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Tuesday, July 27, 2010

Apple Inc AAPL Stock Analysis - 7/27/10

By Tim - http://stockstobuy.org

The following is technical analysis of Apple Inc. (AAPL) stock for July 27, 2010

Apple Inc. (AAPL) Support & Resistance Levels - 7/27/10

Resistance Levels: $266, $279

Support Levels: $253, $240

http://stockcharts.com - Chart

Apple Inc. (AAPL) continue to have trouble closing above $260 after amazing earnings last week. Apple Inc is trading above all three major moving averages which is technically bullish. If Apple can close above $266, I think it can race toward the 52 week high located at $279.01. I'd be a buyer of all pullbacks below $250.

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