By Tim - http://stockstobuy.org - @stockstobuyThe following is stock technical analysis for Apple Inc. (AAPL) for May 29, 2012
Apple Inc. (AAPL) Support & Resistance Levels - 5/29/12
Resistance - $576.50
Support - $550
Apple Inc. (AAPL) stock closed at $562 on Friday. Apple Inc. (AAPL) will have resistance at $576.50 this week with nothing major until $585. Apple Inc. (AAPL) is a strong buy on all pullbacks below the 50 day moving average ( currently around $589). Apple (AAPL) is now the largest holding in my portfolio and I plan to keep buying while the stock is cheap. AAPL has price targets above $800 for 2012/2013.
AAPL was on my Top Stock Picks 2012 List and Top Technology Stocks 2012 List.
