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Monday, May 28, 2012

Apple (AAPL) Stock Analysis May 29, 2012

By Tim - http://stockstobuy.org - @stockstobuy

The 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.

http://www.stockstobuy.org/forum/topics/apple-aapl-stock-hits-600-is-700-next-aapl

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