Bank of America Corporation BAC Resistance, pivot & Support Levels - 12/27/2011
Resistance levels: $5.82, $5.72, $5.66
Pivot point: $5.56
Support levels: $5.50, $5.40, $5.34
Bank of America Corp (BAC) is nice rebound from under $5 last week which will new support for gong forward.Stock has short term support $4.92 and long term support area is $4.50.Next resistance area is $6.59 which weekly resistance area now.BAC is buy here for long term.Stock could see see double form here next 12 months.This is my one of the Top Pick for 2012.
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