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Friday, January 15, 2010

Apple Inc AAPL Stock Analysis - 1/15/10

The following is technical analysis of Apple Inc. (AAPL) stock for January 15, 2010

Apple Inc. (AAPL) Support & Resistance Levels - 1/15/10

Resistance Levels: $215.59, $220

Support Levels: $204, $202, $200


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Apple Inc. (AAPL) is trading below the 10 day moving average at the moment. Support is located at $200-$202 per share as we head into earnings.

I am expecting a blow out quarter for Apple but the key will be in the earnings guidance. I would be a buyer of any pullback under $200 going forward.

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