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Thursday, February 23, 2012

Bank of America (BAC) Stock Analysis 2/23/12

By Tim - http://stockstobuy.org

Bank of America (BAC) Stock Chart - The following is technical analysis on Bank of America ( BAC ) - February 23, 2012

Bank of America (BAC) Support & Resistance Levels - 2/23/12

Resistance Levels: $8.35, $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 43%. BAC continues to close above the 200 day moving average. Bank of America (BAC) will have support down around $7.50 and resistance at $8.35. A close above $8.35 would extend the rally even further.

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