Below we will be discussing BAC, NFLX, RIMM, INTC, TZOO
Bank of America Corp (BAC) - Bank of America Corp (BAC) is back testing $10 this morning. BAC has solid support in the mid $9 range so I expect more buying if we see another pullback. BAC will now have resistance up at $10.27. BAC is a buy on a close above $10.25 with a tight stop.
Netflix Inc. (NFLX) - Netflix Inc. (NFLX) is back trading in the mid $270's. NFLX stock will have resistance located at $300. NFLX will have support down at $270.
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 $30.25.
Intel Corporation (INTC) - Intel Corporation (INTC) is now back trading above $23. INTC will have resistance located at $23.96. Intel remains a strong buy below $21. INTC has support down at $22 right now.
TravelZoo Inc. (TZOO) - TravelZoo Inc. (TZOO) is seeing a nice bounce today which I sold into. TZOO will now have resistance located at $62.60 as well as $63.27. If TZOO breaks above $63.27 and holds, the stock has a chance to go back between $65 -$67 quickly.
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