Apple Inc AAPL Resistance, pivot & Support Levels - 04/22/2010Resistance levels: $265, $275
The share of Apple, Inc.’s stock nearly 6% jump in Wednesday, the day after its earnings release, seems to to be all brokers bullish about apple stocks.Now stock got new support is $250 and new resistance is 275+. Share of aapl got another 52 weeks high.Stock also over all moving average which is very bullish.But short-term stock may be overbought.Finally stock is getting my short term target $250+.I think everyone sell in open but buy in mid $240 will goo short term buy which is 9 ema.Stock also over all moving average which is very bullish.But short-term stock may be overbought. Apple will go buy will be near 50 ema which is $224 which is strong buy signal again. For longer-term I will keep on my $220 level in my stop side.I raised my rise target could easily see a move toward $280-$300 year end.
Good Luck .. Trade Smart!
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