January 13, 2013

BANK Of America Weekend update


  • Bank of America Daily chart shows a trend line break and a MACD Sell Signal.
  • Month chart is showing weakness at upper bollinger band. Upper bollinger band is at 11.92 level.
  • Weekly chart is shown with Fib levels. Price managed to close the week above Golden ratio. For a bigger fall price must fall below the golden ratio.
  • For bulls of BAC Price must sustain above 11.92 which is the Upper Bollinger band in month chart.
  • JP MORGAN CHASE WEEKEND UPDATE
  • RIMM WEEKEND UPDATE
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