Bruce Bentley

Don't rely on it Amazon.com, Inc. (NASDAQ: AMZN), Netflix, Inc. (NASDAQ: NFLX) or Apple Inc. (NASDAQ: AAPL) to hit new highs soon. All three have significant resistance just above their current prices. Resistance is a group or concentration of vendors gathered at or near the same price level. They are all trying to get the same price for their shares. Rallies end when they reach a level of resistance, and stocks often trend lower afterwards. See Also: SVODs In The Spotlight At Oscars When Netflix Hits 7, Facebook Wins First Prize There is resistance for Amazon at the $ 3,400 level. It was the peak of October, February and the beginning of this month. The resistance for Netflix is ​​$ 560. Over the past few months, every time stocks hit this level, there has been a sell-off. For Apple, the resistance is at $ 137. Shares have hit this level five times since September. A sell-out followed at every opportunity. ...

After a solid rally on Friday, stocks were a little tamer on Monday as investors prepare for an intense week of earnings. However, let's take a look at some top stock trades as these reports emerge. Top stock deals for tomorrow No. 1: Amazon (AMZN) Amazon (NASDAQ: AMZN ) is expected to show profits on Thursday. The stock has also done quite well lately. Last month, stocks pumped the bulls fake by falling below the 200-day moving average. However, the 50-week moving average was supported as well as the $ 2,888 level. The latter has been in the game for almost a year. Either way, the stock found new momentum on Monday due to rumors of a stock split. While a stock split would likely help break Amazon stock out of its youngest range, the lack of a stock split could keep it there. It always feels more like the stock split is more important than the actual results, which is insane. Just keep in mind from one perspective that the company had a false breakout above $ 3,345...