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Monday, September 12, 2011

Bank of America BAC Technical Analysis - 9/12/11

The following is Bank of America Corp. (NYSE:BAC) Technical analysis for September 12, 2011

Bank of America Corporation BAC Resistance, pivot & Support Levels - 09/12/2011

Resistance levels: $7.39, $7.30, $7.14

Pivot point: $7.05
 

Support levels: $6.89, $6.80, $6.64
   

Bank of America Corp (BAC) is closed under $7  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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