Below we will be discussing BAC, NFLX, RIMM, INTC, NOK
Bank of America Corp (BAC) - Bank of America Corp (BAC) is now trading in the low $11's. BAC stock will have support down at $10.89. BAC has been called the worst financial right now and it is certainly living up to that title. BAC has some major support between $10.90-$11.20. BAC will have resistance located at $12.
Netflix Inc. (NFLX) - Netflix Inc. (NFLX) continues to break out to the upside. NFLX stock will have resistance located between $274-$275. NFLX is a buy below $240.
Research in Motion Ltd (RIMM) - Research in Motion Ltd (RIMM) continues to get slaughtered. RIMM is trading at $40 today and will have support between $38-$40. RIMM will have resistance located at $43.
Intel Corporation (INTC) - Intel Corporation (INTC) is now making a retest of $22. INTC will have resistance located at $24. Intel remains a strong buy below $21. Intel has support down at $21.50 right now.
Nokia Corporation (NOK) - Nokia Corporation (NOK) hit another 52 week low on Wednesday located at $6.45. The NOK CEO was on CNBC recently and seems to have no idea where the company is headed. NOK stock seems to be suffering a slow death right now but could see bounces along the way. Google Inc. (GOOG) Android and iPhone are killing this company.
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