Bank of America Corp BAC Stock Analysis 2/3/10

Bank of America Corporation Stock Chart - The following is Bank of America Corp. (NYSE:BAC)technical analysis for February 3, 2010

Bank of America Corp. Support & Resistance Levels - 2/3/10

Resistance Levels: $15.70, $16.65

Support Levels: $15.34, $15, $14.81

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Bank of America is back above the 10 day moving average and testing the 50 day moving average located at $15.70. If Bank of America can close back above the 50 day moving average, I believe it will make a run back into the $16's soon after. The next major resistance would be located around $16.65.

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