Tuesday, August 17, 2010

Apple Inc AAPL Technical Analysis

Apple Inc AAPL Technical Analysis - 08/17/2010

Apple Inc AAPL stock technical analysis for August 17, 2010

Resistance levels: $253.40, $251.48, $249.56



Support levels:$246.17, $244.70, $242.78




The share of Apple, Inc  is trading under $250 now which is short term bearish.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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