By Tim - http://stockstobuy.org
The following is technical analysis of Apple Inc. (AAPL) stock for May 28, 2010
Apple Inc. (AAPL) Support & Resistance Levels - 5/28/10
Resistance Levels: $265. $272
Support Levels: $250, $245, $237, $230
http://stockcharts.com - Chart
Apple Inc (AAPL) is trading back above all three major moving average and is trading in the high $250's today. Apple Inc released the iPad in nine new countries and the lines have been very long. Apple will have resistance in the $260's as well as $270's going forward but then nothing until $290-$300. On the downside, I will continue to buy Apple stock below $240 which is a screaming buy.
Apple Inc (AAPL) is trading back above all three major moving average and is trading in the high $250's today. Apple Inc released the iPad in nine new countries and the lines have been very long. Apple will have resistance in the $260's as well as $270's going forward but then nothing until $290-$300. On the downside, I will continue to buy Apple stock below $240 which is a screaming buy.
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