By Tim - http://stockstobuy.org
The following is technical analysis of Apple Inc. (AAPL) stock for July 19, 2010
Apple Inc. (AAPL) Support & Resistance Levels - 7/19/10
Resistance Levels: $266, $279
Support Levels: $250, $242, $231
http://stockcharts.com - Chart
Apple Inc. (AAPL) continues to trade below the 10 & 50 day moving averages and is seeing some selling pressure because of this. Apple Inc came out with an iPhone 4 antenna fix on Friday by offering a free case to all purchasers. Apple will be reporting earnings on Tuesday and should beat the street by a mile. I expect the stock to trade higher on earnings but would be adding on pullbacks to the 200 day moving average located at $223.
Apple Inc. (AAPL) continues to trade below the 10 & 50 day moving averages and is seeing some selling pressure because of this. Apple Inc came out with an iPhone 4 antenna fix on Friday by offering a free case to all purchasers. Apple will be reporting earnings on Tuesday and should beat the street by a mile. I expect the stock to trade higher on earnings but would be adding on pullbacks to the 200 day moving average located at $223.
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