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Friday, July 9, 2010

Apple Inc AAPL Stock Analysis - 7/9/10

By Tim - http://stockstobuy.org

The following is technical analysis of Apple Inc. (AAPL) stock for July 9, 2010

Apple Inc. (AAPL) Support & Resistance Levels - 7/9/10

Resistance Levels: $265

Support Levels: $250, $242, $231

http://stockcharts.com - Chart

Apple Inc. (AAPL) closed back above all three major moving averages on Thursday but lagged the stock market. Apple Inc will be reporting earnings in a few weeks which are expected to be incredible. Apple remains a strong buy below $250 and I plan to do more buying if we get down there again. Resistance is located around $265-$266.

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