By Tim - http://stockstobuy.org
The following is Bank of America Corp. (NYSE:BAC) technical analysis for December 15, 2010
Bank of America Corp. Support & Resistance Levels - 12/15/10
Resistance Levels: $13, $13.66
Support Levels: $12
Bank of America Corp. Support & Resistance Levels - 12/15/10
Resistance Levels: $13, $13.66
Support Levels: $12
Chart - Courtesy of www.stockcharts.com
Bank of America Corp (BAC) is up afterhours as news crosses Dow Jones that the company is in discussions to settle some or all of the mortgage disputes. Bank of America Corp will have resistance located at $13 as well as $13.66. Bank of America will now have support on the downside located at $12.02. Bank of America continues to be a strong buy below $12. Bank of America stock will come back strong in 2011 in my opinion.
Bank of America Corp (BAC) is up afterhours as news crosses Dow Jones that the company is in discussions to settle some or all of the mortgage disputes. Bank of America Corp will have resistance located at $13 as well as $13.66. Bank of America will now have support on the downside located at $12.02. Bank of America continues to be a strong buy below $12. Bank of America stock will come back strong in 2011 in my opinion.
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