Below the three stocks to watch for Monday's trading. Bank of America Corporation (BAC), Goldman Sachs Group Inc. (GS) & Apple Inc. (AAPL).All 3 stocks some upside in coming days.
Bank of America Corporation (BAC) Bank of America Corp (BAC) was flat on Thursday.Stock will now have resistance at $12.82 which is the 9 day moving average. Bank of America would close below $12 and BAC stock could test $12 area level.Next support area is $12.20 and follows by $11.Bank of America can close and hold above $15, the stock could easily $16-$17.On the downside, BAC is a strong buy under $13 if we see a pullback.But this low risk banks stock.This is my one top pick for 2011.
Goldman Sachs Group Inc. (GS)- Shares of Goldman Sachs Group (GS) are trading under $150 last week which is support level.Share is trading under all moving average which is bearish in technical side.Short term resistance area is $155 which is 9 day moving average.Goldman Sachs does not have any major resistance until $175.50 area need to watch now. Goldman Sachs is now a strong buy below $150.
Apple Inc. (AAPL)-Share of Apple Inc. (AAPL) is trading over $352 in mid day Monday.Apple will now have resistance up at $360 & $365.Short term support level at $326.I think stock is buy for short term here. I think stock is buy for short term here.AAPL has excellent management and a great vision for the future. If Apple stock ever falls below $300 again, I am holding long position. from low $320.I feel Apple will hit $400 sometime in 2011.Apple will again be a hot technology stock in 2011.Here is last earning report.
Goldman Sachs Group Inc. (GS)- Shares of Goldman Sachs Group (GS) are trading under $150 last week which is support level.Share is trading under all moving average which is bearish in technical side.Short term resistance area is $155 which is 9 day moving average.Goldman Sachs does not have any major resistance until $175.50 area need to watch now. Goldman Sachs is now a strong buy below $150.
Apple Inc. (AAPL)-Share of Apple Inc. (AAPL) is trading over $352 in mid day Monday.Apple will now have resistance up at $360 & $365.Short term support level at $326.I think stock is buy for short term here. I think stock is buy for short term here.AAPL has excellent management and a great vision for the future. If Apple stock ever falls below $300 again, I am holding long position. from low $320.I feel Apple will hit $400 sometime in 2011.Apple will again be a hot technology stock in 2011.Here is last earning report.
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