Tuesday, October 26, 2010

Bank of America Corporation BAC Technical Analysis

The following is Bank of America Corp. (NYSE:BAC) Technical analysis for October 26, 2010

Bank of America Corporation BAC Resistance & Support Levels - 10/26/2010


Resistance levels: $12.11, $11.79, $11.47

Support levels:$10.95, $10.75, $10.43



Bank of America is trading near another critical level which is $11. Bank of America will new resistance level  $12. If Bank of America would break below $11, we could see $10 in coming days. This would probably cause the stock market to correction come near future.That will be good buying opportunity.


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