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Saturday, October 30, 2010

Bank of America Corp (BAC) Drops 1%

By Tim - http://stockstobuy.org

The following is Bank of America Corp. (NYSE:BAC) technical analysis for October 30, 2010

Bank of America Corp. Support & Resistance Levels - 10/30/10

Resistance Levels: $12
Support Levels: $11.03, $10.53, $10.00

Chart - Courtesy of www.stockcharts.com

Bank of America Corp (BAC) dropped 1% on Friday but continues to hold $11. The jury is still out on whether or not Bank of America bottomed or not. Bank of America Corp has support at $11 & $10.53 but then nothing until $10. On the upside, Bank of America has resistance located at $12.

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