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Tuesday, May 4, 2010

Apple Inc AAPL Stock Analysis - 5/4/10

By Tim - http://stockstobuy.org

The following is technical analysis of Apple Inc. (AAPL) stock for May 4, 2010

Apple Inc. (AAPL) Support & Resistance Levels - 5/4/10

Resistance Levels: $270, $280, $300

Support Levels: $263, $256, $250

http://stockcharts.com - Chart

Apple Inc (AAPL) continues to bounce off the 10 day moving average which has been a nice support level recently. On the upside, Apple Inc will have resistance located around $270. Support is located at $263 as well as $256. If we get a correction back to the 50 day moving average this summer, I will buy back the stock.

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