Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
January 10, 2015
Bank of America Weekend update
BAC Daily chart shows price testing 100 Day SMA.
Weekly chart shows price close below 20 Week SMA
Weekly MACD is getting ready for a bearish signal. Although daily chart managed to stay above 100 SMA the price action does not look good for bulls.
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