Wednesday, December 8, 2010

Bank of America Corporation BAC Technical Analysis

The following is Bank of America Corp. (NYSE:BAC) Technical analysis for December 09, 2010

Bank of America Corporation BAC Resistance, pivot & Support Levels - 12/09/2010

Resistance levels: $12.54, $12.36, $12.48
 
Support levels:$11.71, $11.42, $11.24 
 



Bank of America is closed over $12.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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