The following is technical analysis of Apple Inc. (AAPL) stock for January 26, 2010
Apple Inc. (AAPL) Support & Resistance Levels - 1/26/10
Resistance Levels: $207.50, $214, $215.59, $220
Support Levels: $202.50, $197, $193.50, $189
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Apple Inc. (AAPL) hit resistance yesterday between $214-$215 after posting better then expected earnings. The rally yesterday was more because of today's Apple Event. Apple has closed four straight days below the 10 day moving average but remains over the 50 day. At this point, the stock could go either way. Resistance is now located between $214-$215.59 but if Apple does close above $215.59, a new break out should occur.
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