By Tim - http://stockstobuy.org
The following is Bank of America Corp. (NYSE:BAC) technical analysis for April 29, 2010
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Bank of America Corp. Support & Resistance Levels - 4/29/10
Resistance Levels: $18.35, $19, $20
Support Levels: $17.41, $17, $16.45
Chart - Courtesy of www.stockcharts.com
Bank of America Corp (BAC) continues to bounce off the 50 day moving average as expected and the stock is set to trade around $18 today. I bought Bank of America stock two days ago and plan to add more on a close back above the 10 day moving average. This stock is a long term buy and at the end of 2010, I expect to see BAC trade between $20-$25.
Bank of America Corp (BAC) continues to bounce off the 50 day moving average as expected and the stock is set to trade around $18 today. I bought Bank of America stock two days ago and plan to add more on a close back above the 10 day moving average. This stock is a long term buy and at the end of 2010, I expect to see BAC trade between $20-$25.
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