- BAC Closes the week above its resistance level 8.4
- Breakout does not show an increase in volume.
- Weekly chart is closer to a breakout above the cloud. Recent attempts to breakout above the cloud has failed as seen in the third chart. for a bigger up move price must breakout above the weekly cloud.
- Last chart shows price with possible Fibonacci resistance levels.
Posted by San at 10:44 PM
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