Apple Inc. (NASDAQ:AAPL) Voip-Pal’s Lawsuits vs. Apple

Apple Inc. (NASDAQ:AAPL) Voip-Pal’s Lawsuits vs. Apple

Apple Inc. (NASDAQ:AAPL) Voip-Pal’s Lawsuits vs. Apple Inc. (“Voip-Pal”, “Company”) (OTCQB:VPLM) is pleased to provide an update on its recent activities and its international patent portfolio:

  • Voip-Pal’s Lawsuits vs. Apple.  Voip-Pal’s first lawsuit against Apple, asserting U.S. Patent Nos. 8,542,815 and 9,179,005, remains subject to a stay, however, Voip-Pal has requested a conference with the presiding judge regarding the parties’ request to lift the stay. The Company hopes to have the stay lifted shortly. Voip-Pal also recently filed a second lawsuit against Apple, and has served process in this lawsuit asserting U.S. Patent Nos. 9,537,762, 9,813,330, 9,826,002 and 9,948,549. Apple has not responded yet to Voip-Pal’s latest complaint thus this case remains pending.

Overall, the bias in prices is: Sideways.

The projected upper bound is: 189.57.

The projected lower bound is: 175.07.

The projected closing price is: 182.32.


A black body occurred (because prices closed lower than they opened).
During the past 10 bars, there have been 4 white candles and 6 black candles for a net of 2 black candles. During the past 50 bars, there have been 26 white candles and 24 black candles for a net of 2 white candles.

Three black candles occurred in the last three days. Although these candles were not big enough to create three black crows, the steady downward pattern is bearish.

Momentum Indicators

Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

Stochastic Oscillator

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 24.4777. This is not an overbought or oversold reading. The last signal was a sell 10 period(s) ago.

Relative Strength Index (RSI)

The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 36.41. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a sell 12 period(s) ago.

Commodity Channel Index (CCI)

The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is -150.This is an oversold reading. However, a signal isn’t generated until the indicator crosses above -100. The last signal was a sell 11 period(s) ago.


The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a sell 10 period(s) ago.

Rex Takasugi – TD Profile

APPLE INC closed down -2.750 at 182.170. Volume was 2% above average (neutral) and Bollinger Bands were 37% narrower than normal.

Open High Low Close Volume___
183.400 184.920 180.730 182.170 31,663,096

Technical Outlook
Short Term: Neutral
Intermediate Term: Bearish
Long Term: Bullish

Moving Averages: 10-period 50-period 200-period
Close: 187.61 183.15 172.04
Volatility: 14 26 26
Volume: 27,914,620 28,650,348 31,265,888

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.


APPLE INC is currently 5.9% above its 200-period moving average and is in an downward trend. Volatility is extremely high when compared to the average volatility over the last 10 periods. There is a good possibility that volatility will decrease and prices will stabilize in the near term. Our volume indicators reflect moderate flows of volume out of AAPL.O (mildly bearish). Our trend forecasting oscillators are currently bearish on AAPL.O and have had this outlook for the last 4 periods.

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