The following is Bank of America Corp. (NYSE:BAC) technical analysis for February 5, 2011
Bank of America Corp. (BAC) Support & Resistance Levels - 2/5/11
Resistance Levels: $15
Support Levels: $14, $13.90, $13.28
Chart - Courtesy of www.stockcharts.com
Bank of America Corp (BAC) closed at $14.29 on Friday. Bank of America has support at $14 as well as $13.90. Bank of America will now have resistance up at $15. BAC is a strong buy below $13.28 which is where the 50 day moving average is located. Bank of America Corp is becoming hot again in 2011 after a brief correction.
Bank of America Corp. (BAC) Support & Resistance Levels - 2/5/11
Resistance Levels: $15
Support Levels: $14, $13.90, $13.28
Chart - Courtesy of www.stockcharts.com
Bank of America Corp (BAC) closed at $14.29 on Friday. Bank of America has support at $14 as well as $13.90. Bank of America will now have resistance up at $15. BAC is a strong buy below $13.28 which is where the 50 day moving average is located. Bank of America Corp is becoming hot again in 2011 after a brief correction.
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