Monday, October 18, 2010

Bank of America Corporation BAC Technical Analysis

The following is Bank of America Corp. (NYSE:BAC) Technical analysis for October 18, 2010

Bank of America Corporation  BAC stock technical analysis for October 18, 2010

Resistance levels: $13.62, $13.07, $12.52

Support levels:$11.58, $11.19, $10.64



Bank of America Corp (BAC) is broke another key support level of $12. Bank of America Corp will find support located between $11.50-$11.75. I think Bank of America is good buying opportunity. Bank of America will buy if stock closes above yesterday's high.Long term resistance level is $14.50-$15.


You want to find out more Technical Analysis -Go Here

Good Luck .. Trade Smart!

For the latest updates on the stock market, visit,
http://hotstocks-blog.blogspot.com/ or Subscribe for free.