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Monday, January 25, 2010

Apple Inc AAPL Stock Analysis - 1/25/10

The following is technical analysis of Apple Inc. (AAPL) stock for January 25, 2010

Apple Inc. (AAPL) Support & Resistance Levels - 1/25/10

Resistance Levels: $204, $215.59, $220

Support Levels: $197.50, $197, $193.50, $189



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Apple Inc. (AAPL) plunged below the 50 day moving average Friday but is back above $200 in pre market ahead of earnings. Keep an eye on $203.26 which is the 50 day moving average, a close back above this level would be bullish. A close above $216 at any time would also be bullish. If we see a further correction in Apple shares, I'd be willing to buy below $190.

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