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Tuesday, March 19, 2013

Apple (AAPL) Stock Analysis 3/20/13 March 20, 2013

Apple (AAPL) Stock Analysis 3/20/13 March 20, 2013 -

 
 

Apple (AAPL) stock failed near the 50 day moving average on Tuesday after several positive developments last week.  Apple (AAPL) is now pulling back near $450 after topping around $461.  Apple (AAPL) will now have resistance between $461-$463.

Apple (AAPL) has strong support between $405-$420 as well as the $390's.  With a dividend increase imminent, I don't see much downside for the stock from here.  Continue to buy the big dips, sell into rallies.

Also see - Top Stocks 2013 - Top Stock Gainers 2013