- First chart shows Shaded portion which is crucial support level. Now that this level is taken out bulls need to go back above this level to avoid a bigger fall.
- Price also has fallen below 200 Period SMA in four hour time frame.
- Golden ratio shown in four hour chart may give a bounce But price need to stay above 200 Period SMA and the shaded portion for a bigger pullback to happen.
- BANK OF AMERICA WEEKLY UPDATE
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