By Tim - http://stockstobuy.org
The following is technical analysis on Apple Inc (AAPL) stock for February 19, 2011
Apple Inc (NASDAQ:AAPL) Support & Resistance Levels - 2/19/11
Resistance Levels: $360 - $365
Support Levels: $340
http://stockcharts.com - Chart
Apple Inc. (AAPL) broke down through the 10 day moving average on Friday and tested $350. Apple Inc (AAPL) could be starting a downtrend. Apple will also have major resistance up at $400 which is where some of the low Wall St. estimates are this year. I feel Apple will hit $400 sometime in 2011, the only question is when. AAPL has excellent management and a great vision for the future. If Apple stock ever falls 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 - 2/19/11
Resistance Levels: $360 - $365
Support Levels: $340
http://stockcharts.com - Chart
Apple Inc. (AAPL) broke down through the 10 day moving average on Friday and tested $350. Apple Inc (AAPL) could be starting a downtrend. Apple will also have major resistance up at $400 which is where some of the low Wall St. estimates are this year. I feel Apple will hit $400 sometime in 2011, the only question is when. AAPL has excellent management and a great vision for the future. If Apple stock ever falls 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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Today's Biggest Stock Gainers - Top 2011 Stock Gainers - Top 2011 Penny Stock Gainers - Top 2010 Stock Gainers - Top 2010 Penny Stocks - Stocks for 2011
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