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Saturday, October 16, 2010

Apple Inc. (AAPL) Stock Analysis 10/16/10

By Tim - http://stockstobuy.org

The following is technical analysis on Apple Inc (AAPL) stock for October 16, 2010

Apple Inc Support & Resistance Levels - 10/16/10

Resistance Levels: $320, $325

Support Levels: $300, $270, $262

http://stockcharts.com - Chart

Apple Inc. (AAPL) broke out well above $300 on Friday after Google's powerful earnings report. Apple Inc will be reporting earning on Monday. Apple will have resistance located at $325 but I'd be starting to take profits in the $300's given the large move. At some point, Apple stock will pullback as investors take profits.

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