Apple Inc (AAPL) Stock Technical Analysis - 2/15/12

The following is technical analysis on Apple Inc (AAPL) stock for February 16, 2012 
 
Apple Inc AAPL Resistance, pivot & Support Levels – 2/16/2012

Resistance levels: $546.41, $536.35, $517.01

Pivot point: $506.95

Support levels: $487.61, $477.55,  $458.21

Share of Apple Inc. (AAPL) is another new 52 weeks high and sold off today which is hort term top today.Next short term support area is $470 Aaple could good buying opportunity. Aaple has next resistance $526.Long term support level  200 ema.I think stock is buy under $400 any market correction.Apple Inc. (AAPL) should trade $530 in 2012.This is my one of the Top Pick for 2012. 

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