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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 273.37 and 256.29. If the stock breaks down through support at 273.37 then it will probably continue lower to 256.29. The stock will meet resistance at 312.69 and 335.00. If the stock breaks up through resistance at 312.69 then it will probably continue higher to 335.00. The 200-day moving average is at 223.14. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (95.51).”
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