Hot Stock Alerts

Potential Breakout Stocks of the Day:
Top Stocks 2021 - TSLA BYND GBTC
Top Penny Stocks 2021 - GBTC

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

Wednesday, September 21, 2011

Stock Analysis: BAC, NFLX, RIMM, INTC, ORCL

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

Below we will be doing technical analysis on BAC, NFLX, RIMM, INTC, ORCL

Bank of America Corp (BAC) - Bank of America Corp (BAC) is testing the $6.80 level this morning. BAC will have support located at $6.80 on the downside. BAC will now have resistance up around $7.75. BAC may have finally bottomed as the stock is putting in higher lows. Bank of America Corp (BAC) is a buy below $7.00.

Netflix Inc. (NFLX) - Netflix Inc. (NFLX) hit $128 Wednesday morning. NFLX stock will have resistance located at $137. NFLX will have support down at $125. NFLX could be getting ready to bounce here and I now feel NFLX is a strong buy below $140. I'd wait for the stock to break $137 on the upside and jump in for a trade.

Research in Motion Ltd (RIMM) - Research in Motion Ltd (RIMM) was down 3% on Wednesday. RIMM will have support down at $21.60. RIMM will have resistance located at $25. The only reason I'd buy RIMM right now would be as a takeover target.

Intel Corporation (INTC) - Intel Corporation (INTC) is trading back above $22. INTC will have resistance located at $22.50. Intel remains a strong buy below $20. INTC has support down at $19.75 right now.

Oracle Corp (ORCL) - Oracle Corp (ORCL) is on fire after reporting earnings Tuesday night. ORCL is now a buy below $28 if we see another pullback.

For more updates on the stock market, visit http://daytradingstockblog.blogspot.com


Copyright © 2008-2020 - daytradingstockblog.blogspot.com

Stocks to Buy 2020 - Click Here