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Thursday, August 12, 2010

Apple Inc AAPL Stock Analysis - 8/12/10

By Tim - http://stockstobuy.org

The following is technical analysis of Apple Inc. (AAPL) stock for August 12, 2010

Apple Inc. (AAPL) Support & Resistance Levels - 8/12/10

Resistance Levels: $250, $260

Support Levels: $240

http://stockcharts.com - Chart

Apple Inc. (AAPL) is breaking $250 support today as the stock market futures are tanking. Apple Inc has a nice outperform rating from Wells Fargo which could help support the stock today. Apple has major support located at $240, a close below this level would be bearish and we could see $230 be tested.

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