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Old 12-20-2015, 11:36 PM   Nav to Top  #1
Vicorka
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If you take a look at the AAPL (see chart #1 below), you will see that as of now the APPL is about at the same level ($105.90) it was on August 20 of 2015 ($106.05) a day before it crashed to $92 which is 31.6% from the highest high ($134.53) seen on April 28 of 2015.

Chart #1: AAPL stock chart as of 12/18/2015. 1 bar = 1 day.



Now, if you compare August 21 (see chart #2) and December 18 (chart #3) intraday trading sessions, you will see that they are quite similar. On both of the charts the AAPL declined and on both charts we see increase in volume which could be considered as some panic.

Chart #2: AAPL stock chart as of 05/20/2015. 1 bar = 2 minutes.



Chart #3: AAPL stock chart as of 12/18/2015. 1 bar = 2 minutes.


Charts courtesy of IIS 8.5 Detailed Error - 404.0 - HTTP Error 404.0 - Not Found

From one side the trends on the AAPL on 8/21/2015 and on 12/18/2015 are similar (see charts #2 and #3 above), from another side, by looking at the chart #1, you will see that volume on 8/21/2015 was much higher than on 12/19/2015 (126 M shares versus 86 M shares). On 8/20/2015 we had more traders who was selling in panic. However, we always have to remember that volume is 2-side transaction and for each seller we have a buyer. High volume surge surge on 8/21/2015 also mean bullish traders attracted by low AAPL price started to buy. On the next trading session (8/24/2015) the AAPL slid strongly and we had even stronger volume surge which suggest that bigger number of bullish traders started to buy AAPL ($90-100 for AAPL stock looked very attractive) from the Bearish traders. These bullish traders were stronger then the bearish traders and they pushed the Apple up.

On this Friday (12/18/2015) we had the AAPL at the same level it was on 8/21/2015, yet on much lower volume.

Price declines because there is more bearish traders willing to sell at lower price. Smaller volume means smaller number of bullish traders are jumping to buy from the Bears. The AAPL does not look any more as attractive as it was in August of 2015. If on Monday the AAPL continues to decline, we may not see a bounce as we saw on August 24 of 2015 simply because now there is smaller number of the Bulls than it was in August.
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Old 12-21-2015, 07:05 AM   Nav to Top  #2
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FWIW, virtually the entire market crashed on Thursday and Friday, and it wasn"t just AAPL. The combination of expiring options, oil prices falling further to lows in the mid $30's, concern the Fed made a wrong decision, and end of year machinations by fund managers to close books without booking huge losses. Look at DIS, breaking all time box office records with Star Wars VII, languishing at surprising lows. AAPL pundits all over Seeking Alpha are opining "what's wrong" ad nauseum; silly in my opinion. While I don't believe Uncle Carl's target of $240, my due diligence suggests something around $130 to $140. The AAPL-Foxconn relationship may change as China continues to play with the yuan manipulation as the yuan enters the basket of currencies later in 2016. For long term investors, the current AAPL price levels are just a buying opportunity for dollar cost averaging or buying on dips. YMMV.
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Old 12-21-2015, 02:36 PM   Nav to Top  #3
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I would not buy Apple until I see the volume surge which would be at least equivalent to the one we had at the end of August of 2015 - and it at least 160 M shares a day.

Big volume surge would indicate that big number of traders (including institutional who trade in big volumes) are attracted by low stock price jumping into the game by buying from the Bearish traders. Only then the Bulls will have the enough power to beat the Bears and reverse the trend. Until then we will have small bounces but general trend will be down.
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Old 03-19-2018, 07:37 AM   Nav to Top  #4
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$AAPL is designing and producing its own device displays with MicroLED screens. Will it affect $OLED?
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Old 03-27-2018, 03:22 AM   Nav to Top  #5
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$AAPL the leading gainer of #DOW30. Check the other tech and analyze their performance https://goo.gl/4M6Rji
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