Apple Inc AAPL Resistance, pivot & Support Levels – 06/08/2011
Resistance levels: $344.54, $340.37, $336.20
Pivot point: $334.05
Support levels:$329.88, $327.73, $323.56
Share of Apple Inc. (AAPL) was 2% down on Tuesday.Apple will now have resistance up at $340 & $345.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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