August 12, 2012

Bank of America Weekend update

 
  • BAC Weekly chart shows resistance at 20 Week SMA. 
  • Price also near falling resistance line and Horizontal resistance zone of 8.20 - 8.35
  • Daily chart has a golden cross which will do well if the range shown in last chart gives an upper breakout. Breakdown from the range will negate the bullishness of this crossover.
  • SPY WEEKEND UPDATE


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1 comment:

  1. kesh2012August 13, 2012 at 6:53 AM

    Thanks for g8 analysis, please share analysis for CRM(Salesforce.com).

    ReplyDelete

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