Bank of America Corporation BAC Technical Analysis

The following is Bank of America Corp. (NYSE:BAC) Technical analysis for October 15, 2010

Bank of America Corporation  BAC stock technical analysis for October 15, 2010

Resistance levels: $13.64, $13.29, $12.94

Support levels:$12.33, $12.07, $11.72

Bank of America Corp (BAC) is broke key support level of $13. Bank of America Corp will find support located between $12.20-$12.50. If Bank of America breaks $12, I think it would set up a buying opportunity. Bank of America will buy if stock closes above yesterday's high.Long term resistance level is $14.50-$15.

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