Bank of America Corporation BAC Resistance, pivot & Support Levels - 5/14/2012
Resistance levels: $8.10, $7.93, $7.74
Pivot point: $7.57
Support levels: $7.38, $7.21, $7.02
Bank of America Corp (BAC) is closed $7.55 on Friday which is short term bearish now.BAC has short term support $7.40 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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