andrew.berg
Short

BAC continuation move, weakness after H&S resolved to downside

NYSE:BAC   BANK OF AMERICA CORP
Banks also continue to look very weak as Bank of America ( BAC             ) broke lower out of a lower level consolidation. The stock gapped down on it's earnings . Now we have point of reference at $14.71, if it will go through previous low of the day I will be considering Short option. Resistance at $14.86 then $15.00, if price will pullback to that area I expect to see some selling. Overall, financial sector shows relative weakness vs broad market and with futeres down we can see some continuation move down in this sector.
Energy Stocks Break Out vs Financials http://allstarcharts.com/energy-breaks-vs-financial-sector/?utm_source=dlvr.it&utm_medium=twitter
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
中国
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out