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Monday, April 9, 2012

Bank of America BAC Technical Analysis April 9, 2012

The following is Bank of America Corp. (NYSE:BAC) Technical analysis for April 9, 2012

Bank of America Corporation BAC Resistance, pivot & Support Levels - 4/9/2012

Resistance levels: $9.67, $9.53, $9.38

Pivot point: $9.24
 

Support levels: $9.09, $8.95, $8.80
   

Bank of America Corp (BAC) is closed $9.23 on Thursday which is short term bearish now.Stock has short term support $9 and long term support area is $7.Next resistance area is $10.50 which is next swing point. BAC is buy here for long term.Stock could see $12-$15 form here next 12 months.This is my one of the Top Pick for 2012.     
   
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