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Monday, December 5, 2011

Bank of America BAC Technical Analysis - 12/5/11

The following is Bank of America Corp. (NYSE:BAC) Technical analysis for December 05, 2011

Bank of America Corporation BAC Resistance, pivot & Support Levels - 12/5/2011

Resistance levels: $6.08, $5.98, $5.81

Pivot point: $5.71
 

Support levels: $5.54, $5.44, $5.27
   

Bank of America Corp (BAC) is closed $5.64 on Friday 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 of the Top Pick for 2012.     
   
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