Thursday, September 16, 2010

Apple Inc AAPL Technical Analysis

Apple Inc AAPL Technical Analysis - 09/16/2010

Apple Inc AAPL stock technical analysis for September 16, 2010

Resistance levels: $272.92, $272.02, $271.12



Support levels:$268.58, $266.99, $266.04




Apple Inc. (AAPL) closed over $270 which is bullish sign. Apple Inc will not have major resistance $272-$279 after closing above $266 on Monday. Apple has support down around $258-$260 which must continue to hold. Apple will begin selling the iPad in China very soon which will be a positive stock.Stock has next resistance level will be $272-$279 and support level located $250. 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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