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Friday, September 3, 2010

Apple Inc. (AAPL) Stock Up to $255 Now

By Tim - http://stockstobuy.org/

The following is technical analysis of Apple Inc. (AAPL) stock for September 3, 2010

Apple Inc. (AAPL) Support & Resistance Levels - 9/3/10

Resistance Levels: $260, $266

Support Levels: $254, $250

http://stockcharts.com - Chart

Apple Inc. (AAPL) is surging above the 50 day moving average today and is now back above all three major moving averages. Apple Inc needs to hold the $253 level on the downside and if we see a close above the 50 day, I think the stock can go back up to test the $260-$266 area. Is Apple ready to rally to new highs? If Apple closes back above $266, I could see the stock running back to $275-$280.
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