Below we will be discussing two stocks with potential trades. Bank of America Corp (BAC) & Netflix Inc. (NFLX). Both NFLX and BAC could see some upside this week.
Bank of America Corp (BAC) - Bank of America Corp (BAC) was up around 1% on Monday. The financials remain weak but BAC stock has been basing in the mid $13's. BAC has been called the worst financial right now but as long as the stock remains above $13, I like it. Look for BAC to gain momentum if the stock closes back above $14.08.
Netflix Inc. (NFLX) - Netflix Inc. (NFLX) is in a huge uptrend right now and is breaking above $245 again. NFLX has resistance at $247.55 as well as $250. If NFLX can break $250, the sky is the limit. If you want to short Netflix, wait for the stock to close back below the 10 day moving average ( currently $234.75 and rising ) and then strike.
If you are looking for free stock alerts via email, sign up over at stockstobuy.org today.
