Today's Trade & BuySignals by author of 'Successful Stock Signals' in Stockcharts store
AAPL - 1 min Candlesticks, 700
AAPL - 5 min Candlesticks, 700
AAPL - Daily Candlesticks, 700
1/10 breakout to new high bullish, also bullish when it avoided a drop to the 50day
1/27 at a Demand peak, waiting for pullback to buy cheaper at 115-118
2/8 buyers still chasing price, I will wait for the pullback to fill the gap up,Samsung pop will end with S8 April., next pop for AAPL in Sept with iPhone8
2/24 long overdue pause in this move up. Buyers thinking about that Samsung announcement of S8. Value buyers will not overpay for AAPL as index buying takes it too high vs consensus 12 mo target of 140. Mean reversion kicks in.
3/12 signals turn down to test support
3/23 signals turn Dow,n
AAPL - Monthly Candlesticks, 700
AAPL - Weekly Candlesticks, 700
3/16 overbought, waiting for mean reversion to kick in and for the signals to turn down triggering short trade.
AAPL, Apple Inc.
1/25 demand peaking before earnings, overbought. expect pullback with Feb 1 earnings. SID buy signal grade at 64, high implied return off 22% based on analyst targets, but short term overbought, yesterdays analyst downgrade and 117 target indicates the problem, consensus 12 mo. target of 133 is a brick wall that will stop the move up.
2/14 passing SID grade of 75 but we cannot put in model portfolio because Implied return dropped to 4.6% below our 10% hurdle rate. Buffett increased position to 57 million shares
3/1 demand has peaked and turned down, but the market is taking it up today
3/10 sharp drop in Demand toD6
3/18 value players will shun at these prices and the low implied return despite analysts raising targets
AAPL, Apple, Inc. (AAPL)
1/10/17 all our buy signals in place, waiting for Demand to drop to buy on weakness
1/27 at demand peak, waiting for pullback to 115-118
2/8 implied returns fails below our 10% red line hurdle rate. Price is too high.
2/17 My guess is Buffett and others will stop buying at these prices and wait for a pullback
2/26 Demand peaks and starts dropping, doji reversal, first signals that buyers are exhausted
3/7 Doji forming lets see if this is a reversal after a 20 week move up, Samsung 8 in the wings
3/10 Demand is dropping
3/16 negative implied return stops value players like Buffett from buying at these prices. Only Index buying is keeping price up and when the Index drops this will drop. Also I think Samsung S8 announcement will take AAPL price down.
AMZN - Daily Candlesticks, 700
2/17 high volume gap down sell signal was just filled by rising demand taking price up again, uptrends on the chart look good at demand peak but what will happen in a supply peak? That is the key. Marginal implied return and SID grade nixes it for us
2/24 going down to test support'& relative strength failing
3/7 Demand is dropping, Bezo out in space, time to short
3/23 Demand switches to Supply taking price down, SID grade drops frpassing to failing, Implied return drops below red line
FB - Default Style
12/29 at 116, death cross on the horizon as 50day x 200, trying to retest the bottom at 114
1/10 looking for price to retest 50cday death cross
2/17 looks like resistance at previous high has stopped FB for the time being, signals turn down
FBDaily Candlesticks, 700
1/5/17 another test of the 50day downtrend and 123 price resistance
1/10/17 bounce tries to correct death cross sell signal
2/13 enormous breakout above the death cross &a earnings boost to old high. We will wait for the pullback to 130 or 124 support to buy on weakness.Passing SID grade of 67 & Implied Returnof 28.5%.
2/24 relative strength weakening, looking for Demand to drop from 2 month long peak
3/7 buy signals waiting for 'buy on weakness' signal
3/10 Demand peaking at D8