The following is technical analysis of Apple Inc. (AAPL) stock for April 1, 2010
Apple Inc. (AAPL) Support & Resistance Levels - 4/1/10
Resistance Levels: $235-$240, $250
Support Levels: $225, $220, $215.59
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Apple Inc (AAPL) is trading at $236.50 in pre market this morning after hitting a fresh 52 week high on Tuesday. Apple Inc has now broken away from all three major moving averages as the parabolic move continues. Resistance is located at $240 as well as $250. If I see a pullback below $225 again, I will start buying back what I sold last week. This stock is not expensive yet but it is not cheap either.
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Apple Inc (AAPL) is trading at $236.50 in pre market this morning after hitting a fresh 52 week high on Tuesday. Apple Inc has now broken away from all three major moving averages as the parabolic move continues. Resistance is located at $240 as well as $250. If I see a pullback below $225 again, I will start buying back what I sold last week. This stock is not expensive yet but it is not cheap either.
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