By Tim - http://stockstobuy.org
The following is technical analysis of Apple Inc. (AAPL) stock for July 12, 2010
Apple Inc. (AAPL) Support & Resistance Levels - 7/12/10
Resistance Levels: $265, $279
Support Levels: $250, $242, $231
http://stockcharts.com - Chart
Apple Inc. (AAPL) closed above all three moving averages on Friday and is up slightly today. Apple Inc has support around $255 but if the stock falls below this level and you are trading it, i'd move to the sidelines. I own Apple for the long term but will be starting to sell a little bit when the stock hits $290 and above. I'd plan to add more stock in the $240's if we see that level again.
Apple Inc. (AAPL) closed above all three moving averages on Friday and is up slightly today. Apple Inc has support around $255 but if the stock falls below this level and you are trading it, i'd move to the sidelines. I own Apple for the long term but will be starting to sell a little bit when the stock hits $290 and above. I'd plan to add more stock in the $240's if we see that level again.
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