Hello and welcome to FixYa!
This can be caused by a worn out transmission solenoid. But before replacing the transmission solenoid, I suggest that you have the TCM (transmission control module) checked as well. It acts like a brain of the transmission that when it's faulty the transmission will fail.
Hope this helps and thank you for using FixYa! Have a good one!
http://schematicsdiagram.blogspot.in/2012/03/this-is-how-system-operates.html
This will help.
Thanks.
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