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Wednesday, January 5, 2011

Apple Inc (AAPL) Stock 1/5/11 January 5, 2011

By Tim - http://stockstobuy.org

The following is technical analysis on Apple Inc (AAPL) stock for January 5, 2011

Apple Inc Support & Resistance Levels - 1/5/11

Resistance Levels: $340

Support Levels: $325, $320

http://stockcharts.com - Chart

Apple Inc. (AAPL) made a new 52 week high Wednesday, closing at $334. Apple Inc will now have resistance at $332.50 followed by $340. AAPL stock remains a strong buy on all major pullbacks in 2011. Apple will have support located at $325 followed by $320. The best thing for Apple this year would be a 3/1 stock split but the chances for this are slim. AAPL received an upgrade today with a price target of $410 at Deutsche Bank. Apple should see $400 by 2012 pre split.

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