By Tim - http://stockstobuy.org
The following is technical analysis of Apple Inc. (AAPL) stock for June 5, 2010
Apple Inc. (AAPL) Support & Resistance Levels - 6/5/10
Resistance Levels: $265, $273
Support Levels: $250, $245
http://stockcharts.com - Chart
Apple Inc (AAPL) is pulling back to It's 10 & 50 day moving averages which should provide some nice support for the stock. Apple has resistance on the upside between $265-$266, a close above $265 would be bullish and I think a new 52 week high will be made shortly after. I'd be a buyer of Apple on any pullbacks below $240. iPad sales are going through the roof!
Apple Inc (AAPL) is pulling back to It's 10 & 50 day moving averages which should provide some nice support for the stock. Apple has resistance on the upside between $265-$266, a close above $265 would be bullish and I think a new 52 week high will be made shortly after. I'd be a buyer of Apple on any pullbacks below $240. iPad sales are going through the roof!
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