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Monday, January 31, 2011

Apple Inc (AAPL) Stock Analysis 1/30/11

By Tim - http://stockstobuy.org

The following is technical analysis on Apple Inc (AAPL) stock for January 30, 2011

Apple Inc (NASDAQ:AAPL) Support & Resistance Levels - 1/30/11

Resistance Levels: $350

Support Levels: $322, $308

http://stockcharts.com - Chart

Apple Inc. (AAPL) closed down Friday, $336.10, as the stock market tanked. Apple Inc (AAPL) will have resistance located at $348.60 going into next week. Several analysts on Wall St. have 2011 price targets up in $400's on Apple. I feel Apple will hit $400 sometime in 2011, the question is when. AAPL has excellent management and a great vision for the future. If Apple stock ever fell below $300 again, I will take a new long position. I think Apple Inc. (AAPL) will slowly inch higher for the next 1-2 months.

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