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Tuesday, May 1, 2012

Apple (AAPL) Stock Analysis May 1 2012

By Tim - http://stockstobuy.org

The following is stock technical analysis for Apple Inc. (AAPL) for May 1, 2012

Apple Inc. (AAPL) Support & Resistance Levels - 5/1/12

Resistance - $615

Support - $580


Apple Inc. (AAPL) is jumping $3 per share in pre market this morning. Apple Inc. (AAPL) will have resistance at $600 today but then nothing major until $615. Apple Inc. (AAPL) is a strong buy on all pullbacks below the 50 day moving average ( currently around $580 ). If you give Apple (AAPL) the current Facebook (FB) valuation, the stock should be trading at $1200. AAPL stock has price targets above $800 for 2012/2013.

AAPL was on my Top Stock Picks 2012 List and Top Technology Stocks 2012 List.


http://www.stockstobuy.org/forum/topics/apple-aapl-stock-hits-600-is-700-next-aapl

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