By Tim - http://stockstobuy.org
The following is Bank of America Corp. (NYSE:BAC) technical analysis for September 3, 2010
Bank of America Corp. Support & Resistance Levels - 9/3/10
Resistance Levels: $13.83, $14.64
Support Levels: $12.20, $11.90
Chart - Courtesy of www.stockcharts.com
Bank of America Corp (BAC) failed at the 50 day moving average today and the stock is pulling back from the high. Bank of America Corp has support down at $13 which needs to hold on a closing basis. If Bank of America closes back below $13, It could potentially move down to retest the $12.17 low but this would be a solid buying opportunity.
Bank of America Corp (BAC) failed at the 50 day moving average today and the stock is pulling back from the high. Bank of America Corp has support down at $13 which needs to hold on a closing basis. If Bank of America closes back below $13, It could potentially move down to retest the $12.17 low but this would be a solid buying opportunity.
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