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Wednesday, September 29, 2010

Bank of America Corp BAC September 29, 2010

By Tim - http://stockstobuy.org

The following is Bank of America Corp. (NYSE:BAC) technical analysis for September 29, 2010

Bank of America Corp. Support & Resistance Levels - 9/29/10


Resistance Levels: $14.06, $14.64

Support Levels: $13.00

Chart - Courtesy of www.stockcharts.com

Bank of America Corp (BAC) is back testing the $13.00 area today as the bank stocks remain weak. Bank of America Corp has resistance located at $14 the upside with support at $13 on the downside. If $13 fails, Bank of America could move down to test the lows around $12.17. Bank of America would be a strong buy below $12.25.

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