Bank of America BAC Stock Analysis 9/28/09

Bank of America Corporation Stock Chart - The following is Bank of America Corp.(NYSE:BAC) technical analysis for September 28, 2009

Bank of America Corp. Support & Resistance Levels - 9/28/09

Resistance Levels: $18.24, $20, $24

Support Levels: $16.10, $15.35

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Bank of America failed to close above resistance at $18.24 last week and has now closed two straight days below the 10 day moving average. BAC has some nice support at the 50 day moving average currently located at $16.10. I would expect buyers to show up at this level. The next support level below $16.10 is $15.35. Once BAC closes above $18.24, I will go long for sure. For More Technical Analysis - Go Here

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