By Tim - http://stockstobuy.org
The following is technical analysis of Apple Inc. (AAPL) stock for June 11, 2010
Apple Inc. (AAPL) Support & Resistance Levels - 6/11/10
Resistance Levels: $255, $265, $273
Support Levels: $240
http://stockcharts.com - Chart
Apple Inc. (AAPL) rallied back to the 50 day moving average on Thursday after acting very weak in the morning. Apple is trading around $251 in pre market today so we will get a sense of how strong the stock really is. If Apple can close back above the 10 day moving average in the next few days, we could run back up to $260 in a good stock market. Pullbacks below $250 are a strong long term buy.
Apple Inc. (AAPL) rallied back to the 50 day moving average on Thursday after acting very weak in the morning. Apple is trading around $251 in pre market today so we will get a sense of how strong the stock really is. If Apple can close back above the 10 day moving average in the next few days, we could run back up to $260 in a good stock market. Pullbacks below $250 are a strong long term buy.
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