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Wednesday, March 7, 2012

Bank of America (BAC) Stock Analysis March 7, 2012

By Tim - http://stockstobuy.org

Bank of America (BAC) Stock Chart - The following is technical analysis on Bank of America ( BAC ) - March 7, 2012

Bank of America (BAC) Support & Resistance Levels - 3/7/12

Resistance Levels: $8.35, $8.77

Support Levels: $7.69, $7.50

Chart - http://www.stockcharts.com

Bank of America (BAC) stock is trading around $7.85 in pre market on Wednesday. BAC continues to close above the 200 day moving average which is why the stock is so strong. Bank of America (BAC) will have support down around $7.69 and resistance at $8.35. A close above $8.35 would extend the rally even further.

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