Stock Of The Day – Here's Where Bank Of America's Rally May End
1. BAC posted earnings of 90 cents; beats estimates of 81 cents. 2. Total revenue was $27.37 billion, surpassing the $26.99 billion estimate. 3. Resistance expected around $39.70; prior support may hinder growth. 4. Past selling at $43.25 indicates potential resistance upon return. 5. Analysts identify BAC as Stock of the Day due to recent performance.