The following is technical analysis of Apple Inc. (AAPL) stock for February 22, 2010
Apple Inc. (AAPL) Support & Resistance Levels - 2/22/10
Resistance Levels: $205, $211, $214, $215.59
Support Levels: $200, $190, $188.68, $185
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Apple Inc. (AAPL) saw some selling pressure late in the day on Friday which helped it close below the 50 day moving average. Resistance on the upside is located between $204.31-$205 while support is located at $200. I added to my long position last week and will do so again if Apple can closed back above $205. I will also keep a tight stop at the 10 day moving average.
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