By Tim - http://stockstobuy.org
The following is technical analysis on Apple Inc (AAPL) stock for March 26, 2011
Apple Inc (NASDAQ:AAPL) Support & Resistance Levels - 3/26/11
Resistance Levels: $357
Support Levels: $330, $326,
http://stockcharts.com - Chart
Apple Inc. (AAPL) closed above all three major moving average on Friday. Apple Inc (AAPL) is now breaking out of the downtrend and starting a mini uptrend. Apple will now have resistance up at $357. Apple should retest $357 this week and possible rally back into the $360's. AAPL remains a strong buy below $300 if we ever see a major correction again but this is now becoming less likely. I continue to think Apple Inc. (AAPL) will be much higher by the end of the year. The last major upgrade for Apple was $500 per share.
Apple Inc (NASDAQ:AAPL) Support & Resistance Levels - 3/26/11
Resistance Levels: $357
Support Levels: $330, $326,
http://stockcharts.com - Chart
Apple Inc. (AAPL) closed above all three major moving average on Friday. Apple Inc (AAPL) is now breaking out of the downtrend and starting a mini uptrend. Apple will now have resistance up at $357. Apple should retest $357 this week and possible rally back into the $360's. AAPL remains a strong buy below $300 if we ever see a major correction again but this is now becoming less likely. I continue to think Apple Inc. (AAPL) will be much higher by the end of the year. The last major upgrade for Apple was $500 per share.
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