Bank of America Corporation BAC Resistance, pivot & Support Levels - 8/29/2012
Resistance levels: $8.22, $8.16, $8.06
Pivot point: $8.00
Support levels: $7.90, $7.84, $7.74
Bank of America Corp (BAC) is closed at $7.95 on Tuesday which is short term bearish now.BAC has short term support $7.80 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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