Michane
2021-09-02

Let's do a really simple chart analysis of $Apple(AAPL)$:

On the white chart, I'm using 3 indicators:

1) MACD 

2) Bollinger bands

3) RSI

The first thing I always like to look at when reading a chart is the MACD. Because you don't really need to think so much with it. Looking at how the BLUE line clearly crosses the RED line (with the green volume charts just started rising), it's definitely good for a "BUY".

Second, although the green candlestick for the day is situated on the tip of the Bollinger band, showing that it has reach its ceiling.. but looking at the MACD line earlier, I would gladly say it has yet to really reach the "ceiling".

Finally, from the RSI indicator, though the purple line shows it's near the "top" of ceiling.. you can tell that there is still some room to go..

So based on these 3 indicators,  I would think that $Apple(AAPL)$still has some growth & definitely not be going down just yet.

So $Apple(AAPL)$let's roll on ???

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Comments

  • KYHBKO
    2021-09-10
    KYHBKO
    next week will see the launch of new apple products ... this should generate interest and can be bullish for the stocks
    • 阿麦小乔: 
      666
    • 阿麦小乔: 
      666
    • MichaneReplyKYHBKO: 
      To me I'm seeing that blue MACD is actually bent towards the Red line, so preparing to cross downwards. Just to make sure you're on the same page, did u set the date range for the chart to "1 year"?
    • KYHBKOReplyMichane: 
      if left on its own without any external news factor, MACD implies an upward tend. if the market responds favorite favourably to the product launch, the rally will be stronger.
    • Michane: 
      I checked the chart, AAPL BLUE MACD is soon to converge with the RED line to go back downwards. also now it's high on the bollinger bands & RSI
  • YeanPin
    2021-09-11
    YeanPin
    Patience and discipline is a virtue that will benefit all traders, keeping emotion and snap judgments in check.
  • 布莱登森林
    2021-09-05
    布莱登森林
    博主是技术实力派啊，看了你的分析，我果断买入了！
    • Michane: 
      过奖了！有买那是好事。。祝福你！
  • 揭人不揭短
    2021-09-03
    揭人不揭短
    原来是个技术大佬，失敬失敬，苹果也是我的持仓。
    • Michane: 
      其实这也没什么，简单分析罢了 [微笑]
  • 小时候可帅了00
    2021-09-03
    小时候可帅了00
    单边行情中，这些技术指标容易犯错误的，失灵了。
    • Michane: 
      你说的对，不能单靠这3样选择来分析。。
      但依照苹果这个稳扎稳打的股，我才敢以简单分析 [得意]
      若你有其他的方式我也乐意听听学习！
  • labbiT
    2021-09-13
    labbiT
    My preferred entry point for AAPL is closer to MA20 support around $148.50
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