Below we will be discussing BAC, NFLX, RIMM, INTC, YOKU
Bank of America Corp (BAC) - Bank of America Corp (BAC) finally broke up through the previous high of $11.05. BAC has been called the worst financial but the stock appears to be making a turn higher. BAC will now have resistance up at $12. BAC most likely put in a bottom and can be bought below $11 with a stop at $10.
Netflix Inc. (NFLX) - Netflix Inc. (NFLX) has made a huge bounce off the recent $240 low. NFLX stock will have resistance located at $277. NFLX will have support down in the $240's on a sell off.
Research in Motion Ltd (RIMM) - Research in Motion Ltd (RIMM) continues to trade down after wore than expected earnings guidance. RIMM will now have support down at $25. RIMM will have resistance located at $31.
Intel Corporation (INTC) - Intel Corporation (INTC) is now back trading above $21. INTC will have resistance located at $22. Intel remains a strong buy below $21. INTC has support down at $21 right now.
Youku.com Inc (YOKU) - Youku.com Inc (YOKU) is trading at $35 after the stock hit $37.50 earlier. YOKU will continues to hit resistance at $37.50 for the rest of the week.
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