Bank of America (BAC): Bull is Taking a Break!
Bank of America has been on the bull run recently after passing the stress test. It looks like BAC is taking a breather now as this stock is facing the $10.00 psychological resistance. Weekly chart...
View ArticleBig US Banks (JPM, C, RY, BAC) With Nice Charts
Commentary: Four big name banking stocks have been flying higher recently, all up between 13 and 39% in the last three months. While the upward progress is continuing in two, the other two stocks have...
View ArticleBank of America (BAC): Breakout from Ascending Triangle
Technical Analysis on Bank of America (BAC) BAC broke out from Ascending Triangle at $10.00 and heading towards the breakout target price of $12.00 (also 161.8% FR) RSI = 75 overbought region....
View ArticleBank 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%...
View ArticleBank of America (BAC): Beware Triple Tops!
BAC formed a Dark Cloud Cover reversal candlestick pattern at the resistance and have a potential of forming a Triple Tops pattern. I moved my stop loss just below $12.00 psychological support to...
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