The following is Bank of America Corp. (NYSE:BAC) technical analysis for December 16, 2010
Bank of America Corp. Support & Resistance Levels - 12/16/10
Resistance Levels: $12.88, $13
Support Levels: $12, $11
Bank of America Corp. Support & Resistance Levels - 12/16/10
Resistance Levels: $12.88, $13
Support Levels: $12, $11
Chart - Courtesy of www.stockcharts.com
Bank of America Corp (BAC) is hit a high of $12.68 on Thursday as the stock market is higher on the day. Bank of America has support down around the $12 area. Bank of America Corp has resistance on the upside at $12.88 as well as $13. Bank of America should have another break out when the stock breaks above $13. BAC stock is a strong buy below $12.
Bank of America Corp (BAC) is hit a high of $12.68 on Thursday as the stock market is higher on the day. Bank of America has support down around the $12 area. Bank of America Corp has resistance on the upside at $12.88 as well as $13. Bank of America should have another break out when the stock breaks above $13. BAC stock is a strong buy below $12.
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