The following is technical analysis on Apple Inc (AAPL) stock for October 28, 2010
Apple Inc Support & Resistance Levels - 10/28/10
Resistance Levels: $319, $325
Support Levels: $300, $292, $275
http://stockcharts.com - Chart
Apple Inc. (AAPL) is seeing some weakness this afternoon and is trading down around $302. In my last post, I pointed out that Apple Inc. closed below the 10 day moving average and could be getting ready to test $300. Apple has support down at $291 so this is where I'd put my stop if I was trading it. I would buy into Apple again between $275-$280 if we saw that area retested. Long term, Apple is a great stock but pullbacks are healthy.
Apple Inc Support & Resistance Levels - 10/28/10
Resistance Levels: $319, $325
Support Levels: $300, $292, $275
http://stockcharts.com - Chart
Apple Inc. (AAPL) is seeing some weakness this afternoon and is trading down around $302. In my last post, I pointed out that Apple Inc. closed below the 10 day moving average and could be getting ready to test $300. Apple has support down at $291 so this is where I'd put my stop if I was trading it. I would buy into Apple again between $275-$280 if we saw that area retested. Long term, Apple is a great stock but pullbacks are healthy.
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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/