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Tuesday, April 20, 2010

Apple Inc AAPL Stock Analysis - 4/20/10

By Tim -
The following is technical analysis of Apple Inc. (AAPL) stock for April 20, 2010

Apple Inc. (AAPL) Support & Resistance Levels - 4/20/10

Resistance Levels: $250

Support Levels: $235, $225, $220 - Chart

Apple Inc. (AAPL) is trading slightly higher today as we get ready for earnings due out after the close. Apple Inc is expected to report another solid quarter and raise guidance due to iPad sales. AAPL continues to have resistance located at $250, a close above this level could take it to $260. Any 5-10% sell off would be viewed as a buying opportunity.

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