Apple Inc (AAPL) Stock Analysis

By Tim - http://stockstobuy.org

The following is technical analysis on Apple Inc (AAPL) stock for November 20, 2010

Apple Inc Support & Resistance Levels - 11/20/10

Resistance Levels: $311, $321

Support Levels: $300, $291

http://stockcharts.com - Chart

Apple Inc. (AAPL) closed just below $307 on Friday. Apple Inc will have support located at $300 today as well as $291. Apple remains a strong buy below $291.

Apple is in a mini downtrend at the moment and won't really break out of it until the stock closes back above $311. With the 50 day moving average at $298.49 and rising, Apple should hold the $291-$300 zone for a little while before the next major move.

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