The following is technical analysis of Apple ( AAPL ) stock for March 30, 2009.AAPL Support & Resistance Levels - 3/30/09
Resistance Levels: $110, $112.19
Support Levels: $103.73, $100, $95, $93.68
http://stockcharts.com - Chart
Apple recently broke out of a trading range between $80-$103 and topped out at $109.98. A break above this level will take aapl back to the major resistance area between $112-$117. AAPL stock will have problems in that area. The fact that Apple broke out of the previous resistance level ( 103.60 ) tells me that pullbacks under $100 will now be bought heavily. I think Apple will see retests of the 50 day moving average but the stock market would really have to roll over for Apple to see the $80's again. The new trading range should be between $95-$115 for Apple stock. For More Technical Analysis - Go Here
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