By Tim - http://stockstobuy.org
The following is technical analysis of Apple Inc. (AAPL) stock for August 26, 2010
Apple Inc. (AAPL) Support & Resistance Levels - 8/26/10
Resistance Levels: $247, $257, $266
Support Levels: $240, $231.35
http://stockcharts.com - Chart
Apple Inc. (AAPL) traded up to $245.75 today and looks to be holding up very well. Apple Inc needs to hold $240 over the next few days for yesterdays bottom to be the low. I am watching the 10 day moving average currently located at $247.31. If Apple can close back above this level, look for the 50 day moving average to be retested. If Apple breaks Wednesday's $237.20 low, I look for the $231 area to be tested. Either way, Apple remains a strong buy at $240 or below.
For more Technical Analysis - Go Here
Today's Biggest Stock Market Gainers - Top 2010 Stock Gainers - Top 2010 Penny Stocks - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Stocks for 2010
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/
