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Wednesday, August 31, 2011

Bank of America BAC Technical Analysis - 8/31/11

The following is Bank of America Corp. (NYSE:BAC) Technical analysis for September 01, 2011

Bank of America Corporation BAC Resistance, pivot & Support Levels - 09/01/2011

Resistance levels: $8.45, $8.37, $8.27

Pivot point: $8.19
 

Support levels: $8.09, $8.01, $7.91
   

Bank of America Corp (BAC) is closed $8.17 on Wednesday and stock has support area is $6.BAC will now have resistance at $8.80. 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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