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Monday, November 28, 2011

Bank of America BAC Technical Analysis - 11/28/11

The following is Bank of America Corp. (NYSE:BAC) Technical analysis for November 28, 2011

Bank of America Corporation BAC Resistance, pivot & Support Levels - 11/28/2011

Resistance levels: $5.50, $5.41, $5.29

Pivot point: $5.20
 

Support levels: $5.08, $4.99, $4.87
   

Bank of America Corp (BAC) is closed $5.17 on Friday which another low  and stock has short term support $5.12 and long term support area is $5.Next resistance area is $6.59 which weekly resistance area now.BAC will now have resistance at $8.88.This is my one top pick for 2012.     
   
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