Apple Potential Selling Soon
已更新
Taking a look into Apple, we have some indicators that we may see some selling here soon. It has formed a descending channel.
Indicators:
- MACD is in an average area of a bullish move before a sell off.
- RSI slightly surpassed the last high of Aug 2022 but it is still not overbought yet, we simply have room to head down if it does.
- MFI (Money Flow Index) seems to have peaked and is slightly sinking.
Comments:
We're still waiting on Apple earnings which have been pushed to May 5th for some reason. We do see a head and shoulders have formed. If we do see a sell off which would need to start soon in order to confirm the prediction, we should see a bounce in the
138-
142 area about a month or two into selling, before heading back down. You can confirm this by looking blue arrows. The bounce typically happens in the same timeframe and percentage down after the selling has begun. Further more, this has been the longest bounce since the selling started in early 2022. This rally has about exhausted itself, especially in the face of decaying economic data.
For giggles, I overlaid the Feds Balance Sheet and amazing coincidence when the sheet explodes up, equities also exploded up. The balance sheet rises ALWAYS precedes the markets going up. Tale tale that when Apple started to sell off Feb 23rd, the balance sheet grew THEN Apple's stock prices started to rally yet again. But, as we can see the balance sheet has begun unwinding. Amazing seeing how markets have been weaker and weaker, ending in the red or flat. I believe this is a tale tale sign of another wave down.
There is more talk of banking issues, and now commercial real estate issues. Let's see what transpires by summer. The Fed all but confirmed a recession and blamed it on the banking crisis.
Indicators:
- MACD is in an average area of a bullish move before a sell off.
- RSI slightly surpassed the last high of Aug 2022 but it is still not overbought yet, we simply have room to head down if it does.
- MFI (Money Flow Index) seems to have peaked and is slightly sinking.
Comments:
We're still waiting on Apple earnings which have been pushed to May 5th for some reason. We do see a head and shoulders have formed. If we do see a sell off which would need to start soon in order to confirm the prediction, we should see a bounce in the
138-142 area about a month or two into selling, before heading back down. You can confirm this by looking blue arrows. The bounce typically happens in the same timeframe and percentage down after the selling has begun. Further more, this has been the longest bounce since the selling started in early 2022. This rally has about exhausted itself, especially in the face of decaying economic data.For giggles, I overlaid the Feds Balance Sheet and amazing coincidence when the sheet explodes up, equities also exploded up. The balance sheet rises ALWAYS precedes the markets going up. Tale tale that when Apple started to sell off Feb 23rd, the balance sheet grew THEN Apple's stock prices started to rally yet again. But, as we can see the balance sheet has begun unwinding. Amazing seeing how markets have been weaker and weaker, ending in the red or flat. I believe this is a tale tale sign of another wave down.
There is more talk of banking issues, and now commercial real estate issues. Let's see what transpires by summer. The Fed all but confirmed a recession and blamed it on the banking crisis.
交易开始
We’re holding up so far交易开始
Earnings Beat, but the move upward wasn't as expected and is still playing around $169 area.交易开始
Trade by June. If this fails, we will call it by June.订单已取消
Trade Cancelled. This was a miss.
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。