demyanchuk
Long

The beginning of BAC uptrend?

NYSE:BAC   BANK OF AMERICA CORP
Signals:
double bottom
oncoming breakout of current channel
local flag formation

Buy 15.20 (local flag breakout )
Stop loss 14.69 (-1 tic of current fractal/ flag's low)
Target 18.00 (top line of monthly channel) 21.50 (strong inclined resistance)
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