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Thursday, August 25, 2011

Apple Inc (AAPL) Stock Technical Analysis - 8/25/11

The following is technical analysis on Apple Inc (AAPL) stock for August 25, 2011
Apple Inc AAPL Resistance, pivot & Support Levels – 08/25/2011

Resistance levels: $402.35, $390.67, $373.35

 
Pivot point: $361.67

Support levels:$344.35, $332.67, $315.35



Share of Apple Inc. (AAPL) are down $19.45, or 5%, at $356.73 in late trading after the company announced after market close. CEO: Tim Cook was brought on board from Compaq in 1998, initially to oversee manufacturing. He filled in as CEO for two months in 2004, when Jobs was recuperating from surgery, and later assumed responsibility for worldwide sales and its Mac computer division before being appointed COO in 2005. Cook stepped in for Jobs once again during Jobs' 2009 medical leave. AAPL -5.1% AH.Apple will now have resistance up at $384 followed by $400.Short term support level at $336 which 200 ema.I think stock is buy under $350.


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