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Sunday, August 2, 2009

Bank of America BAC Stock August 2009

Bank of America Corporation Stock Chart - The following is Bank of America Corp. (NYSE:BAC) technical analysis for August 3, 2009

Bank of America Support & Resistance Levels - 8/3/09

Resistance Levels: $15.06, $17.93

Support Levels: $14, $13.06


BAC stock broke out over $14 last week and is now testing the $15.06 2009 high. A close above this level would be very bullish and I would then look for Bank of America to test the December high of $17.93. On the downside, $14 is now support as well as each of the three major moving averages that I have on the chart today. For More Technical Analysis - Go Here

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