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Friday, March 5, 2010

Apple Inc AAPL Stock Analysis March 2010

The following is technical analysis of Apple Inc. (AAPL) stock for March 5, 2010

Apple Inc. (AAPL) Support & Resistance Levels - 3/5/10

Resistance Levels: $214, $215.59

Support Levels: $200, $195, $190, $188.68, $185



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Apple Inc (AAPL) received a big backing from Jim Cramer last night on mad money. Cramer says to buy Apple stock right now before it's to late. The iPad is soon coming and the momentum leading up to the release will start to build shortly. The stock doesn't even have iPad sales factored into the stock. Anyway, Apple will have some nice resistance located between $214-$215.59, a close above this area will cause me to buy more stock. If Apple would pull back to $200, I would be a buyer as well!

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