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Wednesday, March 14, 2012

Bank of America (BAC) Stock Analysis 3/14/12

By Tim - http://stockstobuy.org

Bank of America (BAC) Stock Chart - The following is technical analysis on Bank of America ( BAC ) - March 14, 2012

Bank of America (BAC) Support & Resistance Levels - 3/14/12

Resistance Levels: $8.76

Support Levels: $8

Chart - http://www.stockcharts.com

Bank of America (BAC) stock broke out on Tuesday and is now trading at $8.70 in pre market today. 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 $8.76. A close above $8.76 would extend the rally even further.

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