By Tim - http://stockstobuy.org
The following is Bank of America Corp. (NYSE:BAC) technical analysis for September 14, 2010
Bank of America Corp. Support & Resistance Levels - 9/14/10
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 pulling back around 1% in early trading to $13.77. Bank of America Corp hit a low of $13.64 this morning but seems to be leveling out now. After hitting $14.06 on Monday, Bank of America is pulling back to the 50 day moving average located at $13.71. This will be a support level that must hold on a closing basis or we could see a test of $13.30 again. Bank of America is a strong buy below $13.
Bank of America Corp (BAC) is pulling back around 1% in early trading to $13.77. Bank of America Corp hit a low of $13.64 this morning but seems to be leveling out now. After hitting $14.06 on Monday, Bank of America is pulling back to the 50 day moving average located at $13.71. This will be a support level that must hold on a closing basis or we could see a test of $13.30 again. Bank of America is a strong buy below $13.
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