Bank of America Corporation Stock Chart - The following is Bank of America Corp. (NYSE:BAC) technical analysis for November 3, 2009Bank of America Corp. Support & Resistance Levels - 11/3/09
Resistance Levels: $15, $15.71, 16.95
Support Levels: $14, $13.61, $13.47
Chart - http://stockcharts.com/
Discuss Stocks - http://stockstobuy.org
Bank of America continues to trade below both the 10 & 50 day moving averages. This is very bearish technically and is the reason why the stock trades so weak. BAC is hitting some serious support starting with $14 down to $13.47 from the summer months. I am waiting until the stock closes back over the 10 day moving average to start trading it again and will take a new long position when it closes back over the 50 day moving average. Keep an eye on these two levels! For More Technical Analysis - Go Here
Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free
