Thursday, October 13, 2011

Bank of America BAC Technical Analysis - 10/13/11

The following is Bank of America Corp. (NYSE:BAC) Technical analysis for October 13, 2011

Bank of America Corporation BAC Resistance, pivot & Support Levels - 10/13/2011

Resistance levels: $7.16, $6.95, $6.76

Pivot point: $6.55
 

Support levels: $6.36, $6.15, $5.96
   

Bank of America Corp (BAC) is closed  $6.54 and stock has support area is $6.BAC will now have resistance at $6.74 followed by $6.88. Bank of America is new support area is $5.50 but this is low risk bank stock.This is my one top pick for 2011.     
   
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