By Tim - http://stockstobuy.org
The following is technical analysis on Apple Inc (AAPL) stock for March 31, 2011
Apple Inc (NASDAQ:AAPL) Support & Resistance Levels - 3/31/11
Resistance Levels: $354
Support Levels: $330, $326,
http://stockcharts.com - Chart
Apple Inc. (AAPL) is trading around $350 this morning and is flat on the day. Apple Inc (AAPL) could be continuing the downtrend after making a high in the $350's on Monday and correcting. Apple will now have resistance up at $354.32 & $357. Apple has support located at the 50 day moving average around $347. AAPL remains a strong buy below $300 if we ever see a major correction again but this is now becoming less likely. I continue to think Apple Inc. (AAPL) will be much higher by the end of the year. The last major upgrade for Apple was $500 per share.
Apple Inc (NASDAQ:AAPL) Support & Resistance Levels - 3/31/11
Resistance Levels: $354
Support Levels: $330, $326,
http://stockcharts.com - Chart
Apple Inc. (AAPL) is trading around $350 this morning and is flat on the day. Apple Inc (AAPL) could be continuing the downtrend after making a high in the $350's on Monday and correcting. Apple will now have resistance up at $354.32 & $357. Apple has support located at the 50 day moving average around $347. AAPL remains a strong buy below $300 if we ever see a major correction again but this is now becoming less likely. I continue to think Apple Inc. (AAPL) will be much higher by the end of the year. The last major upgrade for Apple was $500 per share.
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