Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
January 15, 2015
BANK Of America falls Below 200 Day SMA
Bank of America has closed below 200 Day SMA. But there is hope for bulls as the last fall was followed by good up move. Risk of further fall if yesterdays lows gets tested again.
Crucial supports now for Bulls to defend are the weekly cloud and Golden ratio shown in last chart.
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