January 24, 2013

BANK Of America Support levels

  • For Bank of america crucial supports are the 23.6% Fib level shown in the last chart and the rising 50 day SMA at 10.72
  • Immediate support is the lower bollinger band. For Bulls Price Holding above the lower BB should attempt to move above 20 Day SMA for resuming the Up move again. 
  • Weakness on falling below 11.02 which may give targets of 10.95 and 10.72.
  • DOW JONES TRIPLE DIVERGENCE
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