By Tim - http://stockstobuy.org
The following is technical analysis of Apple Inc. (AAPL) stock for June 2, 2010
Apple Inc. (AAPL) Support & Resistance Levels - 6/2/10
Resistance Levels: $265. $272
Support Levels: $250, $245, $237, $230
http://stockcharts.com - Chart
Apple Inc (AAPL) continues to bounce hard off the recent lows as iPad sales soar. Apple has resistance located at $265 as well as $272.46. A close above $265 would be very bullish and I think we will see a new 52 week high. Apple had several price target upgrades on Tuesday, one was $340. Pullbacks below $240 are now a gift going forward.
Apple Inc (AAPL) continues to bounce hard off the recent lows as iPad sales soar. Apple has resistance located at $265 as well as $272.46. A close above $265 would be very bullish and I think we will see a new 52 week high. Apple had several price target upgrades on Tuesday, one was $340. Pullbacks below $240 are now a gift going forward.
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