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Wednesday, July 27, 2011

Apple Inc. (AAPL) Stock Analysis - 7/27/11

By Tim - http://stockstobuy.org

Apple Inc. (AAPL) is dropping over 2% this morning as the debt ceiling deadline gets closer. AAPL will have support at $390 on the downside from here on out and pullbacks into the $380's are a strong buy. Apple Inc. (AAPL) reported blowout earnings on last week in which the company earned over 7.3 billion dollars for the quarter. I own AAPL and will be holding it until at least January 2012. AAPL will have resistance between $405-$410 on the upside.