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 flat on Monday. The financials are in a mini uptrend right now but BAC stock has been flat. 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) was down big on Monday and is now below $230. NFLX has resistance at $236 & $240. If NFLX breaks up through $240 again, the bulls will come back. Netflix continues to be a great short below the 10 day moving average with a tight stop.
If you are looking for free stock alerts via email, sign up over at stockstobuy.org today.
NFLX - Sell