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Sunday, October 23, 2011

Apple Inc. (AAPL) Stock Analysis - 10/23/11

By Tim - http://stockstobuy.org

Apple Inc. (AAPL) managed to hold $390 on Friday but was still very weak. Apple Inc. (AAPL) will break down technically if the stock closes back below $390. Apple Inc. (AAPL) will then probably see a bounce if it falls to $370-$375. On the upside, if AAPL closed back above $400, it would silence a lot of critics. Apple Inc. (AAPL) is now a good short trade with a tight stop.