Tuesday, May 18, 2010

Apple Inc AAPL Technical Analysis

Apple Inc AAPL Technical Analysis - 05/18/2010

Resistance levels: $264.65, $261.17, $257.69

Support levels:$252.70, $2.44.23, $240.75 



The share of Apple, Inc  nice rebound Monday from $247 level but stock trading under 9 day moving average which is bearish but when market rebound we need to be part of the big stock like Apple. Next resistance level is  $260.Now stock got new support is $250.Still my rise target could easily see a move toward $280-$300 year end.

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Good Luck .. Trade Smart!

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