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Monday, August 2, 2010

Apple Inc AAPL Stock Analysis - 8/2/10

By Tim - http://stockstobuy.org

The following is technical analysis of Apple Inc. (AAPL) stock for August 2, 2010

Apple Inc. (AAPL) Support & Resistance Levels - 8/2/10

Resistance Levels: $266, $279

Support Levels: $250, $240

http://stockcharts.com - Chart

Apple Inc. (AAPL) stock is pulling back to the 10 and 50 day moving average after failing again at $256. Apple Inc has major support located at $255 and $250 but then nothing until about $240. If Apple stock would fall back to $240, it would be a screaming buy. Apple will have resistance located at $266 but then nothing until the 52 week high at $279.

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