Microsoft ($MSFT) and Apple ($APPL) 💻 | New Highs for the Market🐮🖥️🐮 Apple and Microsoft are giants of tech and some of the largest holdings of the major indexes. If these companies run, not to mention the other tech giants like Facebook and Alphabet, then the markets will almost certainly run with them.
Just look at the top 5 holdings of the S&P :
Microsoft Corporation 5.68%
Apple Inc. 5.60%
Amazon.com, Inc. 4.26%
Facebook, Inc. Class A2.16%
Alphabet Inc. Class A1.68%
Alphabet Inc. Class C1.68%
Here are the top 5 holdings of the Nasdaq :
Apple Inc. 11.83%
Microsoft Corporation 11.41%
Amazon.com, Inc. 10.25%
Facebook, Inc. Class A 4.35%
Alphabet Inc. Class A 3.88%
Alphabet Inc. Class C 3.85%
Here is the top DOW holdings With non-tech excluded (Microsoft is the 6th on the list, Apple is still #1):
Apple Inc.9.14%
Microsoft Corporation 5.07%
It should be obvious to you now what we mean when we say " if these stocks run, then the market runs ." We mean, they are the biggest parts of the major indexes!
This is good news for the bulls, because run is exactly what is about to happen based on historical trends.
Some people seem to think that these tech stocks rushing past new all-time-highs perhaps signals the top of not only these companies but the market. In fact, we commonly hear this sort of sentiment every time it happens. Reality is just the opposite.
The fact that these companies are breaking all-time-highs is actually bullish for them and the market as a whole.
On top of that, the news is bullish for these companies as well (COVID aside). We have new iPhones, a slick new MacBook Pro, a new Surface Duo, and a declaration against Face ID for Microsoft.
In short, there is nothing really substantial to bring these giants down aside from the broader market, but again, it is more likely they bring the market up. Don't take our word for it though, the historic patterns are clearly illustrated on our charts.
On the charts, you can see yellow horizontal lines marking off each new high. You can clearly see that the longstanding pattern is that breaking a new high is bullish for both Apple and Microsoft (with this being true in spite of any bearish disbelief).
In summary, breaking all-time-highs with conviction is bullish for the tech giants, which is bullish for the markets. So after that last break, our only questions are "when" and "how high?"
Resources: www.etf.com + www.forbes.com + www.forbes.com + www.foxnews.com + mspoweruser.com
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APPL
Just coindence ? Shocking truth ! All bubbles are the same !Hello everyone,
Today I´ve decided to show you something shocking.
People say they stick to stocks and do not trade Bitcoin or other cryptocurrencies because they are manipulated.
I have no proof that it is true or it isn´t but if so stocks are too !
Just look at this fractal (purple trend) is copied from right side (Bitcoin) and set to Apple trend.
It fits so much and the conformity is almost 99% even the price grow and corrections are almost the same.
Wanna see more ? Look for further data in chart below. It can reveal where APPL is going next.
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
The Broader Market May be in Apple's Hands 🍎 | APPLE ($APPL)🍎 Our last Apple chart played out like clockwork, now it is time to see what happens next.
Apple is generally highly correlated with the broader market. Luckily for the broader market Apple stores reopening and hype about the iPhone 12 may just be enough to push Apple up past resistance. Plus, although it began to decline yesterday, the relatively high short volume ratio doesn't hurt either (as those trying to short the top could be squeezed on a move up; perhaps this weekend).
Right now we are sort of at the mother of all resistances for Apple, we are right back at the all-time-high seen before the COVID crash. Our goal here is simple, to show the last resistance level on the chart and otherwise to map out support levels that will only come into play if Apple can't break resistance or if it comes back down later.
Directly above us we have the R1 orderblock + S/R flip cluster which includes the previous all-time-high for Apple. If we break this and get bullish continuation, then this level becomes potential support to retest before continuing higher after.
Below us we have a number of key levels, these include S1 which may act as a local support before moving higher. Then we have the S2 range created from a gap and orderblock. If those levels don't hold we do have support at S3 - S5 as well, although a move here implies a bearish path for Apple and almost certainly the broader market.
Resource: www.cnbc.com + 9to5mac.com + www.forbes.com + fintel.io
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The river of nonsense So here we are - and so let me be.
