Apple Inc. (AAPL) Support & Resistance Levels - 1/6/10
Resistance Levels: $215, $220
Support Levels: $208, $202, $200
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Apple Inc. (AAPL) recently closed above the previous resistance between $208-$208.71. This caused more buying to occur and the stock is now testing $215. A close above $215 would set up a run toward $220 but in the short term, I think Apple is a little overbought heading into earnings. Apple will have to report solid guidance to sustain this price and advance the stock further. I expect a solid second half of 2010 for Apple. I'd be a buyer of pullbacks under $200.
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