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Monday, December 21, 2009

Apple Inc AAPL Stock Analysis - 12/22/09

The following is technical analysis of Apple Inc. (AAPL) stock for December 22, 2009

Apple Inc. (AAPL) Support & Resistance Levels - 12/22/09

Resistance Levels: $200, $208.71

Support Levels: $195.67, $192.60, $190, $188



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Apple Inc. (AAPL) is trading back over the 10 & 50 day moving averages as we go into 12/22/09. Resistance is located at $200, a break above that level would be bullish and I'd be a buyer with a stop located at $195.50.

After $200, the next major resistance area is located between $208-$208.71

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