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Tuesday, June 1, 2010

Apple Inc AAPL Stock Analysis June 2010

By Tim - http://stockstobuy.org

The following is technical analysis of Apple Inc. (AAPL) stock for June 1, 2010

Apple Inc. (AAPL) Support & Resistance Levels - 6/1/10

Resistance Levels: $265. $272

Support Levels: $250, $245, $237, $230

http://stockcharts.com - Chart

Apple Inc (AAPL) appears to have broken out of the recent downtrend as the iPad was for sale in nine new countries on Friday. Apple Inc has resistance located at $260 & $265 but then nothing until the 52 week high located at $272.46. Apple has been one of the strongest large caps stocks over the past year and I expect the momentum to continue. I look for the 4G iPhone to be announced soon

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