Thursday, November 11, 2010

Bank of America Corporation BAC Technical Analysis

The following is Bank of America Corp. (NYSE:BAC) Technical analysis for November 11, 2010

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

Resistance levels: $12.94, $12.81, $12.69
 
Support levels:$12.32, $12.07, $11.95



Bank of America is closed over $12 which is bullish.Now will new resistance level  $12.50-$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.


You want to find out more Technical Analysis -Go Here

Good Luck .. Trade Smart!

For the latest updates on the stock market, visit,
http://hotstocks-blog.blogspot.com/ or Subscribe for free.