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Friday, September 14, 2012

Bank of America BAC Technical Analysis September 14, 2012

The following is Bank of America Corp. (NYSE:BAC) Technical analysis for September 14, 2012 

Bank of America Corporation BAC Resistance, pivot & Support Levels - 9/14/2012

Resistance levels: $9.65, $9.50, $8.98

Pivot point: $8.89
 

Support levels: $8.31, $8.22, $7.64
   

Bank of America Corp (BAC) is closed at $9.37 on Thursday which is very bullish now.BAC has short term support $7.80 and long term support area is $6.Next resistance area is $9.48 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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