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Thursday, November 11, 2010

Apple Inc (AAPL) Stock Analysis

By Tim - http://stockstobuy.org

The following is technical analysis on Apple Inc (AAPL) stock for November 11, 2010

Apple Inc Support & Resistance Levels - 11/11/10

Resistance Levels: $321, $325

Support Levels: $305, $300, $292

http://stockcharts.com - Chart

Apple Inc. (AAPL) is trading back in the $317's as the stock market tries to fight back today. Apple continues to have resistance in the low $320's as well as $325. Apple should break through this resistance and trend higher for the rest of 2010 but I feel the major gains have already been made. Apple will have solid support located at $311-$312 which is where the 10 day moving average is located. If Apple closes below $311, l would look for another retest of $300.

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