By Tim - http://stockstobuy.org
The following is technical analysis of Apple Inc. (AAPL) stock for May 17, 2010
Apple Inc. (AAPL) Support & Resistance Levels - 5/17/10
Resistance Levels: $257, $265, $270
Support Levels: $250, $247
Apple Inc. (AAPL) Support & Resistance Levels - 5/17/10
Resistance Levels: $257, $265, $270
Support Levels: $250, $247
http://stockcharts.com - Chart
Apple Inc (AAPL) closed back below the 10 day moving average on Friday after making a short term high at $265 on Thursday. Apple Inc will now have resistance at $265 as well as $272.46 in the future. I have a feeling Apple could be stuck in this $240-$265 range leading up to 2nd quarter earnings. I will add to my long position on pullbacks below $240. Apple is now the largest holding in my portfolio right now.
Apple Inc (AAPL) closed back below the 10 day moving average on Friday after making a short term high at $265 on Thursday. Apple Inc will now have resistance at $265 as well as $272.46 in the future. I have a feeling Apple could be stuck in this $240-$265 range leading up to 2nd quarter earnings. I will add to my long position on pullbacks below $240. Apple is now the largest holding in my portfolio right now.
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