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Wednesday, May 19, 2010

Apple Inc AAPL Stock Analysis - 5/19/10

By Tim - http://stockstobuy.org

The following is technical analysis of Apple Inc. (AAPL) stock for May 19, 2010

Apple Inc. (AAPL) Support & Resistance Levels - 5/19/10

Resistance Levels: $253, $265, $270

Support Levels: $250, $247, $235

http://stockcharts.com - Chart

Apple Inc (AAPL) continues to trend down with the 10 day moving average. Support is located at $247 as well as $244 but then there is nothing until around $235-$237. If Apple falls below $240, I plan to add to mky long position. The iPad launches internationally next week!

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