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Friday, July 12, 2013

Apple (AAPL) Stock Analysis 7/15/13 July 15, 2013

Apple (AAPL) Stock Analysis 7/15/13 July 15, 2013 -

 
 

Apple (AAPL) stock hit $430 on Friday but then sold off around $6.  Apple (AAPL) will now need to break $433 or risk a correction back to $410.  Recently, Raymond James upgraded Apple (AAPL) and gave a $600 price target on the stock.  The firm thinks shares have bottomed and earnings will improve during the 2nd half of 2013.  Apple (AAPL) will face strong resistance around $433 which is the 50 day moving average.

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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