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Sunday, May 29, 2011

Apple Inc (AAPL) Stock Technical Analysis 5/29/11

The following is technical analysis on Apple Inc (AAPL) stock for May 31, 2011
Apple Inc AAPL Resistance, pivot & Support Levels – 05/31/2011

Resistance levels: $340.95, $339.77, $338.59


Pivot point: $336.45

Support levels:$335.27, $333.13, $331.95



Share of Apple Inc. (AAPL) was flat on Friday.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.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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