The following is technical analysis on Apple Inc (AAPL) stock for January 19, 2011
Apple Inc (NASDAQ:AAPL) Support & Resistance Levels - 1/19/11
Resistance Levels: $350
Support Levels: $330, $322, $308
http://stockcharts.com - Chart
Apple Inc. (AAPL) sold off and closed below the 10 day moving average today. Apple Inc (AAPL) will now have resistance located at $350. Several analysts on Wall St. have 2011 price targets up in $400's on Apple. I feel Apple will hit $400 sometime in 2011, the question is when. AAPL has excellent management and a great vision for the future. If Apple stock ever fell below $300 again, I will take a new long position.
Apple Inc (NASDAQ:AAPL) Support & Resistance Levels - 1/19/11
Resistance Levels: $350
Support Levels: $330, $322, $308
http://stockcharts.com - Chart
Apple Inc. (AAPL) sold off and closed below the 10 day moving average today. Apple Inc (AAPL) will now have resistance located at $350. Several analysts on Wall St. have 2011 price targets up in $400's on Apple. I feel Apple will hit $400 sometime in 2011, the question is when. AAPL has excellent management and a great vision for the future. If Apple stock ever fell below $300 again, I will take a new long position.
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