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Sunday, June 12, 2011

Apple Inc (AAPL) Stock Technical Analysis 6/12/11

The following is technical analysis on Apple Inc (AAPL) stock for June 13, 2011
Apple Inc AAPL Resistance, pivot & Support Levels – 06/13/2011

Resistance levels: $337.81, $333.84, $329.69


Pivot point: $327.69

Support levels:$323.72, $321.54, $317.57



Share of Apple Inc. (AAPL) was another big down day on Friday.Apple will now have resistance up at $330 & $335.Short term support level at $320 which is 200 day moving average.I think stock is buy for short term here. If Apple stock ever falls below $300 again,I will buy more in stock below $320 for long term.I feel Apple will hit $400 sometime in 2011.Apple will again be a hot technology stock in 2011.


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