By Tim - http://stockstobuy.org
The following is technical analysis of Apple Inc. (AAPL) stock for May 5, 2010
Apple Inc. (AAPL) Support & Resistance Levels - 5/5/10
Resistance Levels: $270, $280, $300
Support Levels: $256, $250
Apple Inc. (AAPL) Support & Resistance Levels - 5/5/10
Resistance Levels: $270, $280, $300
Support Levels: $256, $250
http://stockcharts.com - Chart
Apple Inc (AAPL) closed below the 50 day moving average on Tuesday which is bearish for the short term. Apple Inc has support located at $256.41, but a close below this level would be another bearish indicator. Long term, If we got a pullback to the 50 day moving average which is around $235 and rising, I'd be a buyer. I view anything under $245 as a strong buy!
Apple Inc (AAPL) closed below the 50 day moving average on Tuesday which is bearish for the short term. Apple Inc has support located at $256.41, but a close below this level would be another bearish indicator. Long term, If we got a pullback to the 50 day moving average which is around $235 and rising, I'd be a buyer. I view anything under $245 as a strong buy!
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