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Monday, December 13, 2010

Bank of America Corp (BAC) Stock Technical Analysis

By Tim - http://stockstobuy.org

The following is Bank of America Corp. (NYSE:BAC) technical analysis for December 13, 2010

Bank of America Corp. Support & Resistance Levels - 12/13/10

Resistance Levels: $13, $13.66

Support Levels: $12

Chart - Courtesy of www.stockcharts.com

Bank of America Corp (BAC) is higher in pre market this morning ($12.90). 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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