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Thursday, April 8, 2010

Apple Inc AAPL Stock Analysis - 4/8/10

The following is technical analysis of Apple Inc. (AAPL) stock for April 8, 2010

Apple Inc. (AAPL) Support & Resistance Levels - 4/8/10

Resistance Levels: $250

Support Levels: $234, $225, $220

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Apple Inc (AAPL) continues to hit new 52 week highs almost everyday. Pullbacks to the 10 day moving average have been a solid area to buy but if we would see a close below this level, I think we will see a steeper pullback. Resistance on the upside for Apple is all the way up at $250 and if the stock market can rally further, I think the stock could get up there. All pullbacks below $225 are a strong buy.

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