Bank of America Corporation BAC Resistance, pivot & Support Levels - 5/17/2012
Resistance levels: $7.75, $7.61, $7.36
Pivot point: $7.22
Support levels: $6.97, $6.83, $6.58
Bank of America Corp (BAC) is closed $7.11 on Wednesday which is short term bearish now.BAC has short term support $7 and long term support area is $6.Next resistance area is $7.95 which is next area to look for uptrend. BAC could see $12-$15 form here next 12 months.This is my one of the Top Pick for 2012.
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