Bank of America Corporation BAC Resistance, pivot & Support Levels - 12/2/2011
Resistance levels: $6.01, $5.82, $5.67
Pivot point: $5.48
Support levels: $5.33, $5.14, $4.99
Bank of America Corp (BAC) is closed $5.53 on Thursday which is short term bullish 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.
For more Technical Analysis -Go Here
For the latest updates on the stock market, visit,
http://daytradingstock-blog.blogspot.com/