By Tim - http://stockstobuy.org
The following is Bank of America Corp. (NYSE:BAC) technical analysis for April 28, 2010
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Bank of America Corp. Support & Resistance Levels - 4/28/10
Resistance Levels: $18.51, $19, $20
Support Levels: $17.41, $17, $16.45
Chart - Courtesy of www.stockcharts.com
Bank of America Corp pulled back to the 50 day moving average on Tuesday has appears to have found support. I bought Bank of America yesterday and now hold it in my portfolio. Keep an eye on the 10 day moving average located at $18.51. As soon as Bank of America closes back above this level, I plan to buy again. Below the 50 day moving average, the stock has support between $16.45-$17.
Bank of America Corp pulled back to the 50 day moving average on Tuesday has appears to have found support. I bought Bank of America yesterday and now hold it in my portfolio. Keep an eye on the 10 day moving average located at $18.51. As soon as Bank of America closes back above this level, I plan to buy again. Below the 50 day moving average, the stock has support between $16.45-$17.
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