By Tim - http://stockstobuy.org
The following is Bank of America Corp. (NYSE:BAC) technical analysis for October 26, 2010
Bank of America Corp. Support & Resistance Levels - 10/26/10
Resistance Levels: $13, $14.06, $14.64
Bank of America Corp. Support & Resistance Levels - 10/26/10
Resistance Levels: $13, $14.06, $14.64
Support Levels: $11.07, $10.53, $10.00
Chart - Courtesy of www.stockcharts.com
Bank of America Corp (BAC) made a new low at $11.03 this morning and continues the downward spiral. Bank of America Corp will now have resistance located at the 10 day moving average ( currently $11.91 ). When Bank of America closes back above this level, I plan to buy the stock for a trade. Bank of America continues to have support located at $11.
Bank of America Corp (BAC) made a new low at $11.03 this morning and continues the downward spiral. Bank of America Corp will now have resistance located at the 10 day moving average ( currently $11.91 ). When Bank of America closes back above this level, I plan to buy the stock for a trade. Bank of America continues to have support located at $11.
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