April 30, 2014

BANK Of America Analysis before opening bell

  • Bank of America weekly testing confluence of support levels at 50 Week SMA, Lower Bollinger band and support and previous resistance at 15.03. Bulls of BAC are hoping for a bullish weekly candle closing above these levels for a possible bounce to happen.
  • Weekly close below these levels may lead to bigger falls.
  • APPLE BREAKING ABOVE RESISTANCE LEVELS
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