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Apple Inc (AAPL) “On a long-term technical basis, the stock (AAPL) is trading above its 200-day moving average which implies it is in a positive trend.
The stock has support at 260.40 and 237.26. If the stock breaks down through support at 260.40 then it will probably continue lower to 237.26. The stock will meet resistance at 268.00 and 301.50. If the stock breaks up through resistance at 268.00 then it will probably continue higher to 301.50. The 200-day moving average is at 211.35. This will also act as support. The stock is slightly overbought according to the Stochastic Indicator (72.75).”
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