Apple - page 5

 

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2021.03.01 07:16

Apple - weekly correction within the primary bullish trend; 119 support is the key for the correction to be continuing (based on the article)

Ichimoku trading system by Metatrader 5

Ichimoku trading system by Metatrader 5

  • "During Apple’s earnings conference call on February 1, 2018, Luca Maestri, the company’s CFO, stated that due to changes in the tax laws, “Tax reform will allow us to pursue a more optimal capital structure for our company. Our current net cash position is $163 billion. And given the increased financial and operational flexibility from the access to our foreign cash, we are targeting to become approximately net cash neutral over time.” In just under three years Apple’s net cash position has essentially been halved while it has bought back 9.4 billion split-adjusted shares or 35% of them. Using the estimates below it should take Apple another three years and $250 billion to get to a neutral cash position."

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The chart was made with Ichimoku market condition setup (MT5) from this post (free to download for indicators and template) as well as the following indicators from CodeBase:


 

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2022.01.26 05:39

Apple - daily breakdown with the bearish reversal by closed daily candle; RSI is in oversold level; 154.70 is key support for the ranging market condition to be started (based on the article)

Apple share by Metatrader 5

  • "Apple presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors".
  • "But making Apple Inc an even more interesting and timely stock to look at, is the fact that in trading on Tuesday, shares of AAPL entered into oversold territory, changing hands as low as $157.02 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30".

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The chart was made with Ichimoku market condition setup (MT5) from this post (free to download for indicators and template) as well as the following indicators from CodeBase:


 

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2022.05.26 18:22

Is Apple Stock A Buy At $140? (based on the article)

Is Apple Stock A Buy At $140?

Weekly price is breaking Ichimoku cliud to below for the possible bearish reversal. But the price is oon oversold market condition and it was bounced from 132 support level to above for the ranging or the bullish trend to be resumed.

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The chart was made with Ichimoku market condition setup (MT5) from this post (free to download for indicators and template) as well as the following indicators from CodeBase:


     

    Forum on trading, automated trading systems and testing trading strategies

    Press review

    Sergey Golubev, 2023.07.29 09:32

    Apple - strong daily bullish trend with 198.23 resistance level for the primary bullish trend to be continuing (based on the article)

    Apple - strong daily bullish trend with 198.23 resistance level for the primary bullish trend to be continuing

    Apple - strong daily bullish trend with 198.23 resistance level for the primary bullish trend to be continuing

    • "Apple is expected to publish its Q3 FY’23 results in early August, reporting on another quarter that is likely to see Apple’s key computing products face sluggish demand."
      The daily price is located far above Ichimoku cloud in the bullish area of the chart. The price is trying to breal the symmetric triangle pattern to above for the bullish trend to be continuing with the key support/resistance levels at 191 and 198.

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    The chart was made with Ichimoku market condition setup (MT5) from this post (free to download for indicators and template) as well as the following indicators from CodeBase:


    Reason: