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Sunday, September 16, 2012

Apple Inc (AAPL) Stock Technical Analysis September 16, 2012

The following is technical analysis on Apple Inc (AAPL) stock for September 17, 2012 
 

Apple Inc AAPL Resistance, pivot & Support Levels – 9/17/2012

Resistance levels: $705.30, $701.14, $696.21


Pivot point: $692.05

Support levels: $687.12, $682.96, $678.03




Share of Apple Inc. (AAPL) is trading over $690.Next short term support area is $656 which Apple could good buying opportunity.Apple has next resistance $696-$700.Long term support level 200 ema.I think stock is buy under $500 any market correction.Apple Inc. (AAPL) should trade $700 in 2012?. The tech giant continued to trade lower in extended-hours trading after tumbling more than 2 percent in the regular session. Shares briefly hit an all-time high of $686.98 a share near the market open before pulling back. The company is expected to unveil the iPhone 5 on Wednesday. This is my one of the Top Pick for 2012.

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