Tuesday, November 9, 2010

Bank of America Corporation BAC Technical Analysis

The following is Bank of America Corp. (NYSE:BAC) Technical analysis for November 09, 2010

Bank of America Corporation BAC Resistance & Support Levels - 11/09/2010

Resistance levels: $13.03, $12.88, $12.74
 
Support levels:$12.44, $12.28, $12.14



Bank of America is closed over $12 which is bullish.Bank of America stock was nice week in last week.Now will new resistance level $13. If Bank of America would break below $11, we could see $10 in coming days. This would probably cause the stock market to correction come near future.


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