Below the three stocks to watch for Tuesday'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 over $8 and stock has support area is $7.50.Because stock is downgraded today.BAC will now have resistance at $9.35. This is my one of the Top Pick for 2012.
Goldman Sachs Group Inc. (GS)-Shares of Goldman Sachs Group (GS) has next resistance $110. Stock is now a strong buy below $100.Stock has some support area $100.
Citigroup Inc.(C)-Share of Citigroup is trading under all moving average which is bearsh side now. Stock has short term support is $30 and long term support area is $21.Share of Citigroup Inc.(C)is break out $40 which is now new resistance area. Citigroup has next big resistance will be over $41-$42. If C has next support level near $21 which is good buying opportunity for long term. I think time to buy long term buy in low $20s because there is some bounce stock can go $40-445 area for next 12 months.This is my one of the Top Pick for 2012.
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