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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