Rejected at top, looking to be free,
We fall below levels that exist,
To create false hope and blurry doubt mist.
You think you know the support line,
Drawn it precisely to meet your guideline,
Your charting style and wise strategy,
So watch this sharp knife, bloodily falling with thee.
And let me be...
APPLE ($AAPL): Should We Buy the Dip (if We Ever Get One)?✨ New charts every day ✨
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Apple is coming off of good earnings and their new series of upcoming iPhones was just leaked (so far there seems to be a warm reception). With a strong uptrend and a monster of a company, it seems unwise to do anything other than look for a long position. With that in mind, one could argue the tech sector is a little overextended and running right into resistance here, not only is that true for the sector, it is also true for AAPL as well. The bet here is that despite tech and Apple being bullish overall, a pullback for Apple if not the whole sector is in the cards first. The goal would be to find an entry at support and ride this monster of tech back to resistance if not beyond to new all time highs.
Resources: appleinsider.com + www.earningswhispers.com
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1. Fractal Trend is showing a strong uptrend (Aqua bar color) on the 2 hour chart. The pullback to the S1 and S2 support levels should still be contained within the uptrend and not initiate a trend change (bar color change).
2. With this strategy, we we want to enter long on bullish order blocks plotted by Orderblock Mapping (Blue) and bullish S/R levels plotted by Directional Bias (Blue).
3. There are two really clear levels of resistance from the range formed in the earlier part of the year. We are looking at those Bearish levels (Red) to initiate a healthy correction to our S1 and S2 levels.
4. With that all in mind, we will exit positions if Fractal Trend changes color, at any point. This will help to lock in profits and limit risk if Apple can't retain its uptrend.
Technical analysis APPLE INC. H1TRENDS
Short term: HIGHLY UP MY GOALS : 320.11 USD (+ 3.22%) / 327.20 USD (+ 5.50%)
Background: HIGHLY UP
83% UP / 0% SELL / 17% NEUTRAL
MY OPINION
UP ABOVE USD: 302.64
MY ANALYSIS:
The uptrend is currently very strong on APPLE INC .. As long as the price remains above the support at 302.64 USD, we could seek to profit from the surge. The first bullish target is located at 320.11 USD. The upward momentum would be revived by a break in this resistance. Buyers would then target the next resistance located at 327.20 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible short-term correction. If this is the case, remember that trading against the trend may be more risky. It would seem more relevant to wait for a signal to resume the trend.
The listing of APPLE INC. is 310.13 USD. The price recorded an increase of + 2.10% on the session and traded between 304.29 USD and 310.35 USD. This implies that the price is located at + 1.92% of its lowest and at -0.07% of its highest.
Technical analysis of this 1H graph from APPLE INC. indicates that the overall trend is strongly upward. 92.86% of the signals sent by moving averages are bullish. The overall trend is reinforced by the strong bullish signals given by the short-term moving averages. The Indicators scanner does not detect any detection on the moving averages that would impact this trend.
The study on technical indicators highlights a strong bullish signal.
Technical indicators:
RSI (14): 73.41
MACD (12,26,9): 3.1500
Directional Movement: 16.62
AROON (14): 100.00
DEMA (21): 308.67
Parabolic SAR (0,02-0,02-0,2): 304.43
Elder Ray (13): 2.98
Super Trend (3,10): 303.19
Zig ZAG (10): 310.13
VORTEX (21): 1.1100
Stochastique (14,3,5): 89.99
TEMA (21): 308.93
Williams %R (14): -2.63
Chande Momentum Oscillator (20): 7.24
Repulse (5,40,3): 1.2500
ROCnROLL: 1
TRIX (15,9): 0.1500
Courbe Coppock: 3.47
Moving Averages:
MM7: 298.30
MM20: 286.56
MM50: 271.23
MM100: 288.85
MMexp7: 307.53
MMexp20: 304.44
MMexp50: 298.45
MMexp100: 290.89
Cours / MM7: +3.97%
Cours / MM20: +8.23%
Cours / MM50: +14.34%
Cours / MM100: +7.37%
Cours / MMexp7: +0.85%
Cours / MMexp20: +1.87%
Cours / MMexp50: +3.91%
Cours / MMexp100: +6.61%