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Tuesday, April 19, 2011

Apple Inc (AAPL) Stock Technical Analysis 4/19/11

The following is technical analysis on Apple Inc (AAPL) stock for April 19, 2011
Apple Inc AAPL Resistance, pivot & Support Levels – 04/19/2011

Resistance levels: $344.30, $340.15, $336.00


Pivot point: $328.08

Support levels:$323.93, $316.01, $311.86



Share of Apple Inc. (AAPL) is rebound from $320 level on Monday. Apple will now have resistance up at $343 & $354.Short term support level at $320.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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