Apple (AAPL) Trading Report

Source: Stock Traders Daily

Longer Term Trading Plans for AAPL
  • Buy AAPL over 139.20 target 156.61 stop loss @ 138.8 Details
  • The technical summary data tells us to buy AAPL near 139.20 with an upside target of 156.61. This data also tells us to set a stop loss @ 138.8 to protect against excessive loss in case the stock begins to move against the trade. 139.20 is the first level of support below 152.62 , and by rule, any test of support is a buy signal. In this case, support 139.20 would be being tested, so a buy signal would exist.

  • Short AAPL under 156.61, target 139.20, stop loss @ 157.06 Details
  • The technical summary data is suggesting a short of AAPL as it gets near 156.61 with a downside target of 139.20. We should have a stop loss in place at 157.06though. 156.61 is the first level of resistance above 152.62, and by rule, any test of resistance is a short signal. In this case, if resistance 156.61 is being tested, so a short signal would exist.

Swing Trading Plans for AAPL
  • Buy AAPL over n/a, target n/a, Stop Loss @ 0 Details
  • If n/a begins to break higher, the technical summary data tells us to buy AAPL just over n/a, with an upside target of n/a. The data also tells us to set a stop loss @ 0 in case the stock turns against the trade. n/a is the first level of resistance above 152.62, and by rule, any break above resistance is a buy signal. In this case, n/a, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short AAPL near n/a, target n/a, Stop Loss @ 0. Details
  • The technical summary data is suggesting a short of AAPL if it tests n/a with a downside target of n/a. We should have a stop loss in place at 0 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, n/a, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for AAPL
  • Buy AAPL over 153.85, target 156.35, Stop Loss @ 153.49 Details
  • If 153.85 begins to break higher, the technical summary data tells us to buy AAPL just over 153.85, with an upside target of 156.35. The data also tells us to set a stop loss @ 153.49 in case the stock turns against the trade. 153.85 is the first level of resistance above 152.62, and by rule, any break above resistance is a buy signal. In this case, 153.85, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short AAPL near 153.85, target 152.15, Stop Loss @ 154.21. Details
  • The technical summary data is suggesting a short of AAPL if it tests 153.85 with a downside target of 152.15. We should have a stop loss in place at 154.21 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 153.85, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

AAPL Ratings for July 26:

Term → Near Mid Long
Rating Strong Strong Neutral
P1 0 0 139.20
P2 153.85 152.15 156.61
P3 157.09 156.35 174.80

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This report was produced using AI developed by Stock Traders Daily.  Over the past 20 years this proprietary AI has been refined to help identify the most opportune trading strategies for both individual stocks and the stock markets themselves.  This methodology is also applied to Index options, ETFs, and futures.  The objective of this specific report is to optimize trading in Apple (NASDAQ: AAPL) while incorporating prudent risk controls. 

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for AAPL change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if AAPL is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Evitar Corte monitors the FOMC for Market Crash signals:

Fundamental Charts for AAPL:

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