By Tim - http://stockstobuy.org
The following is technical analysis of Apple Inc. (AAPL) stock for May 13, 2010
Apple Inc. (AAPL) Support & Resistance Levels - 5/13/10
Resistance Levels: $270, $280
Support Levels: $257, $247
Apple Inc. (AAPL) Support & Resistance Levels - 5/13/10
Resistance Levels: $270, $280
Support Levels: $257, $247
http://stockcharts.com - Chart
Apple Inc (AAPL) closed above the 10 day moving average on Wednesday and now has solid support around $257 going forward. Apple will have resistance located at $270-$272.46 but then nothing until $280-$300. While it seems very unlikely, I'd add to my long position below $240 going forward. On May 28th, the iPad will start selling in nine additional countries!
Apple Inc (AAPL) closed above the 10 day moving average on Wednesday and now has solid support around $257 going forward. Apple will have resistance located at $270-$272.46 but then nothing until $280-$300. While it seems very unlikely, I'd add to my long position below $240 going forward. On May 28th, the iPad will start selling in nine additional countries!
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