The following is technical analysis of Apple Inc. (AAPL) stock for July 13, 2010
Apple Inc. (AAPL) Support & Resistance Levels - 7/13/10
Resistance Levels: $265, $279
Support Levels: $250, $242, $231
Apple Inc. (AAPL) traded flat on Monday and is being hurt by bad press stories of the new Iphone 4's antenna. I expect Apple to come out with a quick fix to the problem and the stock to break to a new 52 week high in the coming months. Apple is due to release earnings next week, ipad sales will start showing up in earnings from here on out.