Below we will be doing technical analysis on BAC, RIMM, INTC, NFLX, URRE
Bank of America Corp (BAC) - Bank of America Corp (BAC) is back below $6.30 in early trading on Thursday. BAC will have support located at $6.03 followed by $5.70. BAC will continue to have resistance up at $6.85. Bank of America Corp (BAC) should be sold above $8 for the rest of the year. Keep tight stops if you are trading BAC right now.
Research in Motion Ltd (RIMM) - Research in Motion Ltd (RIMM) stock was flat on Thursday. RIMM will have support down at $22. 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 seeing a huge sell off this morning after reporting awesome earnings on Tuesday. INTC will have resistance located at $25. Intel is a strong buy below $22. INTC has support down at $21 right now.
Netflix Inc. (NFLX) - Netflix Inc. (NFLX) continues to trade around $111. NFLX will be reporting earnings after the close on Monday. Netflix Inc. (NFLX) will have support at $106 and resistance at $122
Uranium Resources, Inc. (URRE) - Uranium Resources, Inc. (URRE) stock is ripping 25% today on no news. Uranium stocks have been hot over the last two weeks and URRE has been at the top of that list. URRE will have resistance at $1.47.
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