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Friday, February 5, 2010

Apple Inc AAPL Stock Analysis - 2/5/10

The following is technical analysis of Apple Inc. (AAPL) stock for February 5, 2010

Apple Inc. (AAPL) Support & Resistance Levels - 2/5/10

Resistance Levels: $200, $211, $214, $215.59

Support Levels: $190, $188.68, $185

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Apple Inc. (AAPL) is trading around $193 in pre market after the jobs data was released. The stock held $190 in pre market which is bullish but we have a long day ahead of us. Resistance continues to be located at the 10 day moving average which will be around $197 when the stock opens today. I plan to add to my long position when Apple closes back above this level using a stop loss order at $190.

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