Monday, December 20, 2010

Apple Inc (AAPL) Stock Technical Analysis

The following is technical analysis on Apple Inc (AAPL) stock for December 20, 2010

Apple Inc AAPL Resistance, pivot & Support Levels - 12/20/2010

Resistance levels: $323.35, $322.43, $321.52

Pivot point: $320.87

Support levels:$319.96, $319.31, $318.31



Apple Inc. (AAPL) will have minor resistance located at $325-$330 Apple Inc. (AAPL) found short term support area $300.I think stock is for long term buy $280.Apple share will not next leg as long as break over $321.Next support area 50 day moving average at $256.Apple should hang around the $291-$300 zone for a little while before the next major move.I think stock is for long term buy $280.I will keep waiting for in this area again long term next 6 months apple could see $330-$350 target.

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