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Thursday, September 20, 2012

Bank of America BAC Technical Analysis September 20, 2012

The following is Bank of America Corp. (NYSE:BAC) Technical analysis for September 20, 2012 

Bank of America Corporation BAC Resistance, pivot & Support Levels - 9/20/2012

Resistance levels: $9.59, $9.52, $9.40

Pivot point: $9.33
 

Support levels: $9.40, $9.14, $9.02
   

Bank of America Corp (BAC) is closed at $9.26 which is very bullish now.BAC has short term support $7.80 and long term support area is $6.Next resistance area is $9.79 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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