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Thursday, September 23, 2010

Bank of America Corp BAC Stock - 9/23/10

By Tim - http://stockstobuy.org

The following is Bank of America Corp. (NYSE:BAC) technical analysis for September 23, 2010

Bank of America Corp. Support & Resistance Levels - 9/23/10


Resistance Levels: $14.06, $14.64

Support Levels: $13.24, $13.00

Chart - Courtesy of www.stockcharts.com

Bank of America Corp (BAC) back to the $13.30 support level as the financials remain very weak. Bank of America Corp hit a new weekly low at $13.22 so this level will need to hold in the future. If Bank of America closes below $13.30, look for $13 to be tested. Bank of America continues to have resistance around $14 on the upside.

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