By Tim - http://stockstobuy.org
The following is technical analysis of Apple Inc. (AAPL) stock for July 23, 2010
Apple Inc. (AAPL) Support & Resistance Levels - 7/23/10
Resistance Levels: $266, $279
Support Levels: $253, $240
http://stockcharts.com - Chart
Apple Inc. (AAPL) is trading back above $260 today as the stock market futures are positioned higher. Apple Inc will have resistance located at $265 & $266 but then nothing until the 52 week high which is $279. Apple reported solid earnings this week and I ordered the iPhone 4 yesterday so I plan to add to my long position on anything below $250. Apple is currently the largest holding in my portfolio right now.
Apple Inc. (AAPL) is trading back above $260 today as the stock market futures are positioned higher. Apple Inc will have resistance located at $265 & $266 but then nothing until the 52 week high which is $279. Apple reported solid earnings this week and I ordered the iPhone 4 yesterday so I plan to add to my long position on anything below $250. Apple is currently the largest holding in my portfolio right now.
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