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Sunday, December 12, 2010

Bank of America Corp (BAC) Stock Analysis - 12/11/10

By Tim -

The following is Bank of America Corp. (NYSE:BAC) technical analysis for December 11, 2010

Bank of America Corp. Support & Resistance Levels - 12/11/10

Resistance Levels: $13, $13.66
Support Levels: $12

Chart - Courtesy of

Bank of America Corp (BAC) closed very strong on Friday after trading weak in the morning. Bank of America Corp will have resistance located at $13 as well as $13.66. Bank of America will now have support on the downside located at $12.04. Bank of America continues to be a strong buy below $12. Bank of America stock will come back strong in 2011 in my opinion.

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