By Tim - http://stockstobuy.org
The following is Bank of America Corp. (NYSE:BAC) technical analysis for September 13, 2010
Bank of America Corp. Support & Resistance Levels - 9/13/10
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 trading around the $14 resistance level today. Bank of America Corp needs to close above $14 to extend the rally higher. If Bank of America does close above $14.00, I think we could easily see a move toward $14.64 the last major high in July. Pullbacks below $13 are a strong buy.
Bank of America Corp (BAC) is trading around the $14 resistance level today. Bank of America Corp needs to close above $14 to extend the rally higher. If Bank of America does close above $14.00, I think we could easily see a move toward $14.64 the last major high in July. Pullbacks below $13 are a strong buy.
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