apple stock quote nasdaq

good morning, everyone! stephen whiteside here of the uptrend.com with our 200:00:04,400 --> 00:00:08,800look at the nasdaq top 10 volume leaders from tuesday's trading action. 300:00:08,800 --> 00:00:18,666 400:00:18,666 --> 00:00:23,532well, the markets have opened this morning and things are fairly quiet. today is a fed day 500:00:23,533 --> 00:00:28,399and so we're expecting volatility to expand after 2:00 pm this afternoon. 600:00:28,400 --> 00:00:28,833 700:00:28,833 --> 00:00:36,033let us start out this morning's presentation taking a look at the nasdaq 100 etf or the qqq's. it has already been able to trade 800:00:36,033 --> 00:00:43,266through one early warning signal up there. we are still in the flypaper channels, we’re still stuck in resistance 900:00:43,266 --> 00:00:50,699and we are stuck at the moving average convergence and if you look back to last year you can see that the we had to take two runs 1000:00:50,700 --> 00:00:58,166before we were able to break through the convergence and so right now we're stuck at the 200-day moving average 1100:00:58,166 --> 00:01:02,532and at our mathematical resistance of 106.25. 1200:01:02,533 --> 00:01:07,899if we can break out above monday's high, then look for move up to 109.38. if we get 1300:01:07,900 --> 00:01:13,300up in that area then of course this open gap here comes into play. 1400:01:13,300 --> 00:01:19,800looking down on wednesday, we need to close below 104.32 to generate a sell signal 1500:01:19,800 --> 00:01:26,333and that depending on what happens this afternoon with the fed that could possibly happen today. 1600:01:26,333 --> 00:01:26,366next up, let's take a look at our 10 most actively traded stocks from tuesday's trading action. i’m gonna sort this list from strongest to weakest; 1700:01:26,366 --> 00:01:26,399we’re not looking for any buying opportunities here. we have a bunch of stocks that are currently overbought and then we have some stocks that were overbought that are currently moving down 1800:01:26,400 --> 00:01:45,133 1900:01:45,133 --> 00:01:50,999and we have one stock that's been in the downtrend for a while and has fallen through the bottom of our projected trading range and 2000:01:51,000 --> 00:01:54,933so we’ll start with apple computer as our first stock this morning. 2100:01:54,933 --> 00:01:55,766 2200:01:55,766 --> 00:02:00,799looking at apple computers, so far we've been able to trade through one early warning signal; 2300:02:00,800 --> 00:02:05,833still projecting higher prices here up to the 110 area on this chart. 2400:02:05,833 --> 00:02:13,933if you look at our price target chart, we’re moving up to the 106.25 level. if we can break through that and there is a lot of resistance here 2500:02:13,933 --> 00:02:19,366at 106.25, then 112.50 is our next mathematical target; 2600:02:19,366 --> 00:02:23,399but to get there, we’ve got to break out above the top of the flypaper channel and we'd have 2700:02:23,400 --> 00:02:27,466to break out above the 200-day moving average. 2800:02:27,466 --> 00:02:35,799currently, we’re stuck at the 100-day moving average and hoping to break away from it. on the downside, on wednesday we need to 2900:02:35,800 --> 00:02:41,400close below $100.32 to give us a new sell signal for apple computer. 3000:02:41,400 --> 00:02:49,866our next stock this warning is facebook and facebook ran down and filled an open gap in january and then has been trying to move 3100:02:49,866 --> 00:02:58,332back up to the january highs. we’ve traded through one early warning signal so far, we are projecting up to the 115 area on this chart. 3200:02:58,333 --> 00:03:05,133unlike a lot of other stocks you're looking at right now, we are looking for the moving averages to actually act as support and 3300:03:05,133 --> 00:03:09,699you can see that the 200-day moving average has been a great place for people to 3400:03:09,700 --> 00:03:14,266pick up their stocks so just keep that in mind next time 3500:03:14,266 --> 00:03:22,832we've got facebook moving lower. if we can hold the 200-day, that would be another great opportunity to buy the stock. looking at price 3600:03:22,833 --> 00:03:28,566targets, we’re looking for a move up to 112.50 – that’s our next mathematical target. 