Tuesday, May 29, 2012

Apple Inc (AAPL) Stock Technical Analysis May 29, 2012

The following is technical analysis on Apple Inc (AAPL) stock for May 29, 2012 
 

Apple Inc AAPL Resistance, pivot & Support Levels – 5/29/2012

Resistance levels: $573.31, $569.58, $565.93


Pivot point: $562.20

Support levels: $558.55, $554.82, $551.17




Share of Apple Inc. (AAPL) is closed at $562.29 on Friday.Next short term support area is $500.Apple has next resistance $578.Long term support level 200 ema.I think stock is buy under $500 any market correction.Is Apple Inc. (AAPL) should trade $700 in 2012?. This is my one of the Top Pick for 2012.

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