$AAPL is looking strong as we head into the end of the year. AAPL is a strong buy below $110 if we see another panic sell off.
$AAPL was strong but is now weak heading into the end of the year. AAPL is a strong buy below $110 if we see another panic sell off.
$AAPL MOMO's rocking but not the AAPL. Let's see if we get our typical T am bump or they are doing do a coal stocking stuffer again
$AAPL looks like Santa delivering coal today in stocking stuffers. I'm not a believer in Santa rally for this one.
$AAPL 111p > 30% on DT weeklies from open. I did not catch but MM's love to take your cash during Holiday season n this one.
$AAPL at lows of day & approaching bear market status again. 18% below all-time high. $GOOGL less than $100B from topping $AAPL market cap.
$AAPL Watching $112.92 to see what price is going to do. Need above $113 else negativity we will see.
$AAPL more coal coming from Santa? Another dip near open like usual Friday's? Been punished this week already n been good? Bipolar Santa!
If you take a look at the AAPL (see chart #1 below), you will see that as of now the APPL is about at the same level ($105.90) it was on August 20 of 2015 ($106.05) a day before it crashed to $92 which is 31.6% from the highest high ($134.53) seen on April 28 of 2015. Chart #1: AAPL stock chart as of 12/18/2015. 1 bar = 1 day. Now, if you compare August 21 (see chart #2) and December 18 (chart #3) intraday trading sessions, you will see that they are quite similar. On both of the charts the AAPL declined and on both charts we see increase in volume which could be considered as some panic. Chart #2: AAPL stock chart as of 05/20/2015. 1 bar = 2 minutes. Chart #3: AAPL stock chart as of 12/18/2015. 1 bar = 2 minutes. Charts courtesy of www.marketvolume.com From one side the trends on the AAPL on 8/21/2015 and on 12/18/2015 are similar (see charts #2 and #3 above), from another side, by looking at the chart #1, you will see that volume on 8/21/2015 was much higher than on 12/19/2015 (126 M shares versus 86 M shares). On 8/20/2015 we had more traders who was selling in panic. However, we always have to remember that volume is 2-side transaction and for each seller we have a buyer. High volume surge surge on 8/21/2015 also mean bullish traders attracted by low AAPL price started to buy. On the next trading session (8/24/2015) the AAPL slid strongly and we had even stronger volume surge which suggest that bigger number of bullish traders started to buy AAPL ($90-100 for AAPL stock looked very attractive) from the Bearish traders. These bullish traders were stronger then the bearish traders and they pushed the Apple up. On this Friday (12/18/2015) we had the AAPL at the same level it was on 8/21/2015, yet on much lower volume. Price declines because there is more bearish traders willing to sell at lower price. Smaller volume means smaller number of bullish traders are jumping to buy from the Bears. The AAPL does not look any more as attractive as it was in August of 2015. If on Monday the AAPL continues to decline, we may not see a bounce as we saw on August 24 of 2015 simply because now there is smaller number of the Bulls than it was in August.