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Saturday, April 3, 2010

Apple Inc AAPL Stock Analysis April 2010

The following is technical analysis of Apple Inc. (AAPL) stock for April 5, 2010

Apple Inc. (AAPL) Support & Resistance Levels - 4/5/10

Resistance Levels: $235-$240, $250

Support Levels: $225, $220, $215.59


http://stockcharts.com - Chart

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Apple Inc (AAPL) fell below $233 Thursday afternoon but then rallied back into the close. Apple Inc has resistance at $240 as well as $250 on the upside. Support is located at $230, $227, and $220.

I continue to remain on the sidelines for now but am willing to get back in on the next correction. Since selling Apple, I've outperformed the stock with my Transocean LTD (RIG) stock position.
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