The following is technical analysis of Apple Inc. (AAPL) stock for March 12, 2010
Apple Inc. (AAPL) Support & Resistance Levels - 3/12/10
Resistance Levels: $230, $235
Support Levels: $220, $215.59, $204.70, $200
Apple Inc (AAPL) stock is trading at $226.50 so far in pre market. The next major resistance level is located at $230 followed by $235. Apple will start shipping the iPad in April which will cause more excitement for the stock. From this point forward, any pullback to the 50 day moving average is a strong buy. Apple Inc is breaking out of a 5 month long trading range and I don't expect the stock to fall below $200 again.
For more Technical Analysis - Go Here
Today's Biggest Stock Market Gainers - Top 2010 Stock Gainers - Top 2010 Penny Stocks - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Stocks for 2010
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free