By Tim - http://stockstobuy.org
The following is Bank of America Corp. (NYSE:BAC) technical analysis for October 14, 2010
Bank of America Corp. Support & Resistance Levels - 10/14/10
Resistance Levels: $14.06, $14.64
Support Levels: $13.00
Chart - Courtesy of www.stockcharts.com
Bank of America Corp (BAC) is breaking down this morning and piercing the key support level of $13. Bank of America Corp will find support located between $12.20-$12.50. If Bank of America breaks $12, I think it would set up a buying opportunity. Bank of America will begin to break out when the stock closes above yesterday's high.
Bank of America Corp (BAC) is breaking down this morning and piercing the key support level of $13. Bank of America Corp will find support located between $12.20-$12.50. If Bank of America breaks $12, I think it would set up a buying opportunity. Bank of America will begin to break out when the stock closes above yesterday's high.
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