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Stock Market Closing Report - 12/8/20 December 8, 2020

Monday, April 4, 2011

Top Stocks: AAPL, BAC, CSCO, INTC, GE, NVDL

By Tim - http://stockstobuy.org/

Check the Top Stocks Gainers in 2011, year to date.

Below we will be discussing AAPL, BAC, CSCO, INTC, GE, NVDL.OB

Apple Inc. (AAPL) - Apple Inc. (AAPL) dropped below $340 in early trading on Monday. AAPL has since rebounded but is continuing the recent downtrend. AAPL will have resistance on the upside located around $345-$348 now. Apple Inc has support at $330.

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.

Cisco Systems Inc. (CSCO) - Cisco Systems Inc. (CSCO) is testing $17 today in early trading but so far it is holding. CSCO is a buy down here for the long term and I think once the CEO hints at a positive forecast, the stock will shine again. CSCO is trading at $17 for a reason, Wall St hates it right now.

Intel Corporation (INTC) - Intel Corporation (INTC) is back below $20 on Monday. INTC will have resistance located at $20 followed by $21. Intel remains a strong buy below $21. Intel has support down at $19 this week.

General Electric Corp (NYSE:GE) - General Electric Corp (GE) is back above $20 today and is looking strong. GE stock saw a huge downfall after the Japan crisis but that is old news right now. A lot of GE longs were flushed out and are now kicking themselves for selling. GE will have resistance between $21-$22 per share.

Novadel Pharma Inc. (NVDL.OB) - Novadel Pharma Inc. (NVDL.OB) broke out to the upside on Monday on better than expected earnings recently.


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