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Sunday, January 22, 2012

Apple Inc (AAPL) Stock Technical Analysis 2012

The following is technical analysis on Apple Inc (AAPL) stock for January 17, 2012
 

Apple Inc AAPL Resistance, pivot & Support Levels – 1/17/2012

Resistance levels: $422.42, $421.44, $420.62

 
Pivot point: $419.64

Support levels: $418.82, $417.84 $417.02


Share of Apple Inc. (AAPL) is closed  $419.81 on Friday.Company will release earning Tuesday after market close.Next short term support area is $390 Aaple could good buying opportunity.Apple will now have resistance up at $427.75. Aaple has next resistance $427 if break resistance could be $440-$450.Long term support level  200 ema.I think stock is buy under $350 any market correction.


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