CFD Trading – Buy Apple Inc. (APPL.NAS) @ $145.00. Stop @ $137.90 and Target @ $164.00.

Apple Inc. Stock Code AAPL.NAS

Outlook

Price broke above the cloud in the previous trading session, changing the chart outlook to bullish. Conversion and Base lines had a bullish crossover, hinting of a bullish price trend. Lagging Span is above price of 26 days ago but is below the cloud. MACD is bullish with both lines above the zero line. MACD is hinting at a bullish price trend. We think price is likely to move higher to the next price resistance at $164.06 in the next 2-3 weeks.

Strategy                  

$145.00              Buy

$164.00              Price Target

$137.90              Risk Management Stop

3 weeks              Trade Duration

From Our Poll. Chart View of 2 Stocks – Apple Inc and SEA Ltd.

Apple Inc Chart View
Price may have made a low at US$132.61 and a gap on 27 May is a confirmation of a low and a price rally.

 We could see a corrective rally to the either US$156(Fibonacci 50% correction point) or US$160 (62% correction point) in the next 2-3 week.

The longer term trend will depend on a price move above the cloud by the 20 June 2022. If not the bearish trend is likely to resume again for US$133.

MACD has a bullish crossover and is hinting at a price rally ahead.




SEA Ltd Chart View

Price could be closed to a bottom. While price has been declining, the MACD indicator has been moving higher, hinting at a potential price low in the making.

Conversion and base lines had a bullish crossover, hinting at a possible price rally. MACD is also hinting at a price rally.

A confirmation will come when price move above the cloud in the next 1-2 weeks as the cloud offers the least resistance during this time window.

CFD Trading – Buy APPLE Inc. (AAPL.NAS) @ $133.00. Stop @ $127.50 and Target @ $144.75.

Apple Inc.  Stock Code AAPL.NAS

Outlook
Price broke above the cloud last Friday, and this could signal the end of the correction and a resumption of the bullish trend. Conversion and Base lines had already had a bullish crossover earlier, hinting of the bullish trend. Lagging Span is above price of 26 days ago but is inside the cloud. MACD is turning bullish with both lines moving towards the zero line and moving higher. A breakout of an Ichimoku V-shaped price structure gives a price projection target of $141.20 which we think can be achieved within a 3 weeks period. There is also a good chance we may see the previous high of $144.78 tested again.

Strategy                  
$133.00              Buy
$144.75              Price Target
$127.50              Risk Management Stop
3 weeks              Trade Duration

CFD Trading – Buy APPLE Inc. (AAPL.NAS) @ $126.00. Stop @ $120.00 and Target @ $138.00.

Outlook
Price broke above the cloud on 1 December and has stayed above the cloud along the upper edge of the cloud. Yesterday price broke above a recent Double Tops’ high at $125.18, which could be a hint of more upside ahead. Conversion and Base lines are still bullish. Lagging Span is above price of 26 days ago and above the cloud, confirming the bullish trend. MACD is bullish and a bullish crossover was seen. We think price is likely to move higher to the previous high of $138.05 in the next 2 weeks.

Strategy                  
$126.00              Buy
$138.00              Price Target
$120.00              Risk Management Stop
2 weeks              Trade Duration

CFD Trading – Buy APPLE Inc. (AAPL.NAS) @ $122.00. Stop @ $118.80 and Target @ $130.70

Outlook
Price moved above the cloud 2 days ago, which could be a hint that the recent consolidation in share price may have ended and uptrend should be in the initial stage of forming. Conversion line and Base line had a bullish crossover confirming the bullish price trend. Lagging Span is above price of 26 days ago and above the cloud, confirming the bullish price trend.  MACD is bullish and a bullish crossover is hinting of a bullish price trend ahead. We see price moving higher to $130.73.

Strategy                  
$122.00            Buy
$130.70             Price Target
$118.90             Risk Management Stop
3 weeks              Trade Duration