By Tim - http://stockstobuy.org
The following is Bank of America Corp. (NYSE:BAC) technical analysis for September 15, 2010
Bank of America Corp. Support & Resistance Levels - 9/15/10
Resistance Levels: $14.06, $14.64
Support Levels: $13.00, $12.20, $11.90
Chart - Courtesy of www.stockcharts.com
Bank of America Corp (BAC) closed at $13.71 on Wednesday and is still a very strong stock. Bank of America Corp will have resistance located at $14.06 as well a major resistance located at $14.64. With the 10 day moving average getting ready to break up through the 50 day, I'd say Bank of America is more likely to hit $14.64 then go back below $13.
Bank of America Corp (BAC) closed at $13.71 on Wednesday and is still a very strong stock. Bank of America Corp will have resistance located at $14.06 as well a major resistance located at $14.64. With the 10 day moving average getting ready to break up through the 50 day, I'd say Bank of America is more likely to hit $14.64 then go back below $13.
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