The following is technical analysis of Apple Inc. (AAPL) stock for August 10, 2010
Apple Inc. (AAPL) Support & Resistance Levels - 8/10/10
Resistance Levels: $266, $279
Support Levels: $250, $240
http://stockcharts.com - Chart
Apple Inc. (AAPL) continues to bounce off the 10 and 50 day moving averages. Apple Inc still has resistance located at $266 but then nothing until It's 52 week high located at $279. Apple has support around $255 and then $250. Apple would be a strong buy near $240 for the long term.