Mohacsy's Safe Portfolio Member Forum

[dexprs]

Bank of America levels to watch 12/03 08:29 AM



Following news of plans for its TARP repayment, the shares are up 3.5% in the pre-market. This put the shares just under major downtrend resistance at the 50-day moving average, last at $16.32. The shares need to break above this moving average to be back on a bullish footing. In that event, the following resistance levels could become additional upside objectives: $16.81, $17.22, $17.51.