Last time RSI was this low was DEC 2018 BOTTOM before meteoric rise.
MACD is showing a Classic Bullish Divergence
P.E Ratio is around the P.E warren buffet bought more apple at.
Chart shows another falling wedge.
We are sitting on an .886 fib retrace that I did not draw on the chart, from the previous low to high.
Sentiment around apple is Poor (good time to be contrarian?)
Komentar
⋅
I would like to add that, with the billions shoved into NVIDIA chips, and AI research, It is time to start seeing a profitable use case. If there is a use case, AAPL will almost certainly be a beneficiary.
Upgrade cycle could be massive.
(of course, this is all fundamental stuff and not technical so not really my specialty. But if there will be a narrative that follows price higher, this could be it.)
Komentar
⋅
That's a nice move today. Bottom may very well be in.
AAPL along with TSLA and GOOG probably join the rally now, or at least help hold the indexes up as everything else goes down / sideways.
Being up while mostly everything else is down is a sign of strength.
Komentar
⋅
Apple Google AI.
What timing.
What timing.
how can the chart predict these things?
oh my.
Komentar
⋅
This gap was not able to fill, too much demand for this stock. The bottom is forming right before everyone's eyes, and will be a historical pivot point that people look back upon to study. Right before a meteoric run.
I’m not seeing a buy zone until $152 - $155 zone. That’s where I’m seeing a confluence of support on the monthly, weekly, and daily. So I think it’s a little too early.
bradc1984
⋅
Too soon Junior
bradc1984
⋅
Oh cut me a freaking break man. Even a dead cat is going to bounce if you throw it out a 10th floor window. You long anything in this market your asking to have your money taken from you
johng2001
⋅
mulaudzimpho
⋅
@johng2001 you must also understand the kind of market you are trading before you make analisis is uptrend or downtrend it will help to not over thinking n manage pull backs n follow the right trend.