BANK OF AMERICA CORPORATION (BAC) NYSE - Mar 18, 2013

SIA Charts Daily Stock Report (siacharts.com)

The SIA Daily Stock Report utilizes a proven strategy of uncovering outperforming and underperforming stocks from our marquee equity reports; the S&P/TSX 60, S&P/TSX Completion and S&P/TSX Small cap We overlay these powerful reports with our extensive knowledge of point and figure and candlestick chart signals, along with other western-style technical indicators to identity stocks as they breakout or breakdown. In doing so we provide our Elite-Pro Subscribers with truly independent coverage of the Canadian stock market with specific buy and sell trigger points.

Note: Subscribers can screen all Canadian and U.S. stocks and mutual funds, or as components of equally weighted mutual fund sectors indices (e.g. Income Trusts, Precious Metals), and fund groups by issuer (eg. AGF, Dynamic, Franklin Templeton), all Canadian ETFs, ETF Families by issuer (iShares, Horizons, BMO) or as components of Equally Weighted ETF Sector Indices (e.g. 2020+ Target date, Cdn Equity Lg Cap), and create and monitor their own, or SIA's existing model portfolios. Finally, subscribers benefit from being able to generate BUY-WATCH-SELL Signals on demand with SIA Charts proprietary Favoured/Neutral/Unfavoured, SMAX scoring algorithm (see green-yellow-red graph 1 below).

BANK OF AMERICA CORPORATION (BAC) NYSE - Mar 18, 2013

GREEN - Favoured / Buy Zone
YELLOW - Neutral / Hold Zone
RED - Unfavoured / Sell / Avoid Zone

BANK OF AMERICA CORPORATION (BAC) NYSE - Mar 18, 2013 - Currently in the 5th spot in the SIA S&P 100 Report, Bank of America (BAC) is up against minor resistance at $12.50 after breaking out of the top of a recently formed channel. Should this resistance break, $13.89 is the next potential resistance level. Support is at $11.40 and again below that at the bottom of the channel at $10.96.

844_4_20130315_300488_0_0_22193

Bank of America (BAC) has now moved back into the Favored Zone of the SIA S&P 100 Report, in 24th spot. Now approaching resistance at $9.94, move above that sees $10.97 as the next potential resistance point. Support is now at $8.65 and again at $8.15.

844_1_20120913_300488_0_0_1538109

844_1_20130315_300488_0_0_3772921

Napkin 13-03-18 9.23.47 AM

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