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Monday, February 8, 2010

Apple Inc AAPL Stock Analysis - 2/8/10

The following is technical analysis of Apple Inc. (AAPL) stock for February 8, 2010

Apple Inc. (AAPL) Support & Resistance Levels - 2/8/10

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

Support Levels: $190, $188.68, $185

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Apple Inc. (AAPL) is trading around $195.20 in pre market today after a huge reversal higher on Friday afternoon. Resistance continues to be located at $198.56 which is the 10 day moving average as well as $200. A close above $200 would be bullish and I'd add to my long position. On the downside, $190 has been very solid support and a great area to buy. A break below $190 at any time would be very bearish.
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