Apple (AAPL) has cut iPhone 5 component orders for calendar Q1 due to weaker-than-expected demand - 1/14/13

The following is technical analysis on Apple Inc (AAPL) stock for January 14, 2013

Apple Inc AAPL Resistance, pivot &  Support Levels – 1/14/2013

Resistance levels:
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Share of Apple Inc. (AAPL) is trading $511 in pre market Monday.Apple (AAPL) has cut iPhone 5 component orders for calendar Q1 due to weaker-than-expected demand, sources tell the WSJ; display orders are said to be cut by ~50%. The Nikkei also claims display orders have been halved, albeit from an elevated level of 65M. The articles back up analyst reports of iPhone production and component order cuts, and raise the question of whether Apple needs a cheaper iPhone and/or one with a larger display to bolster its international share. Suppliers on watch: LPL, CRUS, OVTI, QCOM, BRCM, SWKS, TQNT, AVGO.The shares have edged down through support at the prior.The shares have edged down through support at the prior day close of $520. Next support is at the session low at $519.02, and then at $501.12. Resistance is at $525. My Membership people know when  buy and sell option or stock in daily basis which very good profitable trade last few weeks in call and put side.How to trade in apple get my Membership Access. Apple Inc. (AAPL) should trade $700-$750 in 2013?. This is my one of the Top Pick for 2013.  

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