Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. It also sells various related services. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, HomePod, iPod touch, and other Apple-branded and third-party accessories. It also provides AppleCare support services; cloud services store services; and operates various platforms, including the App Store, that allow customers to discover and download applications and digital content, such as books, music, video, games, and podcasts. In addition, the company offers various services, such as Apple Arcade, a game subscription service; Apple Music, which offers users a curated listening experience with on-demand radio stations; Apple News+, a subscription news and magazine service; Apple TV+, which offers exclusive original content; Apple Card, a co-branded credit card; and Apple Pay, a cashless payment service, as well as licenses its intellectual property. The company serves consumers, and small and mid-sized businesses; and the education, enterprise, and government markets. It sells and delivers third-party applications for its products through the App Store. The company also sells its products through its retail and online stores, and direct sales force; and third-party cellular network carriers, wholesalers, retailers, and resellers. Apple Inc. was founded in 1977 and is headquartered in Cupertino, California.
Our Global Algorithmic Trading Software (GATS) #5 indicates the following for Apple Inc. (AAPL)
The Long Term Trend (LTT) is currently Bearish
The Medium Term Trend (MTT) is currently Bullish
The Short Term Trend (STT) is currently Bullish
The Micro Trend (MT) is currently Bullish
We are bullish on Apple Inc. (AAPL) in the short to medium term. Hence we will attempt a bullish trade based on the current short-term and medium-term bullish signal with potential trade entry signal as follows:
Global Potential Trade Entry Signal #1 : $148.58
Global Minimum Catastrophe Hard Stop Loss GAP: $17.6337
Global Maximum Catastrophe Hard Stop Loss GAP: $29.3895
Global Minimum Catastrophe Trailing Stop: $130.9463
Global Maximum Catastrophe Trailing Stop: $119.24105
Global Minimum Profit Target: $201.4811
Global Maximum Profit Target: $236.7485
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