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) is trading under200 ema on Monday 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.
For more Technical Analysis -Go Here
For the latest updates on the stock market, visit,
http://daytradingstock-blog.blogspot.com/