Sunday, June 20, 2010

Bank of America Corporation BAC Technical Analysis

Bank of America Corporation  BAC stock technical analysis for June 21, 2010

Support & Resistance Levels - 6/21/10

Resistance levels: $16.08, $15.99, $15.90

Support levels:$15.73, $15.65, $15.56




Share of Bank of America Corporation trading near 9 day moving average.Stock has solid support level is $14.54 now.Next resistance level is $16.50.I think stock could go low $14 but all depend on market condition.I think buy under $15 will be good entry for long term.If stock is close over $16.50, it will good bullish signal.

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Good Luck .. Trade Smart!

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