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Thursday, June 3, 2010

Apple Inc AAPL Stock Analysis - 6/3/10

By Tim - http://stockstobuy.org

The following is technical analysis of Apple Inc. (AAPL) stock for June 3, 2010

Apple Inc. (AAPL) Support & Resistance Levels - 6/3/10

Resistance Levels: $265, $273

Support Levels: $260, $250, $245

http://stockcharts.com - Chart

Apple Inc (AAPL) is set to open above $265 today which is bullish but I think we need to see one or two closes above this level for a new break out. Apple has had resistance around $265 over the past two days so if we can takeover this level with heavy volume, I think a new 52 week high will follow. iPad sales have knocked the cover off the ball and Apple will be a $300+ stock by the end of 2010.

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