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Saturday, October 1, 2011

Bank of America BAC Technical Analysis - 10/1/11

The following is Bank of America Corp. (NYSE:BAC) Technical analysis for October 3, 2011

Bank of America Corporation BAC Resistance, pivot & Support Levels - 10/3/2011

Resistance levels: $6.46, $6.39, $6.25

Pivot point: $6.18
 

Support levels: $6.04, $5.97, $5.83
   

Bank of America Corp (BAC) is closed  $6.20 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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