Below we will be discussing AAPL, BAC, CSCO, INTC, NVDA
Apple Inc. (AAPL) - Apple Inc. (AAPL) is back above $340 on Wednesday. AAPL is continuing the recent downtrend and It's to early to tell which way the stock will go next. AAPL will have resistance on the upside located around $345-$348 now. Apple Inc has support at $330 as well as $326.
Bank of America Corp (BAC) - Bank of America Corp (BAC) is up 1% on Wednesday. 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 up less then 1% on Wednesday. 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) continues to trade below $20. 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.
NVIDIA Corporation (NVDA) - NVIDIA Corporation (NVDA) is up 1% on Wednesday. NVDA is a buy below $20 for the long term.
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