Bank of America Corporation BAC Technical Analysis

Bank of America Corporation  BAC Technical Analysis - 05/06/2010

Resistance levels: $17.84, $16.89, $17.53

Support levels:$17.00, $16.47, $16.05

Share of Bank of America Corporation trading under all moving average which is very bearish.Today AH Mad money like  BAC, C and GS.I will keep on watch on it. Next resistance level is $18. Support level is $17 but I do think good buy will  be near $17.60 that will be good buying opportunity.

Good Luck .. Trade Smart!

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