Tuesday, November 2, 2010

Bank of America Corporation BAC Technical Analysis

The following is Bank of America Corp. (NYSE:BAC) Technical analysis for November 02, 2010

Bank of America Corporation BAC Resistance, pivot & Support Levels - 11/02/2010

Resistance levels: $11.80, $11.70, $11.60

Support levels:$11.38, $11.26, $11.16


BAC share is closed $11.50 on Monday.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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