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Friday, October 15, 2010

Apple Inc. (AAPL) Stock Breaks $305

By Tim - http://stockstobuy.org

The following is technical analysis on Apple Inc (AAPL) stock for October 15, 2010

Apple Inc Support & Resistance Levels - 10/15/10

Resistance Levels: $310, $320, $325

Support Levels: $270, $262

http://stockcharts.com - Chart

Apple Inc. (AAPL) broke $305 this morning even as the stock market tanks. Apple Inc will probably stall here between $300-$310 but earnings are due out next week. Apple must deliver a solid quarter or the stock will retrace back to $270-$280 which is support. I would start selling Apple every $10 on the upside from here and wait for a pullback.
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