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Thursday, July 29, 2010

Apple Inc AAPL Stock Analysis - 7/29/10

By Tim - http://stockstobuy.org

The following is technical analysis of Apple Inc. (AAPL) stock for July 29, 2010

Apple Inc. (AAPL) Support & Resistance Levels - 7/29/10

Resistance Levels: $266, $279

Support Levels: $250, $240

http://stockcharts.com - Chart

Apple Inc. (AAPL) failed at $266 on Wednesday but continues to trade firmly above $260 today. Apple Inc should explode when the stock breaks above $266 as all the trend lines are starting to turn up which is very bullish. My next target for Apple after $266 is the 52 week high located at $279. Pullbacks below $250 are a strong buy going forward.

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