By Tim - http://stockstobuy.org
The following is technical analysis of Apple Inc. (AAPL) stock for May 6, 2010
Apple Inc. (AAPL) Support & Resistance Levels - 5/6/10
Resistance Levels: $264.12, $270
Support Levels: $250, $245
Apple Inc. (AAPL) Support & Resistance Levels - 5/6/10
Resistance Levels: $264.12, $270
Support Levels: $250, $245
http://stockcharts.com - Chart
Apple Inc (AAPL) dipped below $250 for a brief moment on Wednesday which was close to my below $245 buy zone. If I see Apple Inc fall below $245 at any time, I plan to take a long position. If we see a further correction in the stock market, I feel the stock could correct back to the 50 day moving average which should hold. Resistance is now located at the 10 day moving average.
Apple Inc (AAPL) dipped below $250 for a brief moment on Wednesday which was close to my below $245 buy zone. If I see Apple Inc fall below $245 at any time, I plan to take a long position. If we see a further correction in the stock market, I feel the stock could correct back to the 50 day moving average which should hold. Resistance is now located at the 10 day moving average.
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