Thursday, November 4, 2010

Bank of America Corp BAC Stock Alert - Near 9 Day Moving Average

The following is Bank of America Corp. (NYSE:BAC) Technical analysis for November 04, 2010

Bank of America Corporation BAC Resistance, pivot & Support Levels - 11/04/2010

Resistance levels: $11.79, $11.70, $11.61

Support levels:$11.37, $11.22, $11.13


BAC share is trading over $11.65 in pre morning trade on Thursday.Bank of America will new resistance level  $12.If Bank of America would break below $11, we could see $10 in coming days. If stock break over $12.30, we could see new uptrend iin  Bank of America stock.This would probably cause the stock market to correction come near future.That will be good buying opportunity.


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Good Luck .. Trade Smart!

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