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Monday, March 12, 2012

Apple Inc (AAPL) Stock Technical Analysis - 3/12/12

The following is technical analysis on Apple Inc (AAPL) stock for March 12, 2012 
 

Apple Inc AAPL Resistance, pivot & Support Levels – 3/12/2012

Resistance levels: $552.20, $549.97, $547.57


Pivot point: $545.34

Support levels: $542.94, $540.71,  $538.31




Share of Apple Inc. (AAPL) is trading near 52 weeks high in Friday.Next short term support area is $530 which is 9 day moving average and Aaple could good buying opportunity.Aaple has next resistance $550.Long term support level 200 ema.I think stock is buy under $500 any market correction.Apple Inc. (AAPL) should trade $570-$600 in 2012.This is my one of the Top Pick for 2012.

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