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Friday, April 30, 2010

Bank of America Corp BAC Stock - 4/30/10

By Tim - http://stockstobuy.org

The following is Bank of America Corp. (NYSE:BAC) technical analysis for April 30, 2010

Bank of America Corp. Support & Resistance Levels - 4/30/10

Resistance Levels: $18.91, $19.89

Support Levels: $17.41, $17, $16.45

Chart - Courtesy of www.stockcharts.com

Bank of America Corp (BAC) closed back above the 10 day moving average on Thursday which is very bullish. Bank of America should now bounce off this moving average and close above it on corrections. The next major resistance level to watch out for is $18.91 followed by $19.86.

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