By Tim - http://stockstobuy.org
The following is Bank of America Corp. (NYSE:BAC) technical analysis for February 23, 2011
Bank of America Corp. (BAC) Support & Resistance Levels - 2/23/11
Resistance Levels: $14.52, $15
Bank of America Corp. (BAC) Support & Resistance Levels - 2/23/11
Resistance Levels: $14.52, $15
Support Levels: $13.99, $13.69
Chart - Courtesy of www.stockcharts.com
Bank of America Corp (BAC) is now testing $14 after hitting $13.95 on Wednesday. Bank of America Corp (BAC) will now hit support at $13.99 as well as $13.67. If Bank of America would close below $13.99, BAC stock would probably test the 200 day moving average. Bank of America will have resistance located at $14.52 . BAC is now a strong buy below $14. Bank of America Corp is becoming hot again in 2011 after this correction.
Chart - Courtesy of www.stockcharts.com
Bank of America Corp (BAC) is now testing $14 after hitting $13.95 on Wednesday. Bank of America Corp (BAC) will now hit support at $13.99 as well as $13.67. If Bank of America would close below $13.99, BAC stock would probably test the 200 day moving average. Bank of America will have resistance located at $14.52 . BAC is now a strong buy below $14. Bank of America Corp is becoming hot again in 2011 after this correction.
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