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Tuesday, June 7, 2011

Bank of America Corporation (BAC), Goldman Sachs Group Inc. (GS) & Apple Inc. (AAPL)

Below the three stocks to watch for Tuesday'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) is trading under $11 on Monday which is very bearish in stock now.BAC will now have resistance at $12.39 which is the 50 day moving average. Bank of America old support area broke today now new support area is $10.75 which is last Dec  low but this is low risk bank stock.This is my one top pick for 2011.

Goldman Sachs Group Inc. (GS)- 
Shares of Goldman Sachs Group (GS) are under $140 and gs may found support in $130s.Goldman Sachs does not have any major resistance $145-$150. Goldman Sachs is now a strong buy below $140.

Apple Inc. (AAPL)-Share of Apple Inc. (AAPL) is trading near $335 on Tuesday.Apple will now have resistance up at $350 & $355.Short term support level at $326.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
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