KirkLindstrom.com - Articles - 2013  AAPL: Apple Price Gap Still Open: Resistance And Support Graphs
Kirk Windsurfing at Palo Alto in SF Bay in May 2009
  Apple (AAPL) Resistance & Support Levels
Historical Apple Data from 2008 to 2013 		Kirk Windsurfing at Coyote Point November 2009
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February 5, 2013: Below is a graph showing Apple (Ticker AAPL) Resistance & Support Levels from 2008. 
Key features listed below the graph.
 Aapple Resistance and Support Graph
Key features:
  1. The thin, dashed-green horizontal line shows an open gap at $425.00.  One form of TA (technical analysis) says the downtrend won't reverse until this gap is completely filled and it can go lower before it turns.  Of course, TA is only "odds" and not a guarantee.
  2. The thick, dashed-green line shows a four-year support line that was broken and is now resistance.
  3. Two Fibonacci levels remain support at roughly $390 and $316.
  4. Current AAPL Charts and Quote
Note:

Note 1.  Source: stockcharts.com
 
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