Apple AAPL Technical Data

October 27, 2021, 20:30 pm ET, BY Tyler- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

This report was produced using AI developed by Stock Traders Daily.  Over the past 20 years this proprietary AI has been refined to help identify the most opportune trading strategies for both individual stocks and the stock markets themselves.  This methodology is also applied to Index options, ETFs, and futures.  The objective of this specific report is to optimize trading in Apple (NASDAQ: AAPL) while incorporating prudent risk controls.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for AAPL change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if AAPL is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for AAPL too.  All of these are offered below the Summary Table.

Longer Term Trading Plans for AAPL

• Buy AAPL slightly over 146.99 target 155.86 stop loss @ 146.57 Details

The technical summary data tells us to buy AAPL near 146.99 with an upside target of 155.86. This data also tells us to set a stop loss @ 146.57 to protect against excessive loss in case the stock begins to move against the trade. 146.99 is the first level of support below 148.85 , and by rule, any test of support is a buy signal. In this case, support 146.99 is being tested, a buy signal would exist.

• Short AAPL under 155.86, target 146.99, stop loss @ 156.31 Details

The technical summary data is suggesting a short of AAPL as it gets near 155.86 with a downside target of 146.99. We should have a stop loss in place at 156.31though. 155.86 is the first level of resistance above 148.85, and by rule, any test of resistance is a short signal. In this case, if resistance 155.86 is being tested, a short signal would exist.

Swing Trading Plans for AAPL

• Buy AAPL slightly over 149.04, target 152.61, Stop Loss @ 148.61 Details

If 149.04 begins to break higher, the technical summary data tells us to buy AAPL just slightly over 149.04, with an upside target of 152.61. The data also tells us to set a stop loss @ 148.61 in case the stock turns against the trade. 149.04 is the first level of resistance above 148.85, and by rule, any break above resistance is a buy signal. In this case, 149.04, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short AAPL near 149.04, target 146.99, Stop Loss @ 149.47. Details

The technical summary data is suggesting a short of AAPL if it tests 149.04 with a downside target of 146.99. We should have a stop loss in place at 149.47 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 149.04, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for AAPL

• Buy AAPL slightly over 149.04, target 149.82, Stop Loss @ 148.69 Details

If 149.04 begins to break higher, the technical summary data tells us to buy AAPL just slightly over 149.04, with an upside target of 149.82. The data also tells us to set a stop loss @ 148.69 in case the stock turns against the trade. 149.04 is the first level of resistance above 148.85, and by rule, any break above resistance is a buy signal. In this case, 149.04, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short AAPL near 149.04, target 148.62, Stop Loss @ 149.39. Details

The technical summary data is suggesting a short of AAPL if it tests 149.04 with a downside target of 148.62. We should have a stop loss in place at 149.39 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 149.04, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

AAPL Ratings for October 27:

Term →	Near	Mid	Long
Rating	Strong	Strong	Strong
P1	0	0	138.64
P2	148.62	149.04	146.99
P3	149.82	152.61	155.86

Support and Resistance Plot Chart for AAPL

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