The following is technical analysis of Apple Inc. (AAPL) stock for February 12, 2010
Apple Inc. (AAPL) Support & Resistance Levels - 2/12/10
Resistance Levels: $200, $211, $214, $215.59
Support Levels: $195, $190, $188.68, $185
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Apple Inc. (AAPL) is trading around $198.30 in pre market this morning as Needham raised their price target to $280. Apple closed above the 10 day moving average on Thursday which is very bullish for the short term. Support should now be around $195 with resistance located at $200. I plan to add to my long position when Apple closes back above $200.
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