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Wednesday, October 26, 2011

Bank of America BAC Technical Analysis - 10/26/11

The following is Bank of America Corp. (NYSE:BAC) Technical analysis for October 26, 2011

Bank of America Corporation BAC Resistance, pivot & Support Levels - 10/26/2011

Resistance levels: $6.81, $6.74, $6.60

Pivot point: $6.53
 

Support levels: $6.39, $6.32, $6.18
   

Bank of America Corp (BAC) is closed  $6.46 and stock has support area is $6.BAC will now have resistance at $6.88 followed by $7.53. 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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