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Thursday, May 26, 2011

Apple Inc (AAPL) Stock Technical Analysis 5/26/11

The following is technical analysis on Apple Inc (AAPL) stock for May 26, 2011
Apple Inc AAPL Resistance, pivot & Support Levels – 05/26/2011

Resistance levels: $344.27, $341.77, $339.27


Pivot point: $336.06

Support levels:$333.56, $330.35, $327.85



Share of Apple Inc. (AAPL)  are closed $336 on Wednesday.Apple will now have resistance up at $345 & $355.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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