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Thursday, December 16, 2010

Apple Inc (AAPL) Stock Analysis

By Tim - http://stockstobuy.org

The following is technical analysis on Apple Inc (AAPL) stock for December 15, 2010

Apple Inc Support & Resistance Levels - 12/15/10

Resistance Levels: $330

Support Levels: $317, $308

http://stockcharts.com - Chart

Apple Inc. (AAPL) closed around $320.70 on Wednesday. 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 $268. 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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