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Tuesday, December 4, 2012

Apple Inc (AAPL) Stock Technical Analysis December 5, 2012

The following is technical analysis on Apple Inc (AAPL) stock for December 5, 2012


Apple Inc AAPL Resistance, pivot &  Support Levels – 12/5/2012

Resistance levels:

Pivot point:
Support levels:
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Share of Apple Inc. (AAPL) is trading near $570 on Tuesday ah Apple has a new potential bullish pattern, levels to watch.There is a new potential bullish pattern developing.There is a new potential bullish pattern developing on the daily chart. That pattern is a bullish flag, has been formed by the recent consolidation of the move off the $500 area in the last two weeks. The pattern will not become active unless price breaks the top of the current bearish price channel, the flag, at the $590 area. If the pattern does trigger and completes, upside potential would be to the $635 area. The pattern would be voided if price instead breaks below the low of the bearish price channel, currently at the $572 area.Next short term support area is  Membership Access. Apple Inc. (AAPL) should trade $700-$750 in 2013?. This is my one of the Top Pick for 2012.  

Technical Analysis Stock Charts: Charts Below
60m chart
Daily chart
Weekly chart  


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