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Tuesday, June 22, 2010

Apple Inc AAPL Stock - June 22, 2010

By Tim - http://stockstobuy.org

The following is technical analysis of Apple Inc. (AAPL) stock for June 22, 2010

Apple Inc. (AAPL) Support & Resistance Levels - 6/22/10

Resistance Levels: $275, $280, $290

Support Levels: $267, $260, $255

http://stockcharts.com - Chart

Apple Inc. (AAPL) hit a new 52 week high at $279 and then had a sharp reversal on Monday. Apple could be setting up to pull back to the 10 & 50 day moving average between $255-$260 and if we see this, the stock would be a buy. I would get even more aggressive if I saw Apple Inc drop below $250.

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