By Tim - http://stockstobuy.org
The following is technical analysis of Apple Inc. (AAPL) stock for April 23, 2010
Apple Inc. (AAPL) Support & Resistance Levels - 4/23/10
Resistance Levels: $275, $280, $300
Support Levels: $260
Apple Inc. (AAPL) Support & Resistance Levels - 4/23/10
Resistance Levels: $275, $280, $300
Support Levels: $260
http://stockcharts.com - Chart
Apple Inc broke up through and closed above $260 on Thursday. Apple Inc continues to rally after a blow out earnings report which was simply jaw dropping. The stock won't have resistance until the $275-$280 range which were the low price targets over the past few months. I can't really see any reason for a major pullback at this point but if one does come ( 5-10% ), Apple is a strong buy.
Apple Inc broke up through and closed above $260 on Thursday. Apple Inc continues to rally after a blow out earnings report which was simply jaw dropping. The stock won't have resistance until the $275-$280 range which were the low price targets over the past few months. I can't really see any reason for a major pullback at this point but if one does come ( 5-10% ), Apple is a strong buy.
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