Bank of America Corporation BAC Technical Analysis

Bank of America Corporation  BAC Technical Analysis - 05/03/2010

Resistance levels: $18.99, $18.60, $18.21

Support levels:$17.52, $17.22, $16.83

Share of Bank of America Corporation trading near all moving average which is bullish.Next resistance level is $19, $19.50. Support level is $18 but I do think good buy will 50 ema which is $17.60 that will be good buying opportunity.

Good Luck .. Trade Smart!

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