By Tim - http://stockstobuy.org
The following is technical analysis of Apple Inc. (AAPL) stock for July 15, 2010
Apple Inc. (AAPL) Support & Resistance Levels - 7/15/10
Resistance Levels: $266, $279
Support Levels: $250, $242, $231
http://stockcharts.com - Chart
Apple Inc. (AAPL) is trying to hold $250 on a closing basis as the company tries to solve the iPhone 4 antenna problem. Apple Inc has resistance located at $256 as well as $263-$266. If Apple can break out and close above $266, I think the stock can make a run at a new 52 week high. Apple is set to report earnings July 20th. Pullbacks to the 200 day moving average are a strong buy.
Apple Inc. (AAPL) is trying to hold $250 on a closing basis as the company tries to solve the iPhone 4 antenna problem. Apple Inc has resistance located at $256 as well as $263-$266. If Apple can break out and close above $266, I think the stock can make a run at a new 52 week high. Apple is set to report earnings July 20th. Pullbacks to the 200 day moving average are a strong buy.
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