The following is technical analysis of Apple Inc. (AAPL) stock for March 2, 2010
Apple Inc. (AAPL) Support & Resistance Levels - 3/2/10
Resistance Levels: $211, $214, $215.59
Support Levels: $200, $195, $190, $188.68, $185
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Apple Inc (AAPL) is trading at $210.50 in pre market today after a nice breakout on Monday. The key for Apple stock right now is to take out the $215-$215.59 area and close above this level with conviction. This would cause a short squeeze and you will see a nice buying frenzy. Pullbacks to $200 are now a strong buy. Apple currently has price targets from $264 all the way up to $300 for the remainder of 2010.
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