By Tim - http://stockstobuy.org
The following is technical analysis on Apple Inc (AAPL) stock for October 4, 2010
Apple Inc Support & Resistance Levels - 10/4/10
Resistance Levels: $290 - $300
Support Levels: $270, $262
http://stockcharts.com - Chart
Apple Inc. (AAPL) is trading below $280 as we head into the close. Apple Inc has major support around the $275 level which held this morning. Apple needs to hold this level or we could see the $260's tested. I would start buying Apple in the $260's and add to my position on additional downside. I didn't think Apple would crack $300 because of the high valuation. Apple needs to put together a few more blow out quarters before the stock breaks and stays above that level in my opinion.
Apple Inc Support & Resistance Levels - 10/4/10
Resistance Levels: $290 - $300
Support Levels: $270, $262
http://stockcharts.com - Chart
Apple Inc. (AAPL) is trading below $280 as we head into the close. Apple Inc has major support around the $275 level which held this morning. Apple needs to hold this level or we could see the $260's tested. I would start buying Apple in the $260's and add to my position on additional downside. I didn't think Apple would crack $300 because of the high valuation. Apple needs to put together a few more blow out quarters before the stock breaks and stays above that level in my opinion.
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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/
