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Wednesday, August 11, 2010

Apple Inc AAPL Stock Analysis - 8/11/10

By Tim - http://stockstobuy.org

The following is technical analysis of Apple Inc. (AAPL) stock for August 11, 2010

Apple Inc. (AAPL) Support & Resistance Levels - 8/11/10

Resistance Levels: $266, $279

Support Levels: $250, $240

http://stockcharts.com - Chart

Apple Inc. (AAPL) continues to bounce off the 10 and 50 day moving averages. Apple Inc still has resistance located at $266 but then nothing until It's 52 week high located at $279. Apple has support around $255 and then $250. Apple would be a strong buy near $240 for the long term.

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