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Wednesday, September 29, 2010

Apple Inc. (AAPL) Stock Analysis - 9/29/10

By Tim - http://stockstobuy.org

The following is technical analysis on Apple Inc (AAPL) stock for September 29, 2010

Apple Inc Support & Resistance Levels - 9/29/10

Resistance Levels: $290 - $300

Support Levels: $270, $262

http://stockcharts.com - Chart

Apple Inc. (AAPL) continues to trade below $290 after the Tim Cooke departure news on Tuesday knocked the stock down. Apple has resistance located between $290-$300 which will be tough to crack in the short term. 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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