Bank of America Corp (BAC)

[StockConsultant_com]

BAC breakout watch above 10.02

strong move into the close today

BREAKOUT WATCH for possible breakout above 10.02, no resistance in area just above.
Type: True breakout from double resistance.
Target: 10.88, 10.8% Stop: 9.56, Loss: 2.6%, Profit/Loss ratio: 4.2 : 1 - Excellent

CURRENT PRICE 9.82, at resistance or support, 9.84 ± 0.19, type double, strength 10

RESISTANCE ABOVE None.

SUPPORT BELOW -4.7% at 9.36 ± 0.18, type triple, strength 10
-8.4% at 9 ± 0.17, type double, strength 6
-16.9% at 8.16 ± 0.16, type triple , strength 10
-20.8% at 7.78 ± 0.15, type triple, strength 7

source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=BAC