Bank of America Corporation Stock Chart - The following is Bank of America Corp. (NYSE:BAC) technical analysis for July 7, 2009Bank of America Support & Resistance Levels - 7/7/09
Resistance Levels: $13.13, $13.93, $15.06
Support Levels: $12, $11.68, $10.50, $10
Chart - http://stockcharts.com/
Bank of America is giving the 50 day moving average it's first major test since the end of March 2009. If BAC stock closes below this level, look for the strong support level of the $10.50's to be tested. On the upside, I continue to monitor the 200 day moving average on a daily basis. Currently located at $13.13, BAC has not closed above the 200 day moving average since September 2007. When B of A does close above the 200 day moving average, the should get a nice spike higher as this be a long term buy signal. For More Technical Analysis - Go Here
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