjoyed by China's own Huawei over the same period. This news paints a worrying picture for Apple's dominance in the world's largest smartphone market. The reasons behind the decline are multifaceted. Some analysts point towards a slowdown in overall smartphone sales in China. However, Huawei's impressive growth suggests a deeper issue specific to Apple. One potential factor is the recent launch of Huawei's Mate 60 smartphone. This flagship device boasts a powerful, next-generation 5G chip, potentially enticing consumers looking for cutting-edge technology. Apple's latest iPhone offerings might not have possessed the same level of innovation in the eyes of Chinese consumers. Another possibility lies in the ongoing geopolitical tensions between the United States and China. Nationalistic sentiment could be driving Chinese consumers towards domestic brands like Huawei, especially considering the ongoing US sanctions against the company. This could be further amplified by any negative media coverage surrounding Apple. Furthermore, Apple's premium pricing strategy might be hindering sales in a market increasingly focused on affordability. While the iPhone is known for its quality and brand recognition, competitors like Huawei are offering compelling features at a more competitive price point. This could be particularly appealing to budget-conscious consumers. The decline also raises questions about the effectiveness of Apple's marketing strategy in China. Perhaps the company hasn't effectively communicated the value proposition of its latest iPhones to the Chinese market. Cultural nuances and a deeper understanding of consumer preferences might be crucial in reigniting sales. Looking ahead, Apple will need to take decisive action to address this challenge. Here are some potential strategies the company could consider: • Product Innovation: Introducing features that resonate with Chinese consumers, potentially focusing on advancements in areas like camera technology or integration with popular Chinese social media platforms. • Localization: Tailoring marketing campaigns and product offerings to cater to the specific tastes and preferences of the Chinese market. This could involve collaborating with local influencers or offering unique features specific to China. • Competitive Pricing: Re-evaluating its pricing strategy in China. While maintaining its brand image, exploring options to make iPhones more accessible to a wider range of consumers. • Partnerships: Potentially forging strategic partnerships with Chinese firms to improve brand image and distribution channels. The Chinese smartphone market is fiercely competitive, and Apple's recent decline serves as a wake-up call. While the company still boasts a loyal customer base globally, it needs to adapt and innovate to maintain its position in China. Addressing the issues discussed above could help Apple regain its footing and ensure its long-term success in this crucial market. This situation also highlights the rise of Chinese tech giants like Huawei. With a strong focus on innovation and a deep understanding of their domestic market, these companies are increasingly challenging established players like Apple. The global smartphone landscape is likely to see a fascinating battle unfold in the coming years, with Chinese firms potentially shaping the future of the industry.
NASDAQ:AAPLShort
by bryandowningqln