Apple Inc (AAPL) Stock Technical Analysis - 2/21/12

The following is technical analysis on Apple Inc (AAPL) stock for February 21, 2012 
 
Apple Inc AAPL Resistance, pivot & Support Levels – 2/21/2012

Resistance levels: $514.36, $511.06, $506.59

Pivot point: $503.29

Support levels: $498.82, $495.52,  $491.05

Share of Apple Inc. (AAPL) is rebound on Friday.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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