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Monday, June 20, 2011

Apple Inc (AAPL) Stock Technical Analysis 6/20/11

The following is technical analysis on Apple Inc (AAPL) stock for June 20, 2011
Apple Inc AAPL Resistance, pivot & Support Levels – 06/20/2011

Resistance levels: $339.14, $332.84, $326.55


Pivot point: $322.95

Support levels:$316.95, $313.06, $306.77

Share of Apple Inc. (AAPL) was tested in 200 ema on Friday which log term buy here and I took my some long term buy under $320.Apple will now have resistance up at $325 & $330.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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