Apple Inc AAPL Resistance, pivot & Support Levels – 04/18/2011
Resistance levels: $340.48, $336.14, $331.80
Pivot point: $329.30
Support levels:$324.96, $322.46, $318.12
Share of Apple Inc. (AAPL) was down 2% on Friday. Apple will now have resistance up at $343 & $354.Short term support level at $326.I think stock is buy for short term here.AAPL has excellent management and a great vision for the future. If Apple stock ever falls below $300 again, I will take a new long position.I feel Apple will hit $400 sometime in 2011.Apple will again be a hot technology stock in 2011.
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