Bank of America Corporation BAC Resistance, pivot & Support Levels - 06/20/2011
Resistance levels: $10.96, $10.86, $10.77
Pivot point: $10.67
Support levels:$10.58, $10.48, $10.39
Bank of America Corp (BAC) is still trading under $11 on Friday but stock may be found some support in $10s.BAC will now have resistance at $12.04 which is the 50 day moving average. Bank of America is new support area is $10.20 but this is low risk bank stock.This is my one top pick for 2011. Bank of America is new support area is $10.20 but this is low risk bank stock.This is my one top pick for 2011.
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