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Thursday, March 18, 2010

Apple Inc AAPL Stock Analysis - 3/18/10

The following is technical analysis of Apple Inc. (AAPL) stock for March 18, 2010
Apple Inc. (AAPL) Support & Resistance Levels - 3/18/10

Resistance Levels: $230, $235

Support Levels: $220, $215.59



Apple Inc (AAPL) continues to trade above the 10 day moving average located at $222.11 but fail at the recent 52 week high. Apple stock was strong Wednesday morning but then fell apart during the afternoon and closed near the lows. Resistance continues to be located at $227.73 as well as between $230-$235. Apple Inc has support at $220 & $215. I would be a buyer of any correction below $220.
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