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Monday, December 27, 2010

Apple Inc (AAPL) Stock Analysis - 12/27/10

By Tim - http://stockstobuy.org

The following is technical analysis on Apple Inc (AAPL) stock for December 27, 2010

Apple Inc Support & Resistance Levels - 12/27/10

Resistance Levels: $330

Support Levels: $317, $308

http://stockcharts.com - Chart

Apple Inc. (AAPL) bounced off the 10 day moving average again today. Apple Inc has resistance on the upside located at $330. If Apple can break out of this sideways trend and close above $330, I think AAPL stock can move toward $350 into January 2011. Apple Inc continues to have support at $310 as well as $300. If Apple breaks down through $300, look to buy around $290 or lower. Apple will again be a hot technology stock in 2011.

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