The following is technical analysis on Apple Inc (AAPL) stock for December 23, 2010 Apple Inc AAPL Resistance, pivot & Support Levels - 12/23/2010
Resistance levels: $327.55, $326.75, $325.95
Pivot point: $324.75
Support levels:$323.95, $322.75, $321.95
Apple Inc. (AAPL) is trading new 52 weeks high which is $325.72.Stock will have minor resistance located at $330.If break over $330 Apple Inc. (AAPL) could see $350-$375 my next 2011 target. I think stock is for long term buy $280.Apple share will not next leg as long as break over $330.Apple should hang around the $291-$300 support line for stop here if you are long term holder.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 $350-$375 target.
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