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Friday, August 5, 2011

Apple Inc. (AAPL) Stock Analysis - 8/5/11

By Tim - http://stockstobuy.org

Apple Inc. (AAPL) got caught up in the selling on Wall St today and briefly fell below $365 before a massive rally. AAPL will now have support located around $360. 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 between $405-$410 on the upside.