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Thursday, September 8, 2011

Bank of America BAC Technical Analysis - 9/8/11

The following is Bank of America Corp. (NYSE:BAC) Technical analysis for September 09, 2011

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

Resistance levels: $7.60, $7.52, $7.36

Pivot point: $7.28
 

Support levels: $7.12, $7.04, $6.88
   

Bank of America Corp (BAC) is closed $7.20 on Thursday and stock has short term support area is $7 and short term resistance at $7.52.BAC will now have next big resistance at $8.80. Bank of America is long term support area is $6 but this is low risk bank stock.This is my one top pick for 2011. 
   
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