Below we will be discussing BAC, NFLX, RIMM, INTC, NOK, GOOG
Bank of America Corp (BAC) - Bank of America Corp (BAC) is holding the big spike we saw on Friday. BAC stock will have support down at $10.41 as well as $10. BAC has been called the worst financial right now and it is certainly living up to that title. BAC will continue to be dead money until the stock closes back above $12. BAC will have short term resistance located at $11.05.
Netflix Inc. (NFLX) - Netflix Inc. (NFLX) was up on Tuesday. NFLX stock will have resistance located at $280. NFLX is a buy below $240.
Research in Motion Ltd (RIMM) - Research in Motion Ltd (RIMM) closed below $36 on Tuesday as things appear to be getting worse. RIMM will now have support at $35. RIMM will have resistance located at $37.
Intel Corporation (INTC) - Intel Corporation (INTC) is now back below $22. INTC will have resistance located at $24. Intel remains a strong buy below $21. INTC has support down at $21.50 right now.
Nokia Corporation (NOK) - Nokia Corporation (NOK) bounced off a recent 52 week low on Tuesday. NOK is been on a huge downtrend as Apple eats their lunch in the mobile phone business. NOK will have resistance located at $6.50 & $6.80.
Google Inc. (GOOG) - Google Inc. (GOOG) is trading back near $500 as it continues to decline. GOOG should attract a lot of buying around $500 which is support and I don't see much downside from here.
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