Apple (AAPL) hits $208, bounces back
- Sunday, November 22, 2009, 19:26
- Sci-Tech
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In mid-morning trading Monday, Apple (AAPL) shares ran into resistance at $208 per share, inches away from its all-time intraday high.
According to Fly On The Wall, $208.70 is the last resistance level on the chart.
"A move above this life high," reads a news alert issued at 10:30 a.m., "could see the following levels, based on average range, become additional upside objectives: $212.87, $217.13, $221.47. Support is currently at $200."
Apple's closing price — $206.63, up $2.18 (1.07%) for the day — was its highest ever.
[Follow Philip Elmer-DeWitt on Twitter @philiped]
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