By Tim - http://stockstobuy.org
The following is technical analysis of Apple Inc. (AAPL) stock for June 17, 2010
Apple Inc. (AAPL) Support & Resistance Levels - 6/17/10
Resistance Levels: $260, $265, $273
Support Levels: $240
http://stockcharts.com - Chart
Apple Inc. (AAPL) closed above $265 on Wednesday after a powerful move in the past week off $242.20. Apple now only has resistance located at $272.46 which is the 52 week high. If Apple Inc can close above this level, I think it can easily run up to $280-$290. I plan to add to my long position if the stock falls below $250.
Apple Inc. (AAPL) closed above $265 on Wednesday after a powerful move in the past week off $242.20. Apple now only has resistance located at $272.46 which is the 52 week high. If Apple Inc can close above this level, I think it can easily run up to $280-$290. I plan to add to my long position if the stock falls below $250.
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