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Friday, November 5, 2010

Apple Inc. (AAPL) Stock Analysis

By Tim - http://stockstobuy.org

The following is technical analysis on Apple Inc (AAPL) stock for November 5, 2010

Apple Inc Support & Resistance Levels - 11/5/10

Resistance Levels: $319, $325

Support Levels: $300, $292, $275

http://stockcharts.com - Chart

Apple Inc. (AAPL) is trading at $316.50 this morning after hitting a 52 week high yesterday. Apple Inc. will have resistance located at $320.18 which is the current 52 week high. If Apple can close above $319, I could see the stock easily running to $325-$330 before a pause. Apple has support on the downside located at $300. I'd be a seller of Apple on a break below $300 from here on out.
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