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Friday, September 30, 2011

Bank of America BAC Technical Analysis - 9/30/11

The following is Bank of America Corp. (NYSE:BAC) Technical analysis for September 30, 2011

Bank of America Corporation BAC Resistance, pivot & Support Levels - 09/30/2011

Resistance levels: $6.78, $6.61, $6.48

Pivot point: $6.31
 

Support levels: $6.18, $6.01, $5.88
   

Bank of America Corp (BAC) is closed over $6.35  and stock has support area is $6.BAC will now have resistance at $6.80. 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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