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Tuesday, August 9, 2011

Apple Inc. (AAPL) Stock Analysis - 8/9/11

By Tim - http://stockstobuy.org

Apple Inc. (AAPL) is up in the mid $350's today and is seeing a bounce with the stock market. AAPL will now have support located between $350-$355. 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 $365 which was the price the stock failed at before the major decline. A close above $365 would be bullish.



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