Below we will be discussing two stocks, Bank of America Corp (BAC) & Netflix Inc. (NFLX). Both NFLX and BAC are worth watching this week.
Bank of America Corp (BAC) - Bank of America Corp (BAC) tested $13 today which held BAC appears to be resuming the recent downtrend but is holding $13. 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) hit $240 and failed on Thursday. NFLX is now seeing a small pullback but nothing major. NFLX will have resistance at $237 & $240. If NFLX closed above $240 again, the bulls will come back. Netflix continues to be a great short below the 10 day moving average with a tight stop ( currently $237.54).
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NFLX - Neutral
DANG - Buy, above $21
DANG - Buy, above $21
