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Tuesday, February 28, 2012

Bank of America (BAC) Stock Analysis 2/28/12

By Tim - http://stockstobuy.org

Bank of America (BAC) Stock Chart - The following is technical analysis on Bank of America ( BAC ) - February 28, 2012

Bank of America (BAC) Support & Resistance Levels - 2/28/12

Resistance Levels: $8.35, $8.77

Support Levels: $7.50

Chart - http://www.stockcharts.com

Bank of America (BAC) has been one of the best performing financial stocks in 2012. BAC continues to close above the 200 day moving average. Bank of America (BAC) will have support down around $7.50 and resistance at $8.35. A close above $8.35 would extend the rally even further.

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