Wednesday, December 1, 2010

Bank of America Corporation BAC Technical Analysis

The following is Bank of America Corp. (NYSE:BAC) Technical analysis for December 01, 2010

Bank of America Corporation BAC Resistance, pivot & Support Levels - 12/01/2010

Resistance levels: $11.69, $11.44, $11.19
 

Support levels:$10.80, $10.66, $10.41


 

Bank of America is closed under $11.Now will new resistance level  $12.50-$13. 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.

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