(AAPL) Apple Analysis

8 thg 7, 2022

I'm basing this analysis on the tools listed below in addition to my own observation of APPLs reaction to key FED data and market health indicator data. Apple has surpassed the bearish trend line channel shown in black, without fail the stock returned to the bottom of the channel fast and hard when this occurs. I believe we are currently in a technical recession and that hasn't been fully priced in because the FED and the White House don't want to put that idea officially in the market for their own best interest... if you were President would you want to be known for having a recession during your time in office... with re-elections coming up... I think not. There is a reason some of the biggest companies have opted for splits during this time, it's because they see the writing on the wall and much harder times coming 2022 - 2023 but I digress, check the chart and good trading.

-The red vertical lines indicate a day of important market moving data
-The yellow adjacent squares represent a mirroring overall pattern noticed between the two sections after crossing the above mentioned red data lines
-The yellow line running parallel is the 200 EMA
-The green dots are key areas that seem to occur just before and after key (-/+) data releases
-The green line is the projected path of next weeks
-The Black lines are the high & low trajectory channel of the bearish trend since the stock peaked in December 21'

$129 Retest before earnings

Tools
200 EMA, Swing High & Low Candles, and Trendlines W/ Breaks