Below we will be discussing BAC, NFLX, RIMM, INTC, BLUD
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) is hitting a new 52 week high in the $280's today. NFLX stock will have resistance located at $300. NFLX will have support down in the $250's on a sell off.
Research in Motion Ltd (RIMM) - Research in Motion Ltd (RIMM) continues to trade down after worse 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 $22. INTC will have resistance located at $23. Intel remains a strong buy below $21. INTC has support down at $22 right now.
Immucor Inc. (BLUD) - Immucor Inc. (BLUD) stock is jumping today after the company announced a buyout offer for $27. BLUD is currently trading right at $27 per share in early trading.
For more updates on the stock market, visit http://daytradingstockblog.blogspot.com