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Monday, September 20, 2010

Bank of America Corp BAC Stock - 9/20/10

By Tim - http://stockstobuy.org

The following is Bank of America Corp. (NYSE:BAC) technical analysis for September 20, 2010

Bank of America Corp. Support & Resistance Levels - 9/20/10

Resistance Levels: $14.06, $14.64

Support Levels: $13.00, $12.20

Chart - Courtesy of www.stockcharts.com

Bank of America Corp (BAC) is trading back below all three major moving averages after showing great strength during the past two weeks. Bank of America Corp needs to hold $13 on the downside or we risk a move back to the lows. Bank of America will have resistance located at $14.06 on the upside.

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