Apple Inc. (NASDAQ:AAPL) has been a powerhouse over the last
week. The stock hit a beautiful double bottom support level at
$326.50 on March 16th, 2011. Since that low, Apple shot higher,
ripping up into a master gap fill shown below in the chart. Since
this hit, Apple has lost all of its momentum. While still
positive, it is off the highs and may be reaching a short term top.
Watch this level very closly as it should present a great trading
opportunity. Apple is trading at $352.72, +1.18 (+0.34%).
Gareth Soloway
Chief Market Strategist
InTheMoneyStocks.com
