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Friday, April 29, 2011

Apple Inc (AAPL) Stock Technical Analysis 4/29/11

The following is technical analysis on Apple Inc (AAPL) stock for April 29, 2011
Apple Inc AAPL Resistance, pivot & Support Levels – 04/29/2011

Resistance levels: $356.50, $354.26, $352.02


Pivot point: $349.26

Support levels:$347.77, $344.84, $341.16



Share of Apple Inc. (AAPL)  is trading  over $350 in mid day..Apple will now have resistance up at $360 & $365.Short term support level at $326.I think stock is buy for short term here. 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 am holding long position. from low $320.I feel Apple will hit $400 sometime in 2011.Apple will again be a hot technology stock in 2011.Here is last  earning  report.

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