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Stock Market Closing Report - 12/8/20 December 8, 2020

Saturday, July 16, 2011

Top Stocks: BAC, NFLX, RIMM, INTC, HK

By Tim - http://stockstobuy.org/ Check the Top Stocks Gainers in 2011, year to date.

Below we will be discussing BAC, NFLX, RIMM, INTC, HK

Bank of America Corp (BAC) - Bank of America Corp (BAC) broke down below $10 on Friday. BAC should see some more selling pressure next week. BAC will now have resistance up at $10.25. BAC is a buy on a close above $11.05.

Netflix Inc. (NFLX) - Netflix Inc. (NFLX) continues to fail in the $300's. NFLX stock will have resistance located at $300. NFLX will have support down in the $270'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 below $23. INTC will have resistance located at $23.96. Intel remains a strong buy below $21. INTC has support down at $22 right now.

Petrohawk Energy Corporation (HK) - Petrohawk Energy Corporation (HK) is surged 64% on Friday on a buyout from BHP Billiton (BHP). HK is a major player in the Eagle Ford Shale.

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