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Thursday, July 8, 2010

Apple Inc AAPL Stock Analysis - 7/8/10

By Tim - http://stockstobuy.org

The following is technical analysis of Apple Inc. (AAPL) stock for July 8, 2010

Apple Inc. (AAPL) Support & Resistance Levels - 7/8/10

Resistance Levels: $265

Support Levels: $250, $242, $231

http://stockcharts.com - Chart

Apple Inc. (AAPL) closed above all three major moving averages on Wednesday and is slightly higher in today's trading. Apple will now have resistance located around $265 as well as the $270's. Apple has made three straight lower lows but if the stock breaks $240, wait to buy in the $225-$230 range. Earnings are due out in a few weeks.

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