By Tim - http://stockstobuy.orgThe following is stock technical analysis for Apple Inc. (AAPL) for April 9, 2012
Apple Inc. (AAPL) Support & Resistance Levels - 4/9/12
Resistance - $650
Support - $570
Apple Inc. (AAPL) stock hit a fresh 52 week high on Thursday just shy of $635. Apple Inc. (AAPL) will have resistance around $650. Apple Inc. (AAPL) is a strong buy on all major pullbacks to the 50 day moving average ( currently around $545 ). If you give Apple (AAPL) the current Facebook (FB) valuation, the stock should be trading at $1200. AAPL stock has price targets above $800 for 2012/2013.
AAPL was on my Top Stock Picks 2012 List and Top Technology Stocks 2012 List.
http://www.stockstobuy.org/forum/topics/apple-aapl-stock-hits-600-is-700-next-aapl
