Apple Inc AAPL Stock Analysis - 12/3/09

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

Apple Inc. (AAPL) Support & Resistance Levels - 12/3/09

Resistance Levels: $201.46, $206, $208, $208.71

Support Levels: $195, $185

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Apple Inc. (AAPL) is pulling back to the 50 day which is common, the stock is set to open today at $197.50. I would be concerned on a close below $195 which would bring in more selling pressure. Resistance is located at $201.46 which is the 10 day moving average. A close back over the 10 day would set up a retest of the highs.

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