The following is technical analysis of Apple Inc. (AAPL) stock for July 25, 2010
Apple Inc. (AAPL) Support & Resistance Levels - 7/25/10
Resistance Levels: $266, $279
Support Levels: $253, $240
Apple Inc. (AAPL) continues to close above all three major moving averages and looks as though it will continue the uptrend. Apple Inc has resistance located at $266 as well as the 52 week high located at $279. Apple has built a strong base around $240 which seems bullet proof. Any pullbacks below $250 will cause me to start adding to my long position again.