Bank of America (BAC) Stock Analysis May 4, 2012

By Tim - http://stockstobuy.org - @stockstobuy

Bank of America (BAC) Stock Chart - The following is technical analysis on Bank of America ( BAC ) - May 4, 2012

Bank of America (BAC) Support & Resistance Levels - 5/4/12


Resistance Levels: $8.80

Support Levels: $8.00

Chart - http://www.stockcharts.com

Bank of America (BAC) stock is trading right at $8 support 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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