By Tim - http://stockstobuy.org
The following is technical analysis of Apple Inc. (AAPL) stock for July 1, 2010
Apple Inc. (AAPL) Support & Resistance Levels - 7/1/10
Resistance Levels: $258, $265
Support Levels: $250, $240
http://stockcharts.com - Chart
Apple Inc. (AAPL) is higher today due to a $390 price target out of JP Morgan. However, Apple Inc is trading below the 10 & 50 day moving averages so the momentum traders are on the sidelines right now. Apple has resistance at $258 & $265, as soon as the stock can close back above these levels, the buyers will come back. Apple remains a strong buy below $250 as well as $240.
Apple Inc. (AAPL) is higher today due to a $390 price target out of JP Morgan. However, Apple Inc is trading below the 10 & 50 day moving averages so the momentum traders are on the sidelines right now. Apple has resistance at $258 & $265, as soon as the stock can close back above these levels, the buyers will come back. Apple remains a strong buy below $250 as well as $240.
For more Technical Analysis - Go Here
Today's Biggest Stock Market Gainers - Top 2010 Stock Gainers - Top 2010 Penny Stocks - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Stocks for 2010
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/
