By Tim - http://stockstobuy.org
The following is Bank of America Corp. (NYSE:BAC) technical analysis for February 11, 2011
Bank of America Corp. (BAC) Support & Resistance Levels - 2/11/11
Resistance Levels: $14.77, $15
Support Levels: $14, $13.90, $13.35
Chart - Courtesy of www.stockcharts.com
Bank of America Corp (BAC) is trading above the 10 day moving average now which is offering support. Bank of America Corp (BAC) will hit resistance on the upside at $14.77 & $15 followed by $15.31. If Bank of America would break up through $15.31, BAC stock would head back into the $16-$17 range. Bank of America will now have some nice support around $14. BAC is now a strong buy below $14. Bank of America Corp is becoming hot again in 2011 after a brief correction.
Bank of America Corp. (BAC) Support & Resistance Levels - 2/11/11
Resistance Levels: $14.77, $15
Support Levels: $14, $13.90, $13.35
Chart - Courtesy of www.stockcharts.com
Bank of America Corp (BAC) is trading above the 10 day moving average now which is offering support. Bank of America Corp (BAC) will hit resistance on the upside at $14.77 & $15 followed by $15.31. If Bank of America would break up through $15.31, BAC stock would head back into the $16-$17 range. Bank of America will now have some nice support around $14. BAC is now a strong buy below $14. Bank of America Corp is becoming hot again in 2011 after a brief correction.
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