Apple Inc AAPL Resistance, pivot & Support Levels – 05/06/2011
Resistance levels: $355.85, $352.81, $349.78
Pivot point: $347.91
Support levels:$344.88, $343.01, $339.98
Share of Apple Inc. (AAPL) is trading $340s last few days.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.
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