Wednesday, October 20, 2010

Bank of America Corporation BAC Technical Analysis

The following is Bank of America Corp. (NYSE:BAC) Technical analysis for October 20, 2010

Bank of America Corporation  BAC stock technical analysis for October 20, 2010

Resistance levels: $13.19, $12.72, $12.26

Support levels:$11.52, $11.24, $10.78



Bank of America Corp (BAC) is trading $11.70 in pre morning trade on Wednesday because . Bank of America Corp will find support located between $11.00-$11.50. I think Bank of America is good buying opportunity. I will buy more if stock go back $11 which is 6-8 months low. Bank of America will buy if stock closes above yesterday's high.Long term resistance level is $14.50-$15.


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Good Luck .. Trade Smart!

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