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Friday, June 4, 2010

Apple Inc AAPL Stock Analysis - 6/4/10

By Tim - http://stockstobuy.org

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

Apple Inc. (AAPL) Support & Resistance Levels - 6/4/10

Resistance Levels: $265, $273

Support Levels: $260, $250, $245

http://stockcharts.com - Chart

Apple Inc (AAPL) is trading in the $260's today and is in the higher end of the recent range right now. Apple has support at $260 and between $250-$252 on the downside which should hold from here on out. If Apple were to fall back below $250, I'd start adding to my long position again. This iPad is going to be a game changer and is going to be adopted in a big way by business. All major pullbacks are a strong buy!

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