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

Friday, September 23, 2011

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

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, RRC

Bank of America Corp (BAC) - Bank of America Corp (BAC) made a higher low at $6.07 on Friday morning. BAC will have support located at $6.00 followed by $5.49 on the downside. BAC will now have resistance up around $6.85. BAC has not bottomed quite yet. Bank of America Corp (BAC) could be headed down into the low $5's before the next major bounce. Keep tight stops if you are trading the stock.

Netflix Inc. (NFLX) - Netflix Inc. (NFLX) continues to rebound after the two upgrades on Thursday. 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) stock rallied 2% on Friday. RIMM will have support down at $21.00. RIMM will have resistance located at $22.10. The only reason I'd buy RIMM right now would be as a takeover target.

Intel Corporation (INTC) - Intel Corporation (INTC) is trading back below $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.

Range Resources Corporation (RRC) - Range Resources Corporation (RRC) is now back over $60 after falling into the low $59's earlier. RRC is now down $18 since hitting a new 52 week high a few days ago.

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


Copyright © 2008-2020 - daytradingstockblog.blogspot.com

Stocks to Buy 2020 - Click Here