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Friday, August 12, 2011

Apple Inc. (AAPL) Stock Analysis - 8/12/11

By Tim - http://stockstobuy.org

Apple Inc. (AAPL) failed at $379 at the open on Friday and is only 5% away from a 52 week high. AAPL will have support located between $360-$365. Apple Inc. (AAPL) recently reported blowout earnings 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 at $380 which the stock had a hard time breaking last week. If we see a drop below $350, AAPL is a strong buy!



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