The following is technical analysis of Apple Inc. (AAPL) stock for March 18, 2010
Apple Inc. (AAPL) Support & Resistance Levels - 3/18/10
Resistance Levels: $230, $235
Support Levels: $220, $215.59
Apple Inc (AAPL) stock tested the 10 day moving average on Thursday. The good news is that Apple closed above this level. A close below the 10 day would be bearish for the short term and we'd probably see a slight to moderate pullback in shares. On the upside, if Apple Inc closes above $227.73, I think it will head to $235 per share.
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