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Sunday, December 5, 2010

Apple Inc (AAPL) Stock Analysis - 12/5/10

By Tim - http://stockstobuy.org

The following is technical analysis on Apple Inc (AAPL) stock for December 4, 2010

Apple Inc Support & Resistance Levels - 12/4/10

Resistance Levels: $319, $321

Support Levels: $311, $300, $291

http://stockcharts.com - Chart

Apple Inc. (AAPL) closed at $317.44 on Friday. Apple Inc will have resistance located at $321.30 but then nothing until around $330. Longer term, Apple is a strong buy at It's 200 day moving average now located around $261. If Apple ever tests the 200 day or gets within 5%, I will start buying back my stock. Apple will continue to have some of the hottest products for the Holiday season.

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