Appl trade ideaHello friends!
In this idea, I am describing the reasons based on which I am considering trading in one direction or the other.
The resistance level is a mirror image;
The price has been approaching this level for three days;
There is a parabolic rounding before the level;
There is an accumulation of energy before the level for a breakthrough;
The stock looks better than the S&P500;
Yesterday's close was below the level (a good signal).
This idea is for intraday trading. At the time of writing this idea, the pre-market is below the level.
Assuming the price opens below the resistance level of $153.35 and slowly moves towards the level,
I plan to buy on the breakthrough. I have indicated the risk-to-profit ratio.
Target: $156-$157.
Be careful, the market is currently very unstable, only enter from strong levels and with stops!!!
Profit to all!
APPL
What impact will there be after bankruptcy for SVB?
The main reason for SVB's problem this time is liquidity. The banking industry is different from other industries, where the importance of liquidity is far greater than profitability. In the past few decades, there have been too many banks that have experienced extreme risks due to liquidity issues, and SVB has fallen into the same trap.
The management was aware of the bankruptcy, as the CEO cashed out $3.6 million in stocks two weeks before disclosing the losses. The exaggeration was that a few hours before the announcement of bankruptcy, the company still distributed bonuses for 2022 to its employees. It is a stark contrast between those who received the bonus and thinking about how to spend it, and those who cannot withdraw their deposits and are worried about the situation.
The market is concerned about the possibility of systemic risk and a Lehman-like crisis. As discussed earlier, based on the data, the liquidity risk of large banks is manageable, and the Federal Reserve is providing a backstop. However, there are around 5,000 banks in the United States, and more than just SVB may face liquidity risks in a high-interest rate environment.
(Based on the data, there is a significant amount of unrealized losses for the four largest banks in the United States. The risk depends on the ratio of "hold-to-maturity investments/total liabilities." The ratios for the four banks are 22%, 12%, 12%, and 17%, while SVB's ratio is as high as 47%. Overall, the risk appears manageable.)
The bankruptcy of SVB has the deepest impact on technology companies, as Silicon Valley Bank was set up to provide financing to technology companies, so many technology companies also keep their cash in SVB. Many companies have already disclosed the amount of their deposits in SVB over the weekend, and the impact on the technology industry is indeed significant.
In theory, the money in SVB is safe because the asset problem is not significant, but due to the mismatch of terms, it takes six months or even a year to pay, which is a huge pressure for some technology startups. Those who have started a business know that every day they wake up, they have to pay rent and salaries, and liquidity is the core support for company operations.
Hedge funds in the United States have already begun to look for opportunities to enter this time-limited money-making opportunity. Today, a hedge fund proposed to buy the startup company's deposits in SVB at a price as low as 60% of face value. It is indeed taking advantage of the situation to buy at this price, and if the asset confirmation is no problem, the portion due in a year, which is a 5% discount rate, is highly likely to be recovered by more than 90%.
The bankruptcy of SVB has had a significant impact on financial assets, and the US stock market has fallen for two consecutive days mostly because of this. The US bond yield has also fallen for two consecutive days, and the flight to safety sentiment is beginning to spread.
In the final analysis, the reason for SVB's bankruptcy this time is the Federal Reserve's rapid rate hike. Many contradictions will be highlighted in a high-interest-rate environment. The United States may still be relatively stable, and the greatest volatility may be in Europe and emerging markets.
The follow-up is to pay attention to whether there will be further impacts and the Federal Reserve's further actions. The Federal Reserve has confirmed that it will hold an emergency closed meeting of the Federal Reserve System Board of Directors at 11:30 am local time on Monday, and we await the outcome of the meeting.
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APPLE SELLPeace be upon you, merchants. Apple stock is negative. with a fracture. Double BOTTOM. It is a strong model and was unable to break a very strong resistance. At the price of 156. There is the possibility of re-testing. The price is 150. And re-disembarkation. to the level of 143. what do you think
AAPL STOCK BEARISH OUTLOOKNASDAQ:AAPL
HI , TRADER'S .. As you can see in chart That price did breaout from Channel down
Price Now reached 4HR Order Block or resistance level
market Can retrace back to 139$ to retest Channel down upper trendline
Sell Entry Is active Until Target Level
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HSY who doesn't love chocolate for Valentine's Day As a leading manufacturer of chocolate and sugar confectionery in the United States, Hershey Co. is poised to generate significant profits during Valentine's Day with its well-known brands such as Hershey's, Reese's, Twizzlers, and Kit Kat. Despite the recent controversy surrounding the missing "tips" on its Hershey's Kisses, the company's holiday-themed packaging, such as heart-shaped boxes, is expected to boost revenue even further. In 2018, Hershey Co. recorded annual revenue of $7,791 billion, a 3.67% increase from the previous year. According to the company spokesman, Valentine's Day ranks as Hershey's fourth largest season, following Halloween, Easter, and Christmas. going to do a live stream to talk more about the chart
#FLWS its that time of the year Flowers are still a favored gift choice, with the National Retail Federation (NRF) reporting that 35% of those surveyed plan to give flowers to their Valentine. Companies such as 1-800-Flowers.com (FLWS), which offers nationwide shipping, may experience an increase in business, as suggested by Kealy. Despite a dip from its 52-week highs, FLWS's stock price remains attractive.
