Bank of America Corporation BAC Resistance, pivot & Support Levels - 08/01/2011
Resistance levels: $10.25, $10.10, $9.90
Pivot point: $9.75
Support levels:$9.55, $9.40, $9.20
Bank of America Corp (BAC) is still trading over $10 but stock has support area is $8-$9.BAC will now have resistance at $10.06 which is the 9 day moving average. Bank of America is new support area is $9.50 but this is low risk bank stock.This is my one top pick for 2011.
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