By Tim - http://stockstobuy.org/
The following is technical analysis of Apple Inc. (AAPL) stock for September 3, 2010
Apple Inc. (AAPL) Support & Resistance Levels - 9/3/10
Resistance Levels: $260, $266
Support Levels: $254, $250
http://stockcharts.com - Chart
Apple Inc. (AAPL) is surging above the 50 day moving average today and is now back above all three major moving averages. Apple Inc needs to hold the $253 level on the downside and if we see a close above the 50 day, I think the stock can go back up to test the $260-$266 area. Is Apple ready to rally to new highs? If Apple closes back above $266, I could see the stock running back to $275-$280.
Apple Inc. (AAPL) Support & Resistance Levels - 9/3/10
Resistance Levels: $260, $266
Support Levels: $254, $250
http://stockcharts.com - Chart
Apple Inc. (AAPL) is surging above the 50 day moving average today and is now back above all three major moving averages. Apple Inc needs to hold the $253 level on the downside and if we see a close above the 50 day, I think the stock can go back up to test the $260-$266 area. Is Apple ready to rally to new highs? If Apple closes back above $266, I could see the stock running back to $275-$280.
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