Apple Inc AAPL Resistance, pivot & Support Levels – 05/10/2011
Resistance levels: $351.87, $350.44, $349.02
Pivot point: $347.77
Support levels:$346.35, $345.10, $343.68
Share of Apple Inc. (AAPL) are flat on Monday.Apple will now have resistance up at $355 & $365.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 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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