By Tim - http://stockstobuy.org
The following is technical analysis of Apple Inc. (AAPL) stock for July 7, 2010
Apple Inc. (AAPL) Support & Resistance Levels - 7/7/10
Resistance Levels: $258, $265
Support Levels: $242, $231
http://stockcharts.com - Chart
Apple Inc. (AAPL) continues the short term downtrend but is holding the previous two lows from June and May. Apple Inc needs to get back above the 50 day moving average in order to attract some buyers. Apple stock would be a solid buy at the 200 day moving average located at $220. I'd be looking buy more stock at that price. Earnings are due out in two weeks.
Apple Inc. (AAPL) continues the short term downtrend but is holding the previous two lows from June and May. Apple Inc needs to get back above the 50 day moving average in order to attract some buyers. Apple stock would be a solid buy at the 200 day moving average located at $220. I'd be looking buy more stock at that price. Earnings are due out in two weeks.
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