Bank of America Corporation BAC Resistance, pivot & Support Levels - 8/27/2012
Resistance levels: $8.58, $8.44, $8.30
Pivot point: $8.16
Support levels: $8.02, $7.88, $7.74
Bank of America Corp (BAC) is closed at $8 on Friday which is short term bullish now.BAC has short term support $8 and long term support area is $6.Next resistance area is $8.60 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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