Apple Inc AAPL stock technical analysis for August 09, 2010
Resistance levels: $265.35, $263.59, $261.84
Support levels:$257.98, $255.87, $254.12
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 stock has nice solid support level is $240 area that will be long term support.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.
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 stock has nice solid support level is $240 area that will be long term support.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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