Bank of America BAC Stock Analysis 9/8/09

Bank of America Corporation Stock Chart - The following is Bank of America Corp.(NYSE:BAC) technical analysis for September 8, 2009

Bank of America Corp. Support & Resistance Levels - 9/8/09

Resistance Levels: $17.30, $18.24, $20, $24

Support Levels: $16, $15, $12.80

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Bank of America had a nice pullback to $16 last week but has since rebounded and is retesting the 10 day moving average. I am watching for a close over $18.24 to take a new long position but would also be buying a pullback to the 50 day moving average. For More Technical Analysis - Go Here

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