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Monday, April 25, 2011

Apple Inc (AAPL) Stock Analysis 4/25/11

By Tim -

The following is technical analysis on Apple Inc (AAPL) stock for April 25, 2011

Apple Inc (NASDAQ:AAPL) Support & Resistance Levels - 4/25/11

Resistance Levels: $360, $365

Support Levels: $350, $346 - Chart

Apple Inc. (AAPL) was up a little on Monday and continues to trade above $350. AAPL will now have resistance between $360-$365 from here on out. Apple Inc. (AAPL) sold 18.6 million iPhone's last quarter which was just stunning. AAPL should see $425 by the end of 2011 and potentially $500 at some point in 2012 based on earnings. AAPL is a strong buy below $330 if we see another correction. AAPL is the top stock in my portfolio right now.

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