By Tim - http://stockstobuy.org
The following is technical analysis of Apple Inc. (AAPL) stock for May 3, 2010
Apple Inc. (AAPL) Support & Resistance Levels - 5/3/10
Resistance Levels: $270, $280, $300
Support Levels: $255, $250, $238
Apple Inc. (AAPL) Support & Resistance Levels - 5/3/10
Resistance Levels: $270, $280, $300
Support Levels: $255, $250, $238
http://stockcharts.com - Chart
Apple Inc (AAPL) pulled back to the 10 day moving average yet again on Friday. Apple must continue to hold this level on a closing basis or the stock would be subject to more downside pressure. Support after the 10 day is located at the previous low of $256.41. On the upside, there is some heavy resistance now located around $270. I would be selling rips above $270.
Apple Inc (AAPL) pulled back to the 10 day moving average yet again on Friday. Apple must continue to hold this level on a closing basis or the stock would be subject to more downside pressure. Support after the 10 day is located at the previous low of $256.41. On the upside, there is some heavy resistance now located around $270. I would be selling rips above $270.
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