By Tim - http://stockstobuy.orgThe following is stock technical analysis for Apple Inc. (AAPL) for April 26, 2012
Apple Inc. (AAPL) Support & Resistance Levels - 4/26/12
Resistance - $650
Support - $570
Apple Inc. (AAPL) is trading around $612 after reporting blowout earnings on Tuesday. Apple Inc. (AAPL) will have resistance at $618 today and I plan to buy back the shares I sold on a break above this level. Apple Inc. (AAPL) is a strong buy on all pullbacks below the 50 day moving average ( currently around $575 ). 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
