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Wednesday, June 20, 2012

Bank of America (BAC) Stock Analysis June 20, 2012

By Tim - http://stockstobuy.org - Twitter - @stockstobuy -

Bank of America (BAC) Stock Chart - The following is technical analysis on Bank of America ( BAC ) - June 20, 2012

Bank of America (BAC) Support & Resistance Levels - 6/20/12

Resistance Levels: $8.50

Support Levels: $7.86

Chart - http://www.stockcharts.com

Bank of America (BAC) stock surged back above $8.00 on Tuesday and is near my price target. Bank of America (BAC) will have support down at $7.86 which was the low from Tuesday. If Bank of America (BAC) drops back below $8, the next major level to watch is $7.86. BAC stock is a strong buy below $7. I currently have an $8.50 price target on Bank or America (BAC) for the rest of 2012.




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