Bank of America Corp (BAC) Stock Analysis 4/1/11

By Tim - http://stockstobuy.org

The following is Bank of America Corp. (NYSE:BAC) technical analysis for April 1, 2011

Bank of America Corp. (BAC) Support & Resistance Levels - 4/1/11

Resistance Levels: $14.00

Support Levels: $13.00, $12.87

Chart - Courtesy of www.stockcharts.com

Bank of America Corp (NYSE:BAC) continues to hold $13 and is now up 1.6% on Friday ($13.53). Bank of America Corp (BAC) will have support at $13.00 followed by $12.87. If Bank of America would close below $13.00, BAC stock could end up testing $12.25. Bank of America will now have resistance located at $14.00. BAC continues to be a strong buy below $14. Bank of America Corp (BAC) will become hot again in 2011 after this correction.

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