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Wednesday, September 26, 2012

Bank of America BAC Technical Analysis September 27, 2012

The following is Bank of America Corp. (NYSE:BAC) Technical analysis for September 27, 2012 

Bank of America Corporation BAC Resistance, pivot & Support Levels - 9/27/2012

Resistance levels: $9.12, $9.01, $8.91

Pivot point: $8.80
 

Support levels: $8.70, $8.59, $8.49
   

Bank of America Corp (BAC) is closed at $8.81 which is short term bearish 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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