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Sunday, March 11, 2012

Apple (AAPL) Stock Analysis March 12, 2012


By Tim - http://stockstobuy.org

The following is stock technical analysis for Apple Inc. (AAPL) for March 12, 2012

Apple Inc. (AAPL) Support & Resistance Levels - 3/12/12

Resistance - $540

Support - $526, $516


Apple Inc. (AAPL) stock failed to hit a new 52 week high on Friday. Apple Inc. (AAPL) will now resistance around $549. Apple Inc. (AAPL) is a strong buy on all major pullbacks to the 50 day moving average ( currently around $470 ). If you give Apple the current Facebook (FB) valuation, AAPL should be trading at $1200. AAPL stock has 2012 price targets above $600-$700.



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