Apple Inc AAPL Resistance, pivot & Support Levels – 05/19/2011
Resistance levels: $346.10, $344.02, $341.92
Pivot point: $338.91
Support levels:$336.89, $333.92, $331.84
Share of Apple Inc. (AAPL) closed near $340 on Wednesday. Apple will now have resistance up at $355 & $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.
