Bank of America Corporation BAC Resistance, pivot & Support Levels - 4/19/2012
Resistance levels: $9.16, $9.08, $9.00
Pivot point: $8.92
Support levels: $8.84, $8.76, $8.68
Bank of America Corp (BAC) is closed $8.92 on Wednesday which is short term bearish now.BAC will release earning before market open on Thursday.Stock has short term support $8.50 and long term support area is $7.Next resistance area is $9.51 which is next area to look for uptrend. 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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