Bank of America hit TP1, it might soar to $48 or drop to $8?
BoA has demonstrated some good harmonics.
A bearish BAT was formed from 2010 to 2014. it has nicely hit TP1 in Feb 2016.
it is rebouding to retest the $17~18 level. if it breaks, long term bullish view till $48. if it doesnt break, bearish till $8.
Let's see.
A bearish BAT was formed from 2010 to 2014. it has nicely hit TP1 in Feb 2016.
it is rebouding to retest the $17~18 level. if it breaks, long term bullish view till $48. if it doesnt break, bearish till $8.
Let's see.
Comment:
Bank of America is moving up nicely in our case 2!
