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Tuesday, February 14, 2012

Bank of America (BAC) Stock Analysis February 14, 2012

By Tim - http://stockstobuy.org

Bank of America (BAC) Stock Chart - The following is technical analysis on Bank of America ( BAC ) - February 14, 2012

Bank of America (BAC) Support & Resistance Levels - 2/14/12

Resistance Levels: $8.34, $8.77

Support Levels: $7.50

Chart - http://www.stockcharts.com

Bank of America (BAC) has been one of the best performing financial stocks in 2012, up 45%. BAC finally closed back above the 200 day moving average last week which is very bullish. Bank of America (BAC) will have support down around $7.50 and resistance at $8.77. A close above $8.77 would extend the rally even further.

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