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Tuesday, November 3, 2009

Apple AAPL Stock Technical Analysis - 11/3/09

The following is technical analysis of Apple Inc. (AAPL) stock for November 3, 2009.

Apple Inc. (AAPL) Support & Resistance Levels - 11/3/09

Resistance Levels: $197, $200, $208.71

Support Levels: $185, $183.96, $180


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Apple Inc. (AAPL) continues to hold $185 on this latest pullback which is bullish. The 50 day moving average is also near $184. Watch these two levels closely, a close below them would be very bearish for the short term. Since the spring break out, AAPL has remained above the 50 day moving average at all times. I plan to buy the stock when it closes back over the 10 day MA. For More Technical Analysis - Go Here

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