February 22, 2013

BANK Of America chart analysis


  • BAC Closed the day below 20 and 50 Day SMA.
  • Price seeking support at the daily cloud.
  • If the cloud does not give support the bearish engulfing shown in last chart will take effect and a fall towards Weekly Middle bollinger band is likely to happen.
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1 comment:

  1. Candy MathesonFebruary 22, 2013 at 10:56 PM

    I like your new Blog layout, San...very easy to spot everything! :-)

    ReplyDelete

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