Apple,
AMZN and
MSFT, unlike
GOOGL and others are yet to reach new highs. AAPL, AMZN and MSFT follow a similar cycle and have been aligning nicely with this cycle.
Big Yellow Line: AAPL shows signs of aiming for new highs having broken out of the yellow line set by previous highs of 2 Sep and 13 Oct.
Note that AAPL gaps up on 4 and 5 Nov to break out of this resistance and tests the line as support on 11 and 24 Nov.
Big Red Line: This will be the main resistance for new high. Tested as support on 23 Mar and 24 Jul. Tested as minor resistance on 26-27 Oct and 5 Nov.
Red dotted line: Historic resistance from July 2019 and Jan 2020. This line suggests if AAPL was growing on a normal trajectory (without a covid and stimulus extended market), AAPL could have tested this high by 2021.
Green lines: These two green lines test historic highs and historic lows and align perfectly with entry marking. I love seeing when a number a signs merge together!!
I will test the cycle until entry date now.
Entry: 112.50 around December 21. Based on cycle analysis, 41-45 days before earnings shows a dip buy opportunity for AAPL
Exit: AAPL peaks 15-17 days before Earnings. Low price target - 131 (half position sold) . High target - 140
Good luck traders!
Big Yellow Line: AAPL shows signs of aiming for new highs having broken out of the yellow line set by previous highs of 2 Sep and 13 Oct.
Note that AAPL gaps up on 4 and 5 Nov to break out of this resistance and tests the line as support on 11 and 24 Nov.
Big Red Line: This will be the main resistance for new high. Tested as support on 23 Mar and 24 Jul. Tested as minor resistance on 26-27 Oct and 5 Nov.
Red dotted line: Historic resistance from July 2019 and Jan 2020. This line suggests if AAPL was growing on a normal trajectory (without a covid and stimulus extended market), AAPL could have tested this high by 2021.
Green lines: These two green lines test historic highs and historic lows and align perfectly with entry marking. I love seeing when a number a signs merge together!!
I will test the cycle until entry date now.
Entry: 112.50 around December 21. Based on cycle analysis, 41-45 days before earnings shows a dip buy opportunity for AAPL
Exit: AAPL peaks 15-17 days before Earnings. Low price target - 131 (half position sold) . High target - 140
Good luck traders!
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。