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Tuesday, November 27, 2012

Apple (AAPL) Stock Analysis 11/27/12 November 27, 2012

Apple (AAPL) stock Analysis 11/27/12 November 27, 2012

Shares of Apple (AAPL) spiked yesterday on an upgrade and are trading at $593 this morning after iPhone 5 ship times drop to 1 week.  Apple (AAPL) is now testing the 200 day moving average located at $594.  The next major resistance level after $594 is $603 and then $611.

Apple (AAPL) never should have dropped below $580 but forced liquidation due to the fiscal cliff caused a domino effect of selling that spiraled out of control.

Also see - Top Stocks 2013 - Top Gold Stocks 2013