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Tuesday, March 23, 2010

Apple Inc AAPL Stock Analysis - 3/23/10

The following is technical analysis of Apple Inc. (AAPL) stock for March 23, 2010

Apple Inc. (AAPL) Support & Resistance Levels - 3/23/10

Resistance Levels: $227.73, $230, $235

Support Levels: $220, $215.59



Apple Inc (AAPL) closed back above the 10 day moving average on Monday which is technically bullish going forward. Apple Inc now has resistance located at $226 & $227.73, if the stock closes above these two levels, I think it could go to atleast $235. On the downside, if we see a pullback below $220 support, I will be adding to my long position.
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