![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg0ixPri56au33Fa4Ohz-1bQPiWFHcLxWj6yMXhdENy9aRt7b9-iSInoJroLtXc-F1dITp8pmJM-hmM-ZkZBrAex6I4uBpyBd6oOIxeuc09_E5rAnuHVP1wFHn9oAuur-RUgUprRqdo4hM/s320/bac.png)
The following is Bank of America Corp. (NYSE:BAC) technical analysis for January 19, 2011
Bank of America Corp. Support & Resistance Levels - 1/19/11
Resistance Levels: $14.95, $15.69
Support Levels: $14, $13, $12.72
Chart - Courtesy of www.stockcharts.com
Bank of America Corp (BAC) closed at $14.37 and was down 4% on Wednesday. Bank of America will need to close above $15 for a few days in order to continue the rally. If Bank of America can close and hold above $15, the stock could easily rip into the $16-$17 range with no problem. On the downside, BAC is a strong buy below $13 which is where the 50 day moving average is located. Bank of America Corp and the financials will be a hot in 2011.
Bank of America Corp. Support & Resistance Levels - 1/19/11
Resistance Levels: $14.95, $15.69
Support Levels: $14, $13, $12.72
Chart - Courtesy of www.stockcharts.com
Bank of America Corp (BAC) closed at $14.37 and was down 4% on Wednesday. Bank of America will need to close above $15 for a few days in order to continue the rally. If Bank of America can close and hold above $15, the stock could easily rip into the $16-$17 range with no problem. On the downside, BAC is a strong buy below $13 which is where the 50 day moving average is located. Bank of America Corp and the financials will be a hot in 2011.
For More Technical Analysis - Click Here
Today's Biggest Stock Gainers - Top 2011 Stock Gainers - Top 2011 Penny Stock Gainers - Top 2010 Stock Gainers - Top 2010 Penny Stocks - Stocks for 2011
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free