The following is stock technical analysis for Apple Inc. (AAPL) for May 31, 2012
Apple Inc. (AAPL) Support & Resistance Levels - 5/31/12
Resistance - $591.50
Support - $574
Apple Inc. (AAPL) stock is trading back above $580 in pre market this morning. Apple Inc. (AAPL) will have resistance at $591.50 from here on out. 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.