Bank of America Corporation BAC Resistance, pivot & Support Levels - 06/27/2011
Resistance levels: $11.06, $10.88, $10.70
Pivot point: $10.59
Support levels:$10.41, $10.30, $10.12
Bank of America Corp (BAC) is closed in mid 10s on Friday but stock may be found some support in $10s.BAC will now have resistance at $11.59 which is the 50 day moving average. Bank of America is new support area is $10.20 but this is low risk bank stock.This is my one top pick for 2011. Bank of America is new support area is $10.20 but this is low risk bank stock.This is my one top pick for 2011.
For more Technical Analysis -Go Here
For the latest updates on the stock market, visit,
http://daytradingstock-blog.blogspot.com/
