Apple Inc Support & Resistance Levels - 11/13/10
Resistance Levels: $312, $321
Support Levels: $300, $292
http://stockcharts.com - Chart
Apple Inc. (AAPL) closed well below the 10 day moving average and has created a short term sell signal. Apple Inc will have support located at $300 as well as $291. Apple remains a strong buy below $291. Investment manager Ken Heebner dumped most of his Apple position from his portfolio recently and this probably added to the downside pressure on Friday. If Apple breaks $300, it may become a great short for a swing trade.