3700:03:28,566 --> 00:03:36,332you can see back in january we peaked above that and got as high as 117.59. so mathematically, it's 118.75. couldn’t make it there in 3800:03:36,333 --> 00:03:41,533january so just to keep an eye on those two numbers 3900:03:41,533 --> 00:03:47,833if we can break out above the 112.50 level. we’re currently on a buy signal; we’ve been on a buy signal for the last 4000:03:47,833 --> 00:03:54,133couple of days. a close below 106.73 would give us a sell signal on wednesday. 4100:03:54,133 --> 00:03:58,833our next stock this morning is cisco and cisco had an early warning signal – didn't do a 4200:03:58,833 --> 00:04:03,566lot to it. we’re still projecting higher prices up to the $28.00 level; 4300:04:03,566 --> 00:04:12,599we're almost there now; had a high of 27.69 yesterday; 28.13 is our next the mathematical target to the outside. if we look 4400:04:12,600 --> 00:04:18,666back at the weekly chart, 28.13 is our next weekly target as well. 4500:04:18,666 --> 00:04:27,699you can see there's a lot of resistance overhead and back in october we got as high as 29.49, 4600:04:27,700 --> 00:04:36,133so just keep an eye on that if we can break through 28.13 then there's a pretty good chance we'll take a run at the october high. on the 4700:04:36,133 --> 00:04:41,766downside, on wednesday a close below 26.91 would give us a sell signal for cisco. 4800:04:41,766 --> 00:04:42,532 4900:04:42,533 --> 00:04:49,666our next stock this morning is sirius and we have had an early warning signal and a bearish reversal day. we have not had a 5000:04:49,666 --> 00:04:54,432lot of downward pressure since those two events happened. notice that we have not 5100:04:54,433 --> 00:04:59,233taken out the bearish reversal day high so that signal is still in play. 5200:04:59,233 --> 00:05:06,299the pros are still in control; doesn’t look like they wanna give up control right now. still having trouble at 3.91; if we can 5300:05:06,300 --> 00:05:11,033take out last week's high then 4.10 would be our next target to the upside. 5400:05:11,033 --> 00:05:17,133on the downside, on wednesday we need to close below $3.82 to give us a new sell signal. 5500:05:17,133 --> 00:05:17,566 5600:05:17,566 --> 00:05:24,166our next stock this morning is microsoft and if you look to the right here, we’re still projecting up to $56.00 level 5700:05:24,166 --> 00:05:30,566and that would take us back up to the december highs. notice that after we gapped, we basically haven't been able to move anywhere 5800:05:30,566 --> 00:05:36,966in the past six months and for some people that would be a good thing if they can look back and see that their stock hasn’t moved in the 5900:05:36,966 --> 00:05:41,232past six months, but really, there hasn’t been a lot of love for this stock. 6000:05:41,233 --> 00:05:46,399notice we made a low here, then a lower low, we made a lower high, and now we’re gonna see if we can 6100:05:46,400 --> 00:05:51,566take out that high to reverse the downward pressure that we've seen on microsoft. 6200:05:51,566 --> 00:05:55,866it's been pretty sloppy trading for the past couple of weeks; we’re currently on a buy signal that 6300:05:55,866 --> 00:06:00,199would change on wednesday with a close below 51.63. 6400:06:00,200 --> 00:06:05,466the pros are still in control – but barely. so you know… the first chart that we looked at, the fact we 6500:06:05,466 --> 00:06:10,766haven't moved in six months, tells you a lot about how the market feels about the stock. 6600:06:10,766 --> 00:06:19,46653.13 we’re trying to break away from that level; if we can, then the january high comes into play up at 55.39 with a stop at this open gap. 6700:06:19,466 --> 00:06:28,199and then if we can take that out, then of course, a move up to 56.25 would fit in with our (panics) on target. 6800:06:28,200 --> 00:06:33,866next up we’re looking at the intel and intel’s had an early warning signal with no major pullback. 6900:06:33,866 --> 00:06:40,16632.03 and then 32.81 are the next targets to the upside. on the downside of course, we've 7000:06:40,166 --> 00:06:46,466got the fact that we’re overbought at the moment; we're up at the top of the range here, 7100:06:46,466 --> 00:06:53,399stuck in the flypaper channels, so this is the time and place where you start to look lower. and on wednesday, we need to 7200:06:53,400 --> 00:06:58,066close below 30.52 to give us a new sell signal for intel. 