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Thursday, March 8, 2012

Apple (AAPL) Stock Analysis March 8, 2012

By Tim - http://stockstobuy.org

The following is stock technical analysis for Apple Inc. (AAPL) for March 8, 2012

Apple Inc. (AAPL) Support & Resistance Levels - 3/8/12

Resistance - $540

Support - $526, $516


Apple Inc. (AAPL) stock is now trading in the $530's after the iPad 3 announcement. Apple Inc. (AAPL) will now resistance around $540. Apple Inc. (AAPL) is a strong buy on all major pullbacks to the 50 day moving average. 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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