By Tim - http://stockstobuy.org
The following is Bank of America Corp. (NYSE:BAC) technical analysis for September 8, 2010
Bank of America Corp. Support & Resistance Levels - 9/8/10
Resistance Levels: $13.76, $14.64
Support Levels: $13.00, $12.20, $11.90
Chart - Courtesy of www.stockcharts.com
Bank of America Corp (BAC) held $13 over the past few trading sessions which is very bullish going forward. Bank of America Corp now has resistance located at $13.50 as well as $13.69 but then nothing major until the mid $14's. Bank of America remains a strong buy on all pullbacks below $13. The 50 day moving average is the next major resistance level to watch.
Bank of America Corp (BAC) held $13 over the past few trading sessions which is very bullish going forward. Bank of America Corp now has resistance located at $13.50 as well as $13.69 but then nothing major until the mid $14's. Bank of America remains a strong buy on all pullbacks below $13. The 50 day moving average is the next major resistance level to watch.
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