Saturday, August 14, 2010

Apple Inc AAPL Technical Analysis


Apple Inc AAPL Technical Analysis - 08/16/2010

Apple Inc AAPL stock technical analysis for August 16, 2010

Resistance levels: $254.67, $252.81, $250.95



Support levels:$248.16, $247.23, $245.37




The share of Apple, Inc  is trading $253-$265 last few days. but stock broke short term support $250.Next big support level is $240-$245 area.Breakout resistance level is $265-$270 area. 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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Good Luck .. Trade Smart!

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