Daily Finan. Bull 3X Shs(ETF)(FAS) - Daily Finan. Bull 3X Shs(ETF)(FAS) bottomed near $16.15 on Friday and then rallied back to $18. FAS will have support located at $16.15 and resistance located at $23. FAS is a strong buy below $17 per share. I would be avoiding Direxion Daily Financial Bear 3X Shares (FAZ) right now.
Research In Motion Ltd. (RIMM) - Research in Motion Ltd (RIMM) hit $22.54 on Friday. Research in Motion (RIMM) has support located at $22. Research in Motion (RIMM) will have resistance up at $30.25.
Cisco Systems, Inc. (CSCO) - Cisco Systems, Inc. (CSCO) hit a new 52 week low on Friday. CSCO will have resistance around $16.00 now. Cisco Systems (CSCO) will have support down around $14.00. Cisco Systems is a strong buy below $17 for the long term. Goldman Sachs recently rated the stock a buy.
Stocks to Watch for Daytrading - Samson Oil & Gas Limited (SSN) - Hyperdynamics Corp (HDY) - DryShips, Inc. (DRYS) - Arena Pharmaceuticals, Inc. (ARNA) - Bank of Ireland (IRE) - Cyclacel Pharmaceuticals, Inc. (CYCC) - Somaxon Pharmaceuticals, Inc. (SOMX) - Rediff.com India Ltd. (REDF) - Allied Irish Banks plc (AIB) - YRC Worldwide Inc. (YRCW) - China Shen Zhou Mining & Resources, Inc. (SHZ) - Limelight Networks, Inc. (LLNW) - Level 3 Communications Inc. (LVLT) - Jones Soda (JSDA)
Amazon.com Inc. (AMZN) - Amazon.com Inc. (AMZN) dropped below $195 on Friday. AMZN will hit resistance at $230. Pullbacks below $180 are a buy.
Level 3 Communications Inc. (LVLT) - Level 3 Communications Inc. (LVLT) is back trading below $2.00. Level 3 Communications (LVLT) is a buy below $2.00
