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 under $7.60 and stock has support area is $7.50.BAC will now have resistance at $8.22. This is my one of the Top Pick for 2012.
Goldman Sachs Group Inc. (GS)-Shares of Goldman Sachs Group (GS) has next resistance $100. Stock is now a strong buy below $90.Stock has some support area $94.
Citigroup Inc.(C)-Share of Citigroup is trading under 9 day moving average which is bearish side now. Stock has short term support is $24 & $23.Long term support area is $21.Share of Citigroup Inc.(C) is break out $35.99 which is now new resistance area. Citigroup has next big resistance will be over $32.30. If C has next support level near $21 which is good buying opportunity for long term.Long term buy in low $20s because there is some bounce stock can go $42-$45 area for next 12 months.This is my one of the Top Pick for 2012.
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