March 9, 2014


  • Bank of America weekly chart shows a bullish close as price gave a 52 Week New high on closing basis.
  • Daily chart though is showing weakness at higher levels. Price closing below 17.24 may result in some more pullback before the upward move resumes again.



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My Favourite Quote

"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
—Jesse Livermore