Below the three stocks to watch for Wednesdayy'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 closed $6.41 on Tuesday 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 now.Goldman Sachs does not have any major resistance $100-$105. Goldman Sachs is now a strong buy below $100.Stock has some support area $80.
Citi group Inc (C) - Share of Citigroup is trading near 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.
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