The following is technical analysis on Apple Inc (AAPL) stock for December 6, 2010
Apple Inc Support & Resistance Levels - 12/6/10
Resistance Levels: $330
Support Levels: $311, $300, $291
http://stockcharts.com - Chart
Apple Inc. (AAPL) hit a new 52 week high this morning just above $322. Apple Inc will have minor resistance located at $325 but then nothing until around $330. Longer term, Apple is a strong buy at It's 200 day moving average now located around $264. 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 during this Holiday season.
Apple Inc Support & Resistance Levels - 12/6/10
Resistance Levels: $330
Support Levels: $311, $300, $291
http://stockcharts.com - Chart
Apple Inc. (AAPL) hit a new 52 week high this morning just above $322. Apple Inc will have minor resistance located at $325 but then nothing until around $330. Longer term, Apple is a strong buy at It's 200 day moving average now located around $264. 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 during this Holiday season.
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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/