Pages

Tuesday, August 6, 2013

Apple (AAPL) Stock Analysis 8/7/13 August 7, 2013

Apple (AAPL) Stock Analysis 8/7/13 August 7, 2013 -

 
 

Apple (AAPL) stock failed at the 200 day moving average on Tuesday and I was stopped out at $468.  Apple (AAPL) will continue to have resistance located around $472 as well as $482.  Apple (AAPL) will have strong support in the $430's.  The stock has jumped over $80 since everyone gave up on it below $400.  Apple (AAPL) is a strong buy below $420.

I continue to believe Apple (AAPL) will hit $500 before $300....a few months ago, there was a strong debate about this.

Also see - Top Stocks 2013 - Top Stock Gainers 2013