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Saturday, November 6, 2010

Apple Inc. (AAPL) Stock Analysis

By Tim -

The following is technical analysis on Apple Inc (AAPL) stock for November 6, 2010

Apple Inc Support & Resistance Levels - 11/6/10

Resistance Levels: $319, $325

Support Levels: $305, $300, $292 - Chart

Apple Inc. (AAPL) pulled back on Friday as the tech sector sold off. Apple Inc hit a high of $320.18 on Thursday but couldn't break out above this level on Friday. Is Apple looking toppy here? Probably not, but the huge gains have most likely been made for the year. Apple will have support down at $305 and $300. If for some reason Apple would sell off below $300, buyers will swoop in between $292-$294.

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