The following is technical analysis of Apple Inc. (AAPL) stock for January 28, 2010Apple Inc. (AAPL) Support & Resistance Levels - 1/28/10
Resistance Levels: $214, $215.59, $220
Support Levels: $200, $197, $193.50, $189
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Apple Inc. (AAPL) tested the $200 level on Wednesday after the IPAD announcement which held. Pullbacks between $197.50 - $200 now become a solid buy as long as you keep your stop loss at around $196.99 if you are a daytrader. There is some slight weakness in pre market today but I ultimately think we will see another retest of the $214-$215.59 resistance zone in the coming weeks. I bought the Apple dip yesterday and am now a shareholder. I will add to my position below $200.
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