By Tim - http://stockstobuy.org
The following is technical analysis on Apple Inc (AAPL) stock for March 18, 2011
Apple Inc (NASDAQ:AAPL) Support & Resistance Levels - 3/18/11
Resistance Levels: $347 - $350
Support Levels: $330, $326
http://stockcharts.com - Chart
Apple Inc. (AAPL) is trading at $336 today as the stock market is set to open higher. Apple Inc (AAPL) continues to trade below the 50 day moving average which is technically bearish. Apple will now have resistance up at $347 followed by $350. Apple should test $400 at some point later this year but it is in a downtrend right now. AAPL remains a strong buy below $300 if we ever see a major correction again. I continue to think Apple Inc. (AAPL) will be much higher by the end of the year. The last major upgrade for Apple was $450 per share.
Apple Inc (NASDAQ:AAPL) Support & Resistance Levels - 3/18/11
Resistance Levels: $347 - $350
Support Levels: $330, $326
http://stockcharts.com - Chart
Apple Inc. (AAPL) is trading at $336 today as the stock market is set to open higher. Apple Inc (AAPL) continues to trade below the 50 day moving average which is technically bearish. Apple will now have resistance up at $347 followed by $350. Apple should test $400 at some point later this year but it is in a downtrend right now. AAPL remains a strong buy below $300 if we ever see a major correction again. I continue to think Apple Inc. (AAPL) will be much higher by the end of the year. The last major upgrade for Apple was $450 per share.
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