Bank of America BAC Stock Analysis 9/21/09

Bank of America Corporation Stock Chart - The following is Bank of America Corp.(NYSE:BAC) technical analysis for September 21, 2009

Bank of America Corp. Support & Resistance Levels - 9/21/09

Resistance Levels: $18.24, $20, $24

Support Levels: $16.50, $16

Chart - http://stockcharts.com/

Discuss Stocks - http://stockstobuy.org

Bank of America continues to trade above the 10 day moving average which is very bullish. Keep an eye on the previous high of $18.24, a close over that level would be even more bullish and i'd expect the $20's to be tested.

On the downside, I like pullbacks between $16.00-$16.50 which is a solid support area.

For More Technical Analysis - Go Here

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free