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Tuesday, February 9, 2010

Apple Inc AAPL Technical Analysis

The following is technical analysis of Apple Inc. (AAPL) stock for February 9, 2010

Apple Inc. (AAPL) Support & Resistance Levels - 2/9/10

Resistance Levels: $200, $211, $214, $215.59

Support Levels: $190, $188.68, $185


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Apple Inc. (AAPL) is trading at $196.20 in pre market this morning as the stock market futures are soaring. Apple has resistance at the 10 day moving average which it can't seem to close above. When this changes, I expect the trend in Apple to reverse and the stock to stabilize. Support continues to be located at $190, a break below this level would be bearish.

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