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Sunday, December 18, 2011

Apple Inc (AAPL) Stock Technical Analysis - 12/18/11

The following is technical analysis on Apple Inc (AAPL) stock for December 19, 2011
 

Apple Inc AAPL Resistance, pivot & Support Levels – 12/19/2011

Resistance levels: $388.17, $380.16, $383.59

 
Pivot point: $381.58

Support levels: $379.01, $377.00, $374.43


Share of Apple Inc. (AAPL) is closed over $381 onFriday and stock is down  trend now.Next short term support area is $365 which is 200 ema Aaple could good buying opportunity.Apple will now have resistance up at $400.If Aaple has next resistance $396 if break resistance could be $405.Short term support level  200 ema.I think stock is buy under $350 any market correction.


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