Below the three stocks to watch for Thursday's trading. Bank of America Corporation (BAC), Goldman Sachs Group Inc. (GS) & Citi group Inc (C).I will keep watching for all 3 stocks today.
Bank of America Corporation (BAC) - Bank of America Corp (BAC) is trading near $6 Thursday and stock has support area is $6.BAC will now have resistance at $8.80. 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) are under $100 need to hold $90s area.Goldman Sachs does not have any major resistance $120-$125. Goldman Sachs is now a strong buy below $100.
Citi group Inc (C) - Share of Citigroup is trading under all moving average and stock is need to hold $24 level for going forward.Share of Citigroup Inc.(C) is next real resistance area is $31.97 which is last high.Citigroup has next big resistance will be over $36. If C has next support level near $24 which is good buying opportunity for long term. I think time to buy long term buy here because there is some bounce stock can go $33-$34 area.
Goldman Sachs Group Inc. (GS)-Shares of Goldman Sachs Group (GS) are under $100 need to hold $90s area.Goldman Sachs does not have any major resistance $120-$125. Goldman Sachs is now a strong buy below $100.
Citi group Inc (C) - Share of Citigroup is trading under all moving average and stock is need to hold $24 level for going forward.Share of Citigroup Inc.(C) is next real resistance area is $31.97 which is last high.Citigroup has next big resistance will be over $36. If C has next support level near $24 which is good buying opportunity for long term. I think time to buy long term buy here because there is some bounce stock can go $33-$34 area.
For more Technical Analysis -Go Here
For the latest updates on the stock market, visit,
http://daytradingstock-blog.blogspot.com/
