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Monday, April 2, 2012

Apple Inc (AAPL) Stock Technical Analysis - 4/2/12

The following is technical analysis on Apple Inc (AAPL) stock for April 2, 2012 
 

Apple Inc AAPL Resistance, pivot & Support Levels – 4/2/2012

Resistance levels: $620.04, $615.30, $607.42


Pivot point: $602.68

Support levels: $594.80, $590.06,  $582.18




Share of Apple Inc. (AAPL) is trading near $600 last friday.Next short term support area is $593 which is 14 day moving average and Apple could good buying opportunity.Apple has next resistance $620.Long term support level 200 ema.I think stock is buy under $500 any market correction.Apple Inc. (AAPL) should trade $625-$650 in 2012.This is my one of the Top Pick for 2012.

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