Bank of America Corp BAC Stock Analysis December 2009

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

Bank of America Corp. Support & Resistance Levels - 12/3/09

Resistance Levels: $16.32, $16.61, $17

Support Levels: $15.50, $15.00

Chart - http://stockcharts.com/

Discuss Stocks - http://stockstobuy.org

Bank of America came out with news Wednesday that they will be repaying 45 billion in tarp back to the Government. This move will help the company get a better CEO. As for the stock, I will be watching the 50 day moving average located at $16.32, a close over this level would be bullish and you would see the buying pressure continue and hopefully take out the previous high of $16.61. Support is $15.

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