By Tim - http://stockstobuy.org
The following is technical analysis on Apple Inc (AAPL) stock for April 5, 2011
Apple Inc (NASDAQ:AAPL) Support & Resistance Levels - 4/5/11
Resistance Levels: $348
Support Levels: $330, $326,
http://stockcharts.com - Chart
Apple Inc. (AAPL) stock closed back below $340 on Tuesday. Apple Inc (AAPL) will now have solid support located at $336 as well as $330. Apple will have resistance up at $345-$348. Apple should be able to hold $330 in the short term and start to build a base here. 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 - 4/5/11
Resistance Levels: $348
Support Levels: $330, $326,
http://stockcharts.com - Chart
Apple Inc. (AAPL) stock closed back below $340 on Tuesday. Apple Inc (AAPL) will now have solid support located at $336 as well as $330. Apple will have resistance up at $345-$348. Apple should be able to hold $330 in the short term and start to build a base here. 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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