By Tim - http://stockstobuy.org
The following is technical analysis on Apple Inc (AAPL) stock for October 19, 2010
Apple Inc Support & Resistance Levels - 10/19/10
Resistance Levels: $320, $325
Support Levels: $300, $292, $275
http://stockcharts.com - Chart
Apple Inc. (AAPL) stock is trading lower today after reporting a solid earnings report but light on margins. Apple Inc reported guidance that was light but this company sandbags on guidance historically. Apple is now trading around $302 which is down about 6% from yesterday's close. The low for Apple was around $292 in after hours last night and is now the new support level. If Apple would close back below $292, I think we'd see a retest of $275. Apple will have resistance on the upside located at $319.
Apple Inc Support & Resistance Levels - 10/19/10
Resistance Levels: $320, $325
Support Levels: $300, $292, $275
http://stockcharts.com - Chart
Apple Inc. (AAPL) stock is trading lower today after reporting a solid earnings report but light on margins. Apple Inc reported guidance that was light but this company sandbags on guidance historically. Apple is now trading around $302 which is down about 6% from yesterday's close. The low for Apple was around $292 in after hours last night and is now the new support level. If Apple would close back below $292, I think we'd see a retest of $275. Apple will have resistance on the upside located at $319.
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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/
