Bank of America (BAC) Stock Analysis May 3, 2012

By Tim - http://stockstobuy.org

Bank of America (BAC) Stock Chart - The following is technical analysis on Bank of America ( BAC ) - May 3, 2012

Bank of America (BAC) Support & Resistance Levels - 5/3/12


Resistance Levels: $8.80

Support Levels: $8.00

Chart - http://www.stockcharts.com

Bank of America (BAC) stock is bouncing up to $8.20 in pre market this morning. BAC continues to close below the 50 day moving average which is why the stock is so weak. Bank of America (BAC) will have support down around $8 and is a buy below $7.50 this summer.

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