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Tuesday, October 26, 2010

Apple Inc. (AAPL) Stock Analysis 10/26/10

By Tim - http://stockstobuy.org

The following is technical analysis on Apple Inc (AAPL) stock for October 26, 2010

Apple Inc Support & Resistance Levels - 10/26/10

Resistance Levels: $320, $325

Support Levels: $300, $292, $275

http://stockcharts.com - Chart

Apple Inc. (AAPL) closed at $308.05 on 10/26/10 which is below the 10 day moving average. Apple Inc. may now see a bit of technical selling but should bounce at $300 if tested. Apple is currently trading well above it's 50 & 200 day moving averages. Historically, Apple finds some way to eventually test these averages. While the stock is forming a solid base above $300, the stock still has resistance located at $319.

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