AAPL: Complete Analysis (H, D and W charts)!

2022年5月4日

Hello traders and investors! Let’s see how AAPL is doing today!

First, in the 1h chart, it is breaking the $ 160 line, triggering a pivot point that could work as a reversal for the next few days. The 21 ema worked as a support a few times, and it just might work again, as the trend is getting bullish now.

The $ 171 area seems to be the most important resistance for us, and it is a technical target as well. This movement could be ruined if we see a bearish structure and if it loses the $ 158 area, so pullbacks are expected, but it must not drop too much.



Unlike the 1h chart, in the daily chart the trend is still bearish, and we don’t see any clear reversal structure. Yes, we did a Hammer pattern 2 days ago, but it wasn’t near any support level, and AAPL is not doing higher highs/lows yet. This tells me that we are in the early stages of a reversal, and it could be just too soon for us to see a clear movement in the daily chart.

Nevertheless, if you ask me, AAPL is heading to the 21 ema in the daily chart now. The weekly chart reinforces the idea of a reversal, as we just hit a bottom.



In the weekly chart, the situation changes, and the trend is still clearly bullish, and AAPL just did a pullback to the purple trend line, and right now, it is doing a Bullish Engulfing.

If it keeps looking like this, it’ll be a classic bullish sign, reinforced by the reactions we see in the 1h and D charts. Even if AAPL corrects when it gets near the 21 ema in the daily chart, it could be the opportunity for it to trigger higher a bull trend by doing higher highs/lows (as long as it doesn’t drop too much, below the $ 155).

I’ll keep you guys updated on this, so remember to follow me to keep in touch with my daily analyses!