Saturday, April 24, 2010

Bank of America Corporation BAC Technical Analysis

Bank of America Corporation  BAC Technical Analysis - 04/26/2010

Resistance levels: $19.86, $18.66, $18.54

Support levels:$18.29, $18.04



Share of Bank of America Corp (BAC) keep going down from last week after releasing good earning because of GS news.I think nice support level is $18 area which is good buy level.If stock break over $19 stock can go next leg for run.I think longer run stock can go $23-$25 year end target.

Good Luck .. Trade Smart!

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