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The Street Signs Trading Twitter Segment features Ed Ponsi of Fxeducator giving technical analysis of stocks tweeted by viewers. Ed is a well-known trader and author. The following are highlights of the stocks discussed on the Trading Twitter Segment from Friday August 26th. All technical analysis provided by Ed Ponsi.

Apple Inc. (AAPL) – Bullish

Pick it up at its 50 day moving average. Ed says, “The 50 day moving average is the sweet spot, $363 to $365 has been working.”

click to enlarge

Apple Inc., together with its subsidiaries, designs, manufactures, and markets personal computers, mobile communication and media devices, and portable digital music players, as well as selling related software, services, peripherals, networking solutions, and third-party digital content and applications worldwide. The company is trading significantly below analyst estimates. Apple has a median price target of $500 by 46 brokers and a high target of $666. The last up / downgrade activity was on Aug 15, 2011, when Hilliard Lyons initiated coverage on the company with a Buy rating.

Goldman Sachs (GS) – Bearish

The chart is in a descending triangle pattern with high volume selling and low volume buying, this is a huge negative for the stock.

The Goldman Sachs Group, Inc., together with its subsidiaries, provides investment banking. The company is trading significantly below analysts' estimates. Goldman has a median price target of $170 by 23 brokers and a high target of $209. The last up/downgrade activity was on Jun 14, 2011, when RBC Capital Markets initiated coverage on the company with an Underperform rating.

Citigroup, Inc. (C) – Bearish

Citigroup’s chart is displaying the same descending triangle as Goldman Sachs. Although Ed does think the recent move by Buffett buying into Bank of America (BAC) may provide a lift for the sector in the future.

Citigroup, Inc., a global financial services company, provides consumers, corporations, governments, and institutions with a range of financial products and services. The company is trading below analysts' estimates. Citigroup has a median price target of $55 by 21 brokers and a high target of $66. The last up/downgrade activity was on Jun 21, 2011, when Standpoint Research initiated coverage on the company with a Buy rating.

GNC Corp. (GNC) – Bullish

The stock is going up in a down market, GNC is healthy and Ed would buy it here.

GNC Holdings, Inc. operates as a specialty retailer of health and wellness products. The companys products include vitamins, minerals, and herbal supplement products, as well as sports nutrition products, diet products, and other wellness products. The company is trading below analysts' estimates. GNC has a median price target of $27 by five brokers and a high target of $28. No Upgrade & Downgrade activity is available for GNC per Yahoo Finance.

Amazon.com, Inc. (AMZN) - Bullish

The stock had a recent scare as of late dipping below its 200 but it has popped back up, Ed would take it here.

Amazon.com, Inc. operates as an online retailer in North America and internationally. The company is trading on par with analysts' estimates. Amazon has a median price target of $250.50 by 26 brokers and a high target of $280. The last up/downgrade activity was on July 6, 2011, when Collins Stewart initiated coverage on the company with a Neutral rating.

Bank of America Corporation (BAC) – Neutral

After the recent action due to the Buffett put, the chart seems to be showing a double bottom. There has been a lot of constructive activity but it may not go up right away.

Bank of America Corporation, a financial holding company, provides banking and non-banking financial services and products to individuals, small- and middle-market businesses, large corporations, and governments in the United States and internationally. The company is trading significantly below analysts' estimates. Bank of America has a median price target of $14 by 21 brokers and a high target of $21. The last up/downgrade activity was on May 4, when UBS initiated coverage on the company with a Neutral rating.

Nucor Corporation (NUE) – Bullish

A double bottom is in. If the stock breaks above 35 it will make it to its 50 day moving average which is 37.50 it looks good.

Nucor Corporation, together with its subsidiaries, engages in the manufacture and sale of steel and steel products in North America and internationally. The company is trading significantly below analysts' estimates. Nucor has a median price target of $49 by 11 brokers and a high target of $58. The last up/downgrade activity was on Feb 28, 2011, when Argus initiated coverage on the company with a Buy rating.

Source: CNBC's Street Signs Trading Twitter Segment Recap (8/26/11)