Bank of America Corporation BAC Technical Analysis

Bank of America Corporation  BAC stock technical analysis for June 01, 2010

Support & Resistance Levels - 6/01/10

Resistance levels: $16.65, $16.34, $16.04

Support levels:$15.57, $15.40, $14.10

Share of Bank of America Corporation trading  under 9 day moving average with is short term bearish.Stock rebound from under $15 last few days.Next resistance level is $17.Any weakness stock is buy near $15 but all depend on market condition..In this level is good buy for long term investment.Also depend of how the market do next few weeks.Next resistance level is $17. Support level is $15.I think longer run stock can go $23-$25 year end target. 

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