Bank of America Corporation BAC Resistance, pivot & Support Levels - 07/05/2011
Resistance levels: $11.40, $11.27, $11.18
Pivot point: $11.05
Support levels:$10.96, $10.83, $10.74
Bank of America Corp (BAC) is still trading over $11 again but stock may be found some support in $10s.BAC will now have resistance at $11.57 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.
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