The following is technical analysis of Apple Inc. (AAPL) stock for February 23, 2010
Apple Inc. (AAPL) Support & Resistance Levels - 2/23/10
Resistance Levels: $205, $211, $214, $215.59
Support Levels: $200, $195, $190, $188.68, $185
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Apple Inc. (AAPL) is trading around $200 in pre market today. The stock continues to trade below the 50 day moving average and retest the 10 day. A close back below the 10 day would send Apple Inc back to the $195-$197 support zone which I feel will hold. If anything, $190 is very solid support. Apple has been hitting resistance around $205 lately so If I see Apple break through that level, I will add to my long position once again. IPAD sales are just months away!
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