Bank of America Corporation BAC Resistance, pivot & Support Levels - 1/23/2012
Resistance levels: $7.40, $7.24, $7.51
Pivot point: $6.99
Support levels: $6.90, $6.74, $6.65
Bank of America Corp (BAC) is trading over $7 which is very bullish right now.Stock has short term support $4.92 and long term support area is $4.50.Next resistance area is $7.45 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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