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Monday, July 26, 2010

Apple Inc AAPL Stock Analysis - 7/26/10

By Tim - http://stockstobuy.org

The following is technical analysis of Apple Inc. (AAPL) stock for July 26, 2010

Apple Inc. (AAPL) Support & Resistance Levels - 7/26/10

Resistance Levels: $266, $279

Support Levels: $253, $240

http://stockcharts.com - Chart

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.

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