Apple Inc AAPL Resistance, pivot & Support Levels – 05/02/2011
Resistance levels: $361.23, $357.53, $353.83
Pivot point: $350.25
Support levels:$346.55, $342.97, $339.27
Share of Apple Inc. (AAPL) is closed over $350 on Friday.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.
For more Technical Analysis -Go Here
For the latest updates on the stock market, visit,
http://technicalanalysis-blog.blogspot.com/


