The following is technical analysis of Apple Inc. (AAPL) stock for January 21, 2010
Apple Inc. (AAPL) Support & Resistance Levels - 1/21/10
Resistance Levels: $215.59, $220
Support Levels: $204, $202.22, $200, $197.50
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Apple Inc. (AAPL) stock was down Wednesday because of the stock market sell off. The stock is retesting the 10 day moving average located at $210.37. Before earnings, I see downside very limited to $204 which was the low last week. If the stock market can rally, I think we could see Apple retest the $215.59 high from three weeks ago. Pullbacks below $200 are a strong buy in my book.
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