Saturday, December 4, 2010

Bank of America Corporation BAC Technical Analysis

The following is Bank of America Corp. (NYSE:BAC) Technical analysis for December 06, 2010

Bank of America Corporation BAC Resistance, pivot & Support Levels - 12/06/2010

Resistance levels: $12.23, $12.10, $11.98
 

Support levels:$11.63, $11.40, $11.28


 

Bank of America is closed over $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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