Below the three stocks to watch for Thursday'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 still trading under $11 on Wednesday but stock may be found some support in $10s.BAC will now have resistance at $12.04 which is the 50 day moving average. Bank of America is new support area is $10.20 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) was closed over $326 on Wednesday.Apple will now have resistance up at $335 & $340.Short term support level at $320 which is 200 day moving average.I think stock is buy for short term here.
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) was closed over $326 on Wednesday.Apple will now have resistance up at $335 & $340.Short term support level at $320 which is 200 day moving average.I think stock is buy for short term here.
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