By Tim - http://stockstobuy.org
The following is technical analysis on Apple Inc (AAPL) stock for February 22, 2011
Apple Inc (NASDAQ:AAPL) Support & Resistance Levels - 2/22/11
Resistance Levels: $335.40, $350
Support Levels: $337
http://stockcharts.com - Chart
Apple Inc. (AAPL) stock closed at $338.61 on Tuesday, just above the 50 day moving average. Apple Inc (AAPL) could be starting a downtrend but will most likely pause here first. Apple will also have major resistance up at $400 which is where some of the low Wall St. estimates are for 2011. 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 falls below $300 again, I will take a new long position. I continue to think Apple Inc. (AAPL) will be much higher at the end of the year then it is now.
Apple Inc (NASDAQ:AAPL) Support & Resistance Levels - 2/22/11
Resistance Levels: $335.40, $350
Support Levels: $337
http://stockcharts.com - Chart
Apple Inc. (AAPL) stock closed at $338.61 on Tuesday, just above the 50 day moving average. Apple Inc (AAPL) could be starting a downtrend but will most likely pause here first. Apple will also have major resistance up at $400 which is where some of the low Wall St. estimates are for 2011. 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 falls below $300 again, I will take a new long position. I continue to think Apple Inc. (AAPL) will be much higher at the end of the year then it is now.
For more Technical Analysis - Go Here
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
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
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/
