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Wednesday, March 21, 2012

Apple Inc (AAPL) Stock Technical Analysis - 3/21/12

The following is technical analysis on Apple Inc (AAPL) stock for March 21, 2012 
 

Apple Inc AAPL Resistance, pivot & Support Levels – 3/21/2012

Resistance levels: $639.47, $623.18, $614.57


Pivot point: $598.28

Support levels: $589.67, $573.36,  $564.77




Share of Apple Inc. (AAPL) is trading near 52 weeks high Tuesday and stock is trading $600 in pre market Wednesday.Next short term support area is $565 which is 9 day moving average and Apple could good buying opportunity.Apple has next resistance $606.Long term support level 200 ema.I think stock is buy under $500 any market correction.Apple Inc. (AAPL) should trade $600-$625 in 2012.This is my one of the Top Pick for 2012.

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