Bank of America BAC Stock Analysis 8/24/09

Bank of America Corporation Stock Chart - The following is Bank of America Corp.(NYSE:BAC) technical analysis for August 24, 2009

Bank of America Corp. Support & Resistance Levels - 8/24/09

Resistance Levels: $17.93, $20

Support Levels: $16.77, $15.50, $15

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Bank of America Corp.(NYSE:BAC) continue to bounce off the 10 day moving average and churn higher toward key resistance of $17.93. A close over $17.93 will cause a new breakout to occur and possibly a retest of $20 per share. I will be buying all major corrections of 10-15%. For More Technical Analysis - Go Here

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