Welcome to Stock Trading Signals

Daily Top Stocks Pick Alert

Hottest Stocks in 2015- ANAC- ZIOP -ADXS- EXEL
Hottest Penny Stocks in 2015 - CTRV -HLTH-FRO
Stocks Pick in 2015 - AAPL - BAC - ANR - X
Hottest Stocks in 2014- AVNR- AGIO -ACH- VDSI
Hottest Penny Stocks in 2014 - JOB -PLUG-QTM
My Daily Trading Activities - Membership Link

Wednesday, June 1, 2011

Bank of America BAC Technical Aanalysis

The following is Bank of America Corp. (NYSE:BAC) Technical analysis for June 02, 2011

Bank of America Corporation BAC Resistance, pivot & Support Levels - 06/02/2011

Resistance levels: $12.25, $11.91, $11.57

Pivot point: $11.40
 

Support levels:$11.06, $10.89, $10.55
   
Bank of America Corp (BAC) is trading under 9 day moving average again on Wednesday and will now have resistance at $12.39 which is the 50 day moving average. Bank of America old support area broke today now new support area is $10.89 which is last Dec  low.Bank of America can close and hold above $15, the stock could easily $16-$17.On the downside, BAC is a strong buy under $13 if we see a pullback.But this low risk banks stock.This is my one top pick for 2011.    


For more Technical Analysis -Go Here

For the latest updates on the stock market, visit, 
http://daytradingstock-blog.blogspot.com/