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Tuesday, September 7, 2010

Apple Inc. (AAPL) Stock Analysis - 9/7/10

By Tim - http://stockstobuy.org/

The following is technical analysis of Apple Inc. (AAPL) stock for September 7, 2010

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

Resistance Levels: $260, $266

Support Levels: $254, $250

http://stockcharts.com - Chart

Apple Inc. (AAPL) spiked above the 50 day moving average and closed at the high of the day. Apple Inc now has resistance located at $260 and then $266. If Apple closes back above $266, I think it could run back up and test $275-$279.01 which is the current 52 week high. On the downside, Apple remains a strong buy below $240.
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