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Monday, December 13, 2010

Apple Inc (AAPL) Stock Technical Analysis

By Tim -

The following is technical analysis on Apple Inc (AAPL) stock for December 13, 2010

Apple Inc Support & Resistance Levels - 12/13/10

Resistance Levels: $330

Support Levels: $317, $308 - Chart

Apple Inc. (AAPL) hit another 52 week high at the open today, trading at $325. 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 $265. 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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