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Friday, May 10, 2013

Apple (AAPL) Stock Analysis 5/13/13 May 13, 2013

Apple (AAPL) Stock Analysis 5/13/13 May 13, 2013 -

 
 

Apple (AAPL) stock dropped to the low $450's on Friday. Resistance is located between $460-$467.  With support located in the mid $440's, a break below $440 would be bearish in the short term.  On the technical side, the 10 day moving average has broken back above the 50 day moving average which is a buy signal.  Apple (AAPL) is expected to unveil iOS7 in June..

I believe Apple (AAPL) will hit $500 before $300

Also see - Top Stocks 2013 - Top Stock Gainers 2013