Category: Single stocks

Apple (AAPL) 2016-10-08

Apple may have a little higher left in it but may very well be putting the icing on the cake of a lower high to that of 2015.

AAPL preparing for next phase of decline?

During the three months since then, Apple’s stock price has spent more time beneath a trend line which must now be regarded as potential resistance. The move lower probably will start from near the present area. Continue reading at See It Market

Apple monthly 2014-01-30

It appears we have completed retrace of the initial decline in Apple and should now be in the initial stage of a decline that takes price to at least just under the April lows of last year but more likely past that to the mid $200’s. There may be some hesitation around $470 that results […]

Apple to consolidate decline

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Apple is bouncing from support that we have alerted our subscribers to for many weeks.  Potential initial targets for the bounce are listed on the chart (460, 508, and 545) but corrections are notoriously difficult to forecast.  We suspect that a touch of the lower main channel will be resist but where that is in price is […]

Apple Is Testing Support and Probably Trying To Bounce

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In late January, we mentioned that Apple (NASDAQ:AAPL) appeared to be finishing the first portion of its downward correction from the November 2012 high, and we showed why price should try to find support in the region between 405 and 445. Last week, Apple found support just above the ideal 415 level, and it is […]

What To Watch With Apple After Earnings Day

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Our subscribers know we have been watching Apple closely in recent weeks. In the wake of AAPL’s strong reaction to Wednesday’s earnings report, here are some signals and areas to watch as support and, if there is a bounce, as overhead resistance. Our working Elliott wave count has had AAPL tracing out a 4th wave, […]