Apple Inc AAPL Stock Analysis - 12/14/09

The following is technical analysis of Apple Inc. (AAPL) stock for December 14, 2009

Apple Inc. (AAPL) Support & Resistance Levels - 12/14/09

Resistance Levels: $196.37, $200, $208.71

Support Levels: $195, $188.68, $185, $177

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Apple Inc. (AAPL) closed back below the 50 day moving average ( $196.37 ) but is testing this level in pre market trading. The new resistance area has moved up to $199.70-$200. I think Apple could surge if we saw a close above that area. On the downside, pullbacks to $190 are attractive with a stop at $188.

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