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Wednesday, May 15, 2013

Apple (AAPL) Stock Analysis 5/16/13 May 16, 2013

Apple (AAPL) Stock Analysis 5/16/13 May 16, 2013 -

 
 

Apple (AAPL) stock dropped another 4% on Wednesday after the stock broke down technically on Tuesday.  Apple (AAPL) shares rallied 22% in a short period of time so a correction was to be expected.  Now since the stock is dropping everyone is wondering why.  Apple (AAPL) will have support between $417-$420, a break below that area would set up a retest of $410.  Apple (AAPL) is a strong buy below $400.

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

Also see - Top Stocks 2013 - Top Stock Gainers 2013



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