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Monday, June 7, 2010

Apple Inc AAPL Stock Analysis - 6/7/10

By Tim - http://stockstobuy.org

The following is technical analysis of Apple Inc. (AAPL) stock for June 7, 2010

Apple Inc. (AAPL) Support & Resistance Levels - 6/7/10

Resistance Levels: $265, $273

Support Levels: $250, $245

http://stockcharts.com - Chart

Apple Inc (AAPL) is pulling back to It's 10 & 50 day moving averages which should provide some nice support for the stock. Apple has resistance on the upside between $265-$266, a close above $265 would be bullish and I think a new 52 week high will be made shortly after. I'd be a buyer of Apple on any pullbacks below $240. iPad sales are going through the roof!

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