Apple Inc. (AAPL) for Monday, 1/11/2016 (d-w-m)

Updated Sup & Res  1/14/2016.

Here is a brief, kick-the-tires, look at select fundamentals, support, resistance, pivot points, moving averages, technicals, et cetera, of Apple Inc. (AAPL) for Monday, 1/11/2016.   Apple Inc.’s price per share (pps) has been under pressure because of China and Mr. & Ms. Fickle Market’s interpretations (a.k.a. “sentiment”), or perhaps misinterpretations, of comments from one or more Apple Inc.  suppliers.

Apple Inc. (AAPL) Investor Relations

Primary Exchange NASDAQ-NMS
Index: Apple Inc. (AAPL) is in the    DJIA®   NASDAQ 100®  S&P 500®

 

AAPL 20150108

 I.  APPLE Inc. (AAPL)
(1)  Analysis of DAILY chart activity through Friday’s 1/8/2016 close at  $96.96
   The current trend is down and all orders on the short side may be considered.   The current market price activity is Strongly Bearish and suggests favorable trade opportunities on the short side.  If already holding short positions, look to take partial profits at  any retracement to 109.43. (Contrarian bullish) Traders with remaining short positions, after profit taking, should consider placing capital conserving stops in the region of 109.43. (Contrarian bullish) Be prepared for a potential short term price rally back to the 105.41  area.  (Contrarian bullish)
Suggested  placement of capital conserving stops…
If Long, exit all contracts at …     96.43
If Short, exit all contracts at …    112.25

(1.a) Additional Daily chart observations and analysis:

  •     Overall, the bias in prices is: Downwards.
  •     Short term: Prices are moving.
  •     Intermediate term: Prices are trending.
  •     Note: this chart shows extraordinary price action to the downside …

By the way, prices are vulnerable to a correction rally towards 110.76.  (Contrarian bullish)

  • — Relative strength is below 30 at an unsustainable 23.88
  • — MACD is at -3.89480
(1.b)  Projections for Monday ….
  • The  upper projected target is: 102.21.
  • The projected lower bound is: 91.01.
  • The projected closing price is: 96.61.
Please Note:  these price projections are for reference only, and can be easily exceeded by Mr. & Ms. Fickle Markets.
 (1.c) Moving averages
   to be added shortly
 AAPL 20150108w
(2)  Analysis of WEEKLY chart activity through Friday’s 1/8/2016 close at  $96.96
   The current trend is down and all orders on the short side may be considered.   The current market price activity is Strongly Bearish and suggests favorable trade opportunities on the short side.  If already holding short positions, look to take partial profits at  any AAPL retracement to 121.81. (Contrarian bullish)   Traders with remaining short positions, after profit taking, should consider placing capital conserving stops in the region of 123.82.  Be prepared for a potential short term price rally back to the 113.60  area.  (Contrarian bullish)
Suggested  placement of capital conserving stops…
If Long, exit all contracts at …     96.43
If Short, exit all contracts at …    123.82
AAPL 20150108m
(3) Analysis of MONTHLY chart activity through Friday’s 1/8/2016 close:  96.9600
  The current trend is up and all orders on the long side may be considered.  If already holding long positions, look to take partial profits on any retracement to 92.00.   Traders with remaining long positions after profit taking should consider placing capital conserving stops in the region of 92.00.   Be prepared for a potential short term price pull back to the 109.55  area.    (Contrarian bullish)
Suggested  placement of capital conserving stops…
If Long, exit all contracts at …     92.00
If Short, exit all contracts at …    134.54
  •                                —–
  II   Apple Inc. (AAPL) Pivot Point(s), Support,  and Resistance
(41) APPLE Inc. (AAPL) for Monday, 1/11/2016
  Closed 1/8 up @ 96.96
  •   :: Pivot point   97.61
  •   Support (s1) 96.11   Support (s2)  95.26
  •   Resistance (r1)  98.46   Resistance (r2)  99.96
  •   Simple Moving Average (Close 50):   113.65
  •   52 week performance -11.25%  YTD performance  -12.16%
(41.a) APPLE Inc. (AAPL) for Tuesday, 1/12/2016
  Closed 1/11 up @ 98.53
  •   :: Pivot point   98.31
  •   Support (s1) 97.56   Support (s2)  96.59
  •   Resistance (r1)  99.28   Resistance (r2)  100.03
  •   Simple Moving Average (Close 50):   113.24
  •   52 week performance -10.61%  YTD performance  -10.74%

 

(41.b) APPLE Inc. (AAPL) for Wednesday, 1/13/2016
  Closed 1/12 up @ 99.96
  •   :: Pivot point   99.83
  •   Support (s1)  98.97   Support (s2)  97.98
  •   Resistance (r1)  100.82   Resistance (r2)  101.68
  •   Simple Moving Average (Close 50):   112.83
  •   52 week performance -8.96%  YTD performance  -9.44%

 

(41.c) APPLE Inc. (AAPL) for Thursday, 1/14/2016
Closed 1/13 down @ 97.39
  •   :: Pivot point   98.63
  •   Support (s1)  96.06   Support (s2)  94.74
  •   Resistance (r1)  99.95   Resistance (r2)  102.52
  •   Simple Moving Average (Close 50):   112.39
  •   52 week performance -8.83%  YTD performance  -11.77%

 

——  Monday, 1/11/2016 thru Friday 1/15/2016  ——-

  •  ( x)   All Links can be opened in a new tab or new window …
  •  ( xi )  I will be returning and adding more related chart info including links to charts with  daily, weekly, and monthly chart analysis

 

Please read:

 (4)  Chesapeake Energy Corp (NYSE: CHK)
  [ Blogs ]

————–          ——————

 

  Here’s hoping the above Apple Inc. (AAPL) Chart, and Support and Resistance calculations help your investing and trading today …

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s