Bank of America Corporation BAC Resistance, pivot & Support Levels - 04/15/2011
Resistance levels: $13.45, $13.34, $13.23
Pivot point: $13.15
Support levels:$13.04, $12.96, $12.85
Share of Bank of America Corp (BAC) is trading $13 level last few days.I will keep on eye for $13 low my stop.Bank of America Corp (BAC) will now have resistance at $13.88 which is the 200 day moving average. Bank of America could test $13 now if broke $13 stock could see $12.25 now which will be good buying opportunity.Bank of America can close and hold above $15, the stock could easily $16-$17.On the downside, BAC is a strong buy under $13 if we see a pullback.But this low risk banks stock.This is my one top pick for 2011.
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