Bank of America Corporation BAC Resistance, pivot & Support Levels - 5/9/2012
Resistance levels: $8.10, $8.00, $7.89
Pivot point: $7.79
Support levels: $7.68, $7.58, $7.47
Bank of America Corp (BAC) is closed $7.79 on Tuesday which is short term bearish now.BAC has short term support $7.50 and long term support area is $7.Next resistance area is $8.50 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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