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Wednesday, July 6, 2011

Top Stocks: BAC, NFLX, RIMM, INTC, SODA

By Tim - http://stockstobuy.org/ Check the Top Stocks Gainers in 2011, year to date.

Below we will be discussing BAC, NFLX, RIMM, INTC, SODA

Bank of America Corp (BAC) - Bank of America Corp (BAC) finally broke up through the previous high of $11.05. BAC has been called the worst financial but the stock appears to be making a turn higher. BAC will now have resistance up at $12. BAC most likely put in a bottom and can be bought below $11 with a stop at $10.

Netflix Inc. (NFLX) - Netflix Inc. (NFLX) hit $291.23 on Tuesday. NFLX stock will have resistance located at $300. NFLX will have support down in the $250's on a sell off.

Research in Motion Ltd (RIMM) - Research in Motion Ltd (RIMM) continues to trade down after worse than expected earnings guidance. RIMM will now have support down at $25. RIMM will have resistance located at $31.

Intel Corporation (INTC) - Intel Corporation (INTC) is now back trading above $22. INTC will have resistance located at $23. Intel remains a strong buy below $21. INTC has support down at $22 right now.

Sodastream International Limited (SODA) - Sodastream International Limited (SODA) is hitting a new 52 week high today after the company announced plans for a new manufacturing facility. SODA is up 3% today.

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