The following is technical analysis of Apple Inc. (AAPL) stock for February 22, 2010
Apple Inc. (AAPL) Support & Resistance Levels - 2/22/10
Resistance Levels: $205, $211, $214, $215.59
Support Levels: $200, $190, $188.68, $185
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Apple Inc. (AAPL) is trading at $202.25 in pre market trading this morning. The stock saw some selling pressure late in the day on Friday which helped it close below the 50 day moving average. Resistance on the upside is located between $204.31-$205 while support is located at $200. I added to my long position last week and will do so again if Apple can closed back above $205. I will also keep a tight stop at the 10 day moving average.
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