By Tim - http://stockstobuy.org
The following is Bank of America Corp. (NYSE:BAC) technical analysis for April 26, 2010
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Bank of America Corp. Support & Resistance Levels - 4/26/10
Resistance Levels: $18.70, $19, $20
Support Levels: $18, $17
Chart - Courtesy of www.stockcharts.com
Bank of America Corp is trading at $18.45 this morning as the stock is still below the 10 day moving average located at $18.69. Bank of America has support around the $18 area and I view all pullbacks below $18 as a strong buy. As soon as Bank of America closes back above the 10 day moving average, I think it will rally back to retest the $19.86 level.
Bank of America Corp is trading at $18.45 this morning as the stock is still below the 10 day moving average located at $18.69. Bank of America has support around the $18 area and I view all pullbacks below $18 as a strong buy. As soon as Bank of America closes back above the 10 day moving average, I think it will rally back to retest the $19.86 level.
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