October 7, 2010

APPLE Support and resistance levels

  • Apple hour chart with two important ranges in which the stock is trading in
  • First one is the smaller range of 285.11 - 291.87
  • Second range is the larger one which is from 274 - 294
  • Breakout of the smaller one may lead to an eventual breakout of the all time high above 294. Above 294 the target for the breakout is about 314.
  • smaller range breaking below 285.11 will be negative and may find support near 276 levels.

No comments:

Post a Comment