Bank of America Corporation BAC Resistance, pivot & Support Levels - 08/20/2011
Resistance levels: $7.51, $7.31, $7.14
Pivot point: $6.94
Support levels: $6.77, $6.57, $6.40
Bank of America Corp (BAC) is closed $7 on but stock has support area is $6.BAC will now have resistance at $7.43 which is the 9 day moving average. Bank of America is new support area is $6 but this is low risk bank stock.This is my one top pick for 2011.
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