Friday, August 6, 2010

Apple Inc AAPL Technical Analysis 8/6/10

Apple Inc AAPL Technical Analysis - 08/06/2010

Apple Inc AAPL stock technical analysis for August 06, 2010

Resistance levels: $265.81, $264.44, $263.07


Support levels:$260.44, $259.18, $257.81





Apple is trading $255-$265 last few weeks, if stock break over $265  that will big break out and also market will breakout too.Let see what is next. I think stock got solid support $250 area.Next resistance will be $270 and $279 area.I think there is next EPS data to support the $300+ price target we've heard several analysts mention for year-end.The share of Apple, Inc nice rebound last week, I stock has nice solid support level is $240 area.I still believe year end target could easily see a move toward $280-$300 year end.I think good buy near $220-$230 any bad news for long term.

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