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Wednesday, March 17, 2010

Apple Inc AAPL Stock Analysis - 3/17/10

The following is technical analysis of Apple Inc. (AAPL) stock for March 17, 2010

Apple Inc. (AAPL) Support & Resistance Levels - 3/17/10

Resistance Levels: $230, $235

Support Levels: $220, $215.59


Apple Inc (AAPL) is indicated to open at $225 again today in pre market. Apple recently hit a new 52 week high located at $227.73 which now becomes minor resistance on the upside. After this level, Apple has resistance located between $230-$235. Support on the downside is located at the 10 day moving average and $220. I will be adding to my long position if the stock falls below $220.
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