Although the popularity of jewelry gifts has declined, according to NRF, it still commands the highest average cost per person at $30.34, totaling $3.9 billion in spending. The US Census Bureau data shows that the estimated value of jewelry and silverware shipped by manufacturers in the country was $6.5 billion.
🍏 Apple Inc Prepares For 18% BounceWe have the same candlestick pattern we just looked at on the VeChain weekly chart here on Apple Inc.
This is a Dragonfly Doji, which becomes a reversal signal when it shows at support.
This week starting green supports the previous candlestick.
This can signal that the AAPL stock is getting ready to grow.
We are targeting 18%.
NOTE: This chart setup is invalidated on a move and close below 124, which is the previous week wick low.
Namaste.
APPLE Bullish breakout or Bearish Reversal APPLE is at a trend line resistance level very import from 144-150
IF apple reaches this level this means it has broken a strong trend line and can continue to push for Bull run
If it cant cross the 144-150 resistance then I'm afraid it will also continue to do a bearish reversal as per FIB level strong resistance as well
APPLE STOCK MID TERM ANALYSISGoing short on Apple here. By far the most overvalued company in the stock market right now, with a 2T market cap.
Below I will mention multiple indicators suggesting Apple will go through a big correction in the upcoming months:
1) Apple's P/E ratio is 22.57 (Stock is approximately priced in 22x it's actual worth)
2) Chart looks very bearish, with the broken trend line going for a retest here at around $137-140.
3) Along with Microsoft, it's the only tech giant that hasn't corrected 50+% over the last 12 months.
4) Earnings come out on the 25th of January, and the overall economic outlook suggests things could be slowing down for $APPL
5) LAST BUT NOT LEAST, APPLE IS A COMPANY THAT HAS BECOME INCREASINGLY RELIANT ON CHINA/TAIWAN, AND ANY WAR OR ESCALATION THAT COULD BREAK OUT BETWEEN THE TWO NATIONS WILL BE DEVASTATING FOR APPLE,
Timestamped Market Overview 1/1/23 Short Version of DXY and VIX 8:24-9:24
DXY 0:14
VIX 4:45
APPL 9:25
HSI 11:11
NASDAQ 12:10
BTCUSD 14:18
MARA 16:00
PHUN 16:47
NVDA 16:58
PYPL 18:15
TSLA 18:55
Closing words (Will be interesting to see where the dollar opens) 19:43
Overall I think things look fairly bullish. At least in the ability to regain some of the loses from the past two weeks.
My big issue as always, is that the dollar is dropping more and more and stocks just are not going up as much as they need to in order to counterbalance. If the DXY hits 98-100 and bounces, then it wont be pretty for stocks if they haven't positioned themselves from a technical/chart perspective.
Apple - A small bounce for the silly bullsI think we can move up but I would not be surprised to be wrong either. If you have the conviction to go long here, we have a clear descending triangle. I don't foresee a bounce much higher than the first target being possible. I have a lower target that I feel will be hit sooner than later. Not financial advice. DYOR
APPL's TP price for the bears1. Price is trending within the down channel perfectly.
2. Purple color:
The price broke below the horizontal support of the ranging zone (0 to 1).
And using the 1:1 ratio strategy, TP price is expected at the next 100% level (level 2).
3. On the way to level 2, we may want to pay attention to level 1.5, where the level could be a horizontal support.
4. Orange color - another strategy to use in this scenario: Down "N" strategy:
Key move --> rebounce --> (following an N pattern)
After breaking the purple ranging zone 0 to 1 (the rebounce), the market would be highly likely to repeat the key movement (the orange force). Therefore, the bottom of the orange box could also be a strong support.
**Not Financial Advice**
The information contained in this article is not intended as, and should not be understood as financial advice. You should take independent financial advice from a professional who is aware of the facts and circumstances of your individual situation.
🚘 Tesla Is Leading The Stock MarketJust as we believe that bitcoin will bottom before the S&P 500 Index, in the same way we believe that Tesla will bottom before the other major tech giants.
At present time going down fast and strong would seen like something really bad.
A stock dropping is surely bad for the investors but these markets move in cycle, they go up and down, up and down...
At a later point in 2023, things will turn around.
You will see the Tesla (TSLA) stock growing while other tech giants such as Apple, Microsoft and Google will still have a long way down to go.
This will be a positive for Tesla investors, as they will be seeing their stock growing while everything else is still searching for a market low.
Out of crisis, opportunity comes.
Once we hit bottom, the only place left to go is up.
This major downturn we will see in 2023, we will turn into a positive once it is over and done.
We learn from mistakes.
Out of tough situations innovation and evolution is the result.
Look at Bitcoin/cryptocurrency as an example, it is the result of the 2008/09 fiasco.
Namaste.
APPL APPLE BEARISH DIAMOND CONT.It appears to me that a bearish diamond pattern is coming to an end - based on the qqq's direction and the overall sentiment on the direction of the entire market I would wager that its going to eventually (soon) break the lower purple line (140.15) which represents a heavy volume/price area. As you can see that level has been an area of strong adherance throughout the entire diamon thus far. It is possible that the pattern will make one more small push to the upside towards the $145 level however that pop should be short lived.
Overall PT 1 is $135.64
PT 2 - 131.04
Both the 1/20/23 $140 PUT strike as well as the 2/17/23 $140 put strike have heavy open interest and look like a safe bet with plenty of time. However I do think the trade can be exited for profits well before those expirations.