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 still trading near $6 on Tuesday but stock has support area is $6.BAC will now have resistance at $7.2 which is the 9 day moving average. Bank of America is new support area is $6 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) hit new 52 weeks low on Monday with market.Goldman Sachs(GS) CEO Lloyd Blankfein had hired top Washington defense attorney Reid Weingarten. The report sent the stock down more than 4% to $106. The report sent the stock down more than 4% to $106.51 Just want to hold $110s.But stock is long term buy here depend on market.Goldman Sachs next major resistance $131 followed by $140. Goldman Sachs is now a strong buy below $130.
Apple Inc. (AAPL)-Share of Apple Inc. (AAPL) is trading $362 on flat on Tuesday.Apple will now have resistance up at $400.Short term support level at $336 which 200 ema.I think stock is buy under $350.
Goldman Sachs Group Inc. (GS)-Shares of Goldman Sachs Group (GS) hit new 52 weeks low on Monday with market.Goldman Sachs(GS) CEO Lloyd Blankfein had hired top Washington defense attorney Reid Weingarten. The report sent the stock down more than 4% to $106. The report sent the stock down more than 4% to $106.51 Just want to hold $110s.But stock is long term buy here depend on market.Goldman Sachs next major resistance $131 followed by $140. Goldman Sachs is now a strong buy below $130.
Apple Inc. (AAPL)-Share of Apple Inc. (AAPL) is trading $362 on flat on Tuesday.Apple will now have resistance up at $400.Short term support level at $336 which 200 ema.I think stock is buy under $350.
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