The following is technical analysis on Apple Inc (AAPL) stock for February 14, 2011
Apple Inc (NASDAQ:AAPL) Support & Resistance Levels - 2/14/11
Resistance Levels: $360
Support Levels: $340
http://stockcharts.com - Chart
Apple Inc. (AAPL) continues to be strong but has not broken $360 yet on Monday. Apple Inc (AAPL) will now have resistance up at $360-$365. Apple will have major resistance up at $400 which is some of the low Wall St. estimates are this year. 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 continue to think Apple Inc. (AAPL) will slowly inch higher over the next 1-2 months.
Apple Inc (NASDAQ:AAPL) Support & Resistance Levels - 2/14/11
Resistance Levels: $360
Support Levels: $340
http://stockcharts.com - Chart
Apple Inc. (AAPL) continues to be strong but has not broken $360 yet on Monday. Apple Inc (AAPL) will now have resistance up at $360-$365. Apple will have major resistance up at $400 which is some of the low Wall St. estimates are this year. 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 continue to think Apple Inc. (AAPL) will slowly inch higher over the next 1-2 months.
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