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Thursday, May 27, 2010

Apple Inc AAPL Stock Analysis - 5/27/10

By Tim - http://stockstobuy.org

The following is technical analysis of Apple Inc. (AAPL) stock for May 27, 2010

Apple Inc. (AAPL) Support & Resistance Levels - 5/27/10

Resistance Levels: $251, $265

Support Levels: $245, $237, $230, $225

http://stockcharts.com - Chart

Apple Inc (AAPL) is trading back above all three major moving averages this morning as the stock market is up big. If Apple can rise a little bit more and close above $250.90, we could run back into the high $250's and eventually test $265. I have a large position in Apple that I have been building since the flash crash and would be willing to buy more on any sell off back to $230.

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