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Tuesday, September 28, 2010

Apple Inc. (AAPL) Falls Below $290 Today

By Tim - http://stockstobuy.org

The following is technical analysis on Apple Inc (AAPL) stock for September 28, 2010

Apple Inc Support & Resistance Levels - 9/28/10

Resistance Levels: $290 - $300

Support Levels: $270, $262

http://stockcharts.com - Chart

Apple Inc. (AAPL) crashed at the open down to $275 but has since recovered to $288. Apple has resistance located between $290-$300 which will be tough to break and we are seeing normal profit taking now. If Apple does spike above $300, I would be a seller of the stock. Apple has support down near $270. Apple remains a solid long term buy on pullbacks below $250.
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