Stocks To Keep A Lookout For This Monday (AAPL, BAC, C, CVX, GE, SIRI)
November 02, 2009 12:17 PM
Monday brings with it new money making opportunities for the smart investor. Here are some stocks to look out for as they get ready to make a run today.
Apple Inc. (NASDAQ: AAPL) is currently trading at a price over $192 after falling to $189.81 on Friday. In early morning trading, AAPL has already rebounded to its current price and has already gone past the strong resistance level of $191 and is at pace to reach or overtake the resistance level of $198. Apple Inc. is still banking on the strong demand for its products which analyst believes will outperform all of its competitors.
Another important stock to lookout for is the Bank of America (NYSE: BAC). Bank of America is still reeling from the drop it experienced as it fell from $19 a share to a price of $14, but the stock is showing some signs of recovery. As it is, BAC has already moved past the Support Levels of $14 and has also broken through the resistance level of $15.
Other Stocks that would be beneficial to look into are Citigroup (NYSE: C), CEL-CSI Corporation (AMEX: CVX), General Electric (NYSE: GE) and Sirius Satellite Radio (NASDAQ: SIRI). All of these stocks have shown a significant up trend and have begun to break small resistance levels on its way up.
