Wednesday, June 23, 2010

Bank of America Corporation BAC Technical Analysis

Bank of America Corporation  BAC stock technical analysis for June 23, 2010

Support & Resistance Levels - 6/23/10

Resistance levels: $16.25, $16.02, $15.80

Support levels:$15.46, $15.34, $15.12




Share of Bank of America Corporation trading under 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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