By Tim - http://stockstobuy.org
The following is Bank of America Corp. (NYSE:BAC) technical analysis for September 10, 2010
Bank of America Corp. Support & Resistance Levels - 9/10/10
Resistance Levels: $13.74, $14.64
Support Levels: $13.00, $12.20, $11.90
Chart - Courtesy of www.stockcharts.com
Bank of America Corp (BAC) is back testing the 50 day moving average that is now down to $13.72. Bank of America Corp needs to close above this as well as $14 to extend the recent move higher. The 10 day moving average is also pointing up which is technically bullish. Bank of America remains a buy below $13 for the long term.
Bank of America Corp (BAC) is back testing the 50 day moving average that is now down to $13.72. Bank of America Corp needs to close above this as well as $14 to extend the recent move higher. The 10 day moving average is also pointing up which is technically bullish. Bank of America remains a buy below $13 for the long term.
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