APPLE – Back Today on ATA Research Radar
ATA Continuation of…
5.05.2017 – APPLE – THE HEAT IS STILL ON…BUT FOR HOW LONG…!!???
13.09.2017 – APPLE – (I)MOTIVE ON (I)WALL STREET – (I) FAITH IN IPHONE…
21.10.2017 – APPLE – QUOTE VS MEDIA DISAPPOINTED NEW IPHONES SALE…
5.11.2017 – APPLE – X MANIA…
30.03.2018 – APPLE – BURNT OUT TECH STAR…
1.05.2018 – APPLE – NEW EXPECTATIONS…
3.11.2018 – APPLE – HIDDEN i MOTIVE…
25.05.2019 – APPLE – CHINA BAN RISK…
21.06.2019 – APPLE – TARIFFS PRESSURE…
28.07.2019 – APPLE – Searching for True Direction…
APPLE Last Main Motive
Goldman Sachs Cut Apple Price Target
to 165 USD from 187 USD
Apple TV+ “material negative impact” on earnings
still with
Active Negative Divergence
Nasdaq – July All Time High
vs
Apple
still No New Top on Nasdaq Bull Market
Last All Time High almost Year ago
October 2018 233.47 USD
Present P/E 18.57 vs Forward P/E 17.13
P/BV 10.28
Dividend Yield 1.33% & Forward Dividend Yield 1.38%
N-Times…
If APPLE Price – Firm with MOUNT EVEREST OF CASH…
Change Market Trend…
It can be KEY FACTOR – MARKET STRONG GAME CHANGER …
from RISK ON to RISK OFF
for All US & Global Equties & other Risk Assets… !!!
First…ATA from 28.07.2019
” APPLE Battlefield
Resistance – 210 – 230-233 USD
vs
Support 200 USD ”
Second…Present Apple Situation
APPLE LONG TERM SITUATION
ATA MARKET MODEL IN LONG TERM ACTION
ATA MIND OVER MARKETS
Hope is Not a Strategy
Follow the Trendlines Not the Headlines
ATA MARKET MODEL
First…Market Motive…
Second…Market Technical Pattern…
First…Key Motives
above in this text…
Second…Market Technical Patterns
Elliott Wave – Two Major Counts
EWT RISK OFF Scenarios
III WAVE TOP ( White )
or
V WAVE MASTER TOP ( Blue )
with
still Active Risk
of
Long Term Top Reversal Pattern
M or 2B – Key Levels Zone 230 – 233 USD
( Quarterly & Monthly Charts )
Two Ending Diagonal Patterns
Pattern Incepcion
the Diagonal in the Diagonal
( Monthly Line Chart )
&
Medium Term Top Reversal Pattern
M or 2B – Key Level 233 USD
&
Ending Diagonal Pattern
Upper Edge 228 – 230 USD
( Weekly Chart )
with
Last Bear Gap 222 – 220 USD
Psychological Key Level 220 USD
( Daily Chart )
vs
above
May 2019 Top – Key Level 215 USD
&
Psychological Key Level 200 USD
with
MACD Quarterly , Weekly & Daily Buy Signals
&
MACD Monthly Activated again Buy Signal
ATA APPLE Investment Conclusion
APPLE Battlefield
Resistance 220 – 230 – 233 USD
vs
Support 215 – 200 USD
with
SM Reaction on
FED Meeting & Verdict – 18 September
Finally – EOM – September
never forget
Risk strikes Fast…
Chart is More Important than 1000 Words…
&
Most Important s Final Smart Money Reaction…
First…EOD-s
Second…EOW-s
Final…EOM – Present Month September
APPLE Quarterly Monthly Weekly Daily & Intraday ( H4 ) Charts :
2.05.2017
12.09.2017
20.10.2017
3.11.2017
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1.05.2018
2.11.2018
24.05.2019
20.06.2019
26.07.2019 – EOW
13.09.2019 – EOW
