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Thursday, May 20, 2010

Apple Inc AAPL Stock Analysis - 5/20/10

By Tim - http://stockstobuy.org

The following is technical analysis of Apple Inc. (AAPL) stock for May 20, 2010

Apple Inc. (AAPL) Support & Resistance Levels - 5/20/10

Resistance Levels: $253, $265, $270

Support Levels: $250, $247, $235

http://stockcharts.com - Chart

Apple Inc (AAPL) is testing the 50 day moving average located at $244.33 but will move lower this morning. Apple Inc has resistance located at the 10 day moving average as well as $257. I plan to buy more Apple for my portfolio if it falls back into the $230's as well as in the $220's. These prices will end up being a steal come December!

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