Apple Inc AAPL Resistance, pivot & Support Levels – 06/06/2011
Resistance levels: $348.65, $346.91, $345.59
Pivot point: $343.59
Support levels:$341.85, $340.27, $338.53
Share of Apple Inc. (AAPL) was flat on Friday.Apple will now have resistance up at $350 & $355.Short term support level at $326.I think stock is buy for short term here.AAPL has excellent management and a great vision for the future. If Apple stock ever falls below $300 again, I am holding long position from low $320.I feel Apple will hit $400 sometime in 2011.Apple will again be a hot technology stock in 2011.
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