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- BAC Weekly chart shows price at resistance line. Weekly chart is overbought and Daily chart shows negative divergence which may result in negative to sideways price action for few weeks.
- Last chart shows price above the crucial 78.6% Fib level. Sustaining above this level may avoid a bigger fall. Bears need to close below this level for a bigger correction to happen.
- SINA CORP Chart Analysis
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- SINA Corp daily chart shows bearish price action But price is getting closer to crucial support levels.
- Presence of 200 Day SMA and support zone may give an oversold bounce before the fall could continue again.
