By Tim - http://stockstobuy.org
The following is technical analysis on Apple Inc (AAPL) stock for October 11, 2010
Apple Inc Support & Resistance Levels - 10/11/10
Resistance Levels: $290 - $300
Support Levels: $270, $262
http://stockcharts.com - Chart
Apple Inc. (AAPL) hit $297.24 which is a new 52 week high today. Apple Inc has resistance located at $300 but after that we will have to take a look at the price action and volume. Will Wall Street sell Apple above $300 when it gets there or buy more? I would sell Apple above $300 and wait for a meaningful pullback. Apple has long term support located at $275 but if the stock drops below that level, I would start to get back in. Apple is limiting China citizens to 1 iPhone now due to the strong demand.
Apple Inc Support & Resistance Levels - 10/11/10
Resistance Levels: $290 - $300
Support Levels: $270, $262
http://stockcharts.com - Chart
Apple Inc. (AAPL) hit $297.24 which is a new 52 week high today. Apple Inc has resistance located at $300 but after that we will have to take a look at the price action and volume. Will Wall Street sell Apple above $300 when it gets there or buy more? I would sell Apple above $300 and wait for a meaningful pullback. Apple has long term support located at $275 but if the stock drops below that level, I would start to get back in. Apple is limiting China citizens to 1 iPhone now due to the strong demand.
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Today's Biggest Stock Market Gainers - Top 2010 Stock Gainers - Top 2010 Penny Stocks - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Stocks for 2010
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/
