The following is technical analysis of Apple Inc. (AAPL) stock for February 10, 2010
Apple Inc. (AAPL) Support & Resistance Levels - 2/10/10
Resistance Levels: $200, $211, $214, $215.59
Support Levels: $190, $188.68, $185
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Apple Inc. (AAPL) continues to trade below the 10 day moving average but hold support at $190. A close above the 10 day moving average would be a step in the right direction but I still won't add to my long position until I see a close back above $200. Apple is in sideways mode right now and if the stock were to break out and close above $215, I think we could easily see a move toward $230-$240. On the flip side, If Apple breaks down through $190 I would be a buyer of the stock in the low $180's.
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