The following is technical analysis of Apple Inc. (AAPL) stock for March 29, 2010
Apple Inc. (AAPL) Support & Resistance Levels - 3/29/10
Resistance Levels: $230, $235-$240
Support Levels: $225, $220, $215.59
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Apple Inc (AAPL) is currently trading at $233.50 in pre market this morning. The stock made another 52 week high on Friday as the stock continues to bounce off the 10 day moving average. I am no longer in the stock as a 20% move in two months was good enough for me but I will be buying on any pullbacks below $225 & $220. Apple Inc is set to release the iPad in the coming weeks and usually the stock sells off on an event like this. I still think Apple can hit $260-$280 by the end of 2010.
Discuss Stocks - http://stockstobuy.org
Apple Inc (AAPL) is currently trading at $233.50 in pre market this morning. The stock made another 52 week high on Friday as the stock continues to bounce off the 10 day moving average. I am no longer in the stock as a 20% move in two months was good enough for me but I will be buying on any pullbacks below $225 & $220. Apple Inc is set to release the iPad in the coming weeks and usually the stock sells off on an event like this. I still think Apple can hit $260-$280 by the end of 2010.
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