By Tim - http://stockstobuy.org
The following is Bank of America Corp. (NYSE:BAC) technical analysis for November 12, 2010
Bank of America Corp. Support & Resistance Levels - 11/12/10
Resistance Levels: $12.76, $13, $13.75
Bank of America Corp. Support & Resistance Levels - 11/12/10
Resistance Levels: $12.76, $13, $13.75
Support Levels: $12.00
Chart - Courtesy of www.stockcharts.com
Bank of America Corp (BAC) is trading down 1% this morning. Bank of America Corp needs to continue to hold support located at $12 on a closing basis. Keep an eye on $12.76 as well, Bank of America needs to close above this level to further advance this move. If Bank of America does close above It's 50 day, the next major resistance level to watch out for is $13.75. Bank of America will now have support located at $12.00.
Bank of America Corp (BAC) is trading down 1% this morning. Bank of America Corp needs to continue to hold support located at $12 on a closing basis. Keep an eye on $12.76 as well, Bank of America needs to close above this level to further advance this move. If Bank of America does close above It's 50 day, the next major resistance level to watch out for is $13.75. Bank of America will now have support located at $12.00.
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