The following is technical analysis on Apple Inc (AAPL) stock for November 16, 2010
Apple Inc Support & Resistance Levels - 11/16/10
Resistance Levels: $312, $321
Support Levels: $300, $292
http://stockcharts.com - Chart
Apple Inc. (AAPL) is falling back to $303 as the stock market sells off. Apple Inc will have support located at $300 as well as $291. Apple remains a strong buy below $291. Investment manager Ken Heebner dumped most of his Apple position from his portfolio recently and this probably added to the downside pressure last week. If Apple breaks $300, it may become a great short for a swing trade.
Apple Inc Support & Resistance Levels - 11/16/10
Resistance Levels: $312, $321
Support Levels: $300, $292
http://stockcharts.com - Chart
Apple Inc. (AAPL) is falling back to $303 as the stock market sells off. Apple Inc will have support located at $300 as well as $291. Apple remains a strong buy below $291. Investment manager Ken Heebner dumped most of his Apple position from his portfolio recently and this probably added to the downside pressure last week. If Apple breaks $300, it may become a great short for a swing trade.
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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/