7300:06:58,066 --> 00:07:03,399next up we’re looking at advanced micro devices and we had quite a pullback last week 7400:07:03,400 --> 00:07:08,766and then a reversal, and ran up to resistance at 2.73. 2.73 7500:07:08,766 --> 00:07:17,166is not only a daily target but a weekly target, and if we go back to the daily chart, you can see we ran down to 2.15 and reversed lot of support 7600:07:17,166 --> 00:07:22,766down at that level and wouldn't be surprised if we tried to hit it again this week. 7700:07:22,766 --> 00:07:29,466if we look at the daily right side chart, we need to close below 2.26 on wednesday to give us a new sell signal. 7800:07:29,466 --> 00:07:29,932 7900:07:29,933 --> 00:07:37,333our next stock this morning is frontier communication; couple of early warning signals up there through the top of the panic zones. i’ve 8000:07:37,333 --> 00:07:42,299seen a pullback, we’re projecting down to just about 4.20 at the moment. 8100:07:42,300 --> 00:07:49,166if we look at who’s in control, you can see the pros are still in control – not that close to giving up control at the moment. 8200:07:49,166 --> 00:07:53,999if you look two lines down, you can see 4.88, and if you look back here, you can see that was an 8300:07:54,000 --> 00:07:58,866area of resistance and of course what was resistance on the way up 8400:07:58,866 --> 00:08:03,966can become support on the way down. looking at a weekly chart, we’re trying to break through 5.47 8500:08:03,966 --> 00:08:09,099for the last couple weeks; we certainly traded above it but couldn't hold those levels. 8600:08:09,100 --> 00:08:16,233if we could take out this last week’s high or the previous week's high, then 6.25 would certainly come into play. 8700:08:16,233 --> 00:08:23,733looking up on wednesday, we need to close above 5.44 to give us a new buy signal for frontier communications. 8800:08:23,733 --> 00:08:30,666next up we’re looking at groupon and groupon’s come off the top of the panic zones, heading lower or projecting down to 2.50 level. you'll notice 8900:08:30,666 --> 00:08:35,299that the pros are almost ready to give up control. 9000:08:35,300 --> 00:08:42,066we’ve got a couple of open gaps down there that could act as targets in areas or potential areas of support – 9100:08:42,066 --> 00:08:45,932 we’ll have to see if those hold. two lines down from here takes us down the 3.13 right into the 9200:08:45,933 --> 00:08:49,799middle the gap and you can see there's a lot of 9300:08:49,800 --> 00:08:57,633resistance over here at the 3.13 level so just be aware of that. looking up on wednesday, a close above 4.50 would give 9400:08:57,633 --> 00:09:05,499us a buy signal and to get to there you’d have to break through an open gap which i don’t think is gonna happen on wednesday. 9500:09:05,500 --> 00:09:13,333our last stock this morning is endo. and just a couple things: you know it's been trading on the flypaper channel for quite a while, it's 9600:09:13,333 --> 00:09:21,166been trading under the moving averages, and the traders have used the 50-day moving averages as a place to sell the stock, so really not a lot of love 9700:09:21,166 --> 00:09:26,432here. we've broken through both our daily and weekly price targets at 37.50; 9800:09:26,433 --> 00:09:33,29931.25 and then $25.00 are the next targets to the downside for this stock. 9900:09:33,300 --> 00:09:37,766you can see the pros gave up control at the end of december and there hasn’t been a lot of love for 10000:09:37,766 --> 00:09:42,232this stock in a long time and so those are the types of stocks 10100:09:42,233 --> 00:09:46,066that drop through the bottom of the projected trading range. 10200:09:46,066 --> 00:09:49,999ok folks, that is all for this morning's presentation. look for fairly quiet day until the 10300:09:50,000 --> 00:09:53,966fed minutes come out this afternoon at 2:00 pm 10400:09:53,966 --> 00:09:56,899and then look for volatility to expand. 10500:09:56,900 --> 00:09:59,900have a great day and will talk to you again 10600:09:59,900 --> 00:10:14,166 10700:10:14,166 --> 00:10:28,899soon.

apple stock quote nasdaq 2017-06-01T15:07:00-07:00 Rating: 4.5 Diposkan Oleh: PaduWaras