Bank of America (BAC): Double Tops at Sight!

Bank of America (BAC) is forming a Double Tops with neckline at about $11.00. If BAC rebound from this neckline (also the 61.8% FR), BAC will continue the uptrend with price target of $14.40 (161.8% FR). If BAC break below $11.00 support, the price target of this Double Tops breakout is about $10.00

Key Statistics for BAC

Current P/E Ratio (ttm) 12.2033
Estimated P/E(12/2013) 11.2814
Relative P/E vs. SPX 0.8262
Earnings Per Share (USD) (ttm) 0.9200
Est. EPS (USD) (12/2013) 0.9950
Est. PEG Ratio 1.3017
Market Cap (M USD) 121,007.57
Shares Outstanding (M) 10,778.26
30 Day Average Volume 157,886,592
Price/Book (mrq) 0.5546
Price/Sale (ttm) 1.2045
Dividend Indicated Gross Yield 0.36%
Cash Dividend (USD) 0.0100
Last Dividend 02/27/2013
5 Year Dividend Growth -55.91%
Next Earnings Announcement 04/17/2013

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