Sunday, July 15, 2012

Apple Inc (AAPL) Stock Technical Analysis July 2012

The following is technical analysis on Apple Inc (AAPL) stock for July 16, 2012 
 

Apple Inc AAPL Resistance, pivot & Support Levels – 7/16/2012

Resistance levels: $615.29, $611.24, $608.10


Pivot point: $604.05

Support levels: $600.91, $596.86, $593.72




Share of Apple Inc. (AAPL) is trading over $590 last week and stock closed at $605 on Friday.Next short term support area is $590. Apple has next resistance $610-$618.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.

For more Technical Analysis -Go Here 

For the latest updates on the stock market, visit, 
http://daytradingstock-blog.blogspot.com/