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Monday, September 10, 2012

Apple Inc (AAPL) Stock Technical Analysis 9/11/12

The following is technical analysis on Apple Inc (AAPL) stock for September 11, 2012 
 

Apple Inc AAPL Resistance, pivot & Support Levels – 9/11/2012

Resistance levels: $697.84, $690.56, $676.85


Pivot point: $669.37

Support levels: $655.46, $648.18, $634.27




Share of Apple Inc. (AAPL) is trading over $660.Next short term support area is $650 which Apple could good buying opportunity.Apple has next resistance $685-$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 $683.